Escrow & Title
In Massachusetts, 'closing costs' paid by the buyer typically include all of the following EXCEPT:
ALender's origination fees
BTitle insurance premium
CDeed excise tax✓ Correct
DPrepaid homeowners insurance
Explanation
The deed excise (transfer) tax in Massachusetts is customarily paid by the seller, not the buyer. Buyer closing costs include loan fees, title insurance, prepaid items (insurance, taxes, interest), and recording fees.
Related Massachusetts Escrow & Title Questions
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