danvers ma real estate attorney how much

by Kali Kerluke DDS Published 2 years ago Updated 1 year ago 7 min read

What does a real estate attorney do in Massachusetts?

The responsibilities of a Massachusetts real estate lawyer include reviewing the contract, negotiating repairs, and making other changes to the terms of the deal. A lawyer will also attend a closing, which is the final step in executing a real estate transaction to ensure that everything goes fairly and smoothly.

Is Massachusetts an attorney state for real estate?

If you've bought a home in another state, you've probably dealt with real estate agents before, but perhaps not with a real estate attorney. Massachusetts is one of few so-called "attorney states" in the U.S. when it comes to real estate transactions.

Do I need an attorney to sell my house in Massachusetts?

Do I need an attorney to sell my house in Massachusetts? There is no requirement that you hire a real estate lawyer in Massachusetts. But when selling a large asset, having proper legal protection and guidance is recommended.

How are closing costs calculated in Massachusetts?

As a general rule, buyers should expect to pay 2%–5% of the total purchase price at closing. The median price of homes that sold in the last year is $378,600. If your closing costs are 3%, that amounts to $11,358!

Is Massachusetts an attorney closing state?

Several states have laws on the books mandating the physical presence of an attorney or other types of involvement at real estate closings, including: Alabama, Connecticut, Delaware, District of Columbia, Florida, Georgia, Kansas, Kentucky, Maine, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, New ...

Is Massachusetts a title theory state?

Massachusetts is a well-established title theory state in both statutory and case law. Under title theory, a mortgage constitutes a “conveyance or transfer” of property.

Who prepares the purchase and sale agreement in Massachusetts?

The seller's agent or attorney will draft the Purchase and Sale Agreement (P&S). This is the more binding legal document that is the official contract to purchase the home. It is a “cookie cutter” type standard document. 2.

Can you sell a house in Massachusetts without a realtor?

Can I sell a house without a realtor in Massachusetts? Yes, but this might not be the best option for you. If you need to sell quickly, aren't familiar with the local real estate market, or don't have the time to market your property, working with an agent could be the right choice.

1. Carteret Title

Very happy I made the choice to use Carteret. They offer experienced, knowledgeable service. I would recommend them to anyone in need!

2. Alexander & Femino

From Business: The law office of Alexander & Femino has been in practice since 1986. Serving North Shore and Greater Boston. Alexander & Femino practice focus: real estate…

3. Mackey & Brown, Attorneys At Law

From Business: Our clients are support by an expert team through personal injury cases and family law matters. The attorneys at John Mackey, P.C. can also help you sell or buy…

4. Saracusa Lynda L

From Business: Atty. Lynda L. Saracusa maintains a growing legal practice at The Chestnut Green on Route 114, in North Andover which is easily accessible from Route 495.…

5. Chris Drucas Attorney at Law

From Business: The law office of Chris Drucas Attorney at Law provides a wide range of legal services to businesses and individuals. We specialize in the areas of business…

6. Arlene M Keating LLC

From Business: Arlene M Keating Law Offices can make the complicated area of real estate much simpler for you. She is a preferred closing attorney for over 50 lending…

7. Cleary James P III & Joseph A PC

From Business: Third generation law firm concentrating in estate planning and administration, family and individual law. Dealing with multi-generational issues and long term…

The Law Offices of Kenneth E. Lindauer

Experience. Commitment to excellence. Honest dedication to resolving your legal issues effectively and affordably.