Office - Central Real Estate


This Condo in Braintree, MA recently sold for $450,000. This Mid-Rise style home was sold by Office Central - Central Real Estate.


414 John Mahar Hwy, Braintree, MA 02184

Condo

$459,900
Price
$450,000
Sale Price

5
Rooms
2
Beds
2
Baths
Luxurious and spacious "Hinsdale style condo at Jonathan's Landing. 2 bedrooms and 2 full baths, Eat-in kitchen with granite counter top, backsplash and stainless steel appliances, Formal dining room with wainscoting molding, Living room with slider to private balcony, Spacious master bedroom with master bath include soaking tub, stand up shower, double granite vanity and custom built walk-in closet, 9' ceilings, Crown moldings, Gleaming hardwood floors, Spacious laundry room with additional storage,The complex offers a private clubhouse with a theater room, fitness room, in-ground pool, tennis courts, putting green and walking trails throughout the beautifully landscaped grounds, This is the perfect commuter location, close to the highway, short distance to public transportation(Red line), restaurants, and shopping.

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If you’re a first-time homebuyer, you might be wondering what all of the expenses you can expect to have when it comes time to close on your home.

Ideally, you’ll want to understand all of the closing costs months in advance so that you can plan accordingly. However, even if you’re close to purchasing your first home, it’s still useful to get to know closing costs better.

In today’s post, I’m going to cover the closing costs that are typically the buyer’s responsibility.

Buyer’s closing costs

There’s good news and bad news when it comes to closing costs for buyers. The bad news is that buyers are typically on the hook for the majority of the closing costs associated with a real estate transaction. The good news, however, is that many of these fees will be grouped together as part of your mortgage, meaning you won’t have to devote much time or thought to them individually.

That being said, to ensure that you know where your money is going, here’s a breakdown of the main closing costs that you’ll likely be responsible for as a buyer:

1. Attorney fees

Real estate attorneys research the ownership of the home, ensuring that the seller actually has the right to sell you the property. Though this is usually a formality, it is an important one.

Attorneys can either charge a flat fee or hourly rate.

2. Origination fees

The origination fee is paid upfront to the lender. It’s the fee that they charge for processing your mortgage application and getting you approved as a borrower.

3. Prepaid interest

Many buyers pay their first month’s interest in advance. This is the amount of interest that will accrue from the time you purchase the home until your first mortgage payment is due (a month later).

4. Home inspection

Inspections are one of the closing costs that can save you a ton of money in the long run if they find anything during their visit to the home. Inspectors should be licensed in your state, and you should choose your own inspector based on ratings and reviews (not at the recommendation of someone who is incentivized to sell you the home such).

5. Escrow deposits

Escrow deposits are typically shared between the buyer and seller and it is the fee that escrow agents charge for their services. You can think of an escrow as a neutral third party that keeps your money safe while purchasing a home.

6. Recording fees

All real estate purchases have to be recorded by the local government. Typically, this is performed by the county or town hall. Recording fees are charged whenever a real estate transaction occurs.

7. Underwriting fees

Mortgages are all about determining risk. A lender wants to know whether they will see a return on their investment by lending to you. To do so, they research your credit and income history. The fee the charge for this work is called the underwriting fee.



96 Elliot Ave, Quincy, MA 02171

Multi-Family

$749,900
Price

2
Units
2,590
Approx. GLA
2 unit multi-family house located on convenient and quiet location. Move-in condition, high ceiling, newer windows, hardwood floor, updated kitchen and bath, enclosed front and back porch, newer furnace, newer water heater(2015 and 2018), large parking lot, 2 car garage and a storage shed house. Near shopping, school, park, golf course and public transportation. OPEN HOUSE SATURDAY 1:00pm to 3:00pm.
Open House
Saturday
January 12 at 1:00 PM to 3:00 PM
Cannot make the Open Houses?
Location: 96 Elliot Ave, Quincy, MA 02171    Get Directions

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100 Grand View Ave, Quincy, MA 02170

Condo

$284,900
Price

4
Rooms
2
Beds
1
Baths
Located on Wollaston Hill, near golf course, new floor, fresh paint, laundry room in building, near Wolaston "T" station, shopping and school. Parking space # 33. OPEN HOUSE SUNDAY 11:00AM to 12:30PM
Open House
Sunday
January 13 at 11:00 AM to 12:30 PM
Cannot make the Open Houses?
Location: 100 Grand View Ave, Quincy, MA 02170    Get Directions

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38 Billings Rd, Quincy, MA 02171

Commercial

$2,100
Price

0
Buildings
Office
Type of Comm.
3,527.00
Lot Size
2nd floor unit, living room with 4 office, one rest room. on busy street. near public parking lot. shopping, restaurants, school. and "T" station.
Open House
No scheduled Open Houses

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