Buying real estate is an exciting milestone, but it also comes with legal responsibilities and financial commitments that every buyer must understand before closing. This is where real estate buyer disclosure services become essential. These services ensure that buyers are fully informed of all requirements, potential risks, and necessary documentation before taking ownership of their property.
At OneBoston Title & Closing Services, P.C., we specialize in guiding buyers through these important disclosures, making sure the closing process is smooth, compliant, and stress-free.
What Are Real Estate Buyer Disclosure Services?
real estate buyer disclosure services involve a structured process of reviewing and explaining all obligations a buyer must meet prior to closing on a property. This includes financial readiness, insurance requirements, property certifications, and compliance with both state and federal regulations. By working with professionals, buyers can avoid unexpected costs, last-minute delays, or post-closing legal complications.
Key Elements of Buyer Disclosure Services
Closing Funds
One of the first and most important disclosures relates to closing funds. Buyers are informed of the exact amount needed for closing, which includes the purchase price, mortgage details, deposits, and settlement charges. Funds must be in the proper form—typically a certified bank check—to ensure a seamless closing.
Insurance Disclosures
Real estate transactions often require multiple types of insurance depending on the property:
Hazard Insurance for houses
Condominium Insurance (including a 6(D) certificate to confirm no unpaid condo fees)
Flood Insurance for properties in FEMA flood zones
Rent Loss Insurance for investment properties
Buyer disclosure services ensure that all policies meet lender requirements and are provided well before closing.
Title Insurance
Every lender requires Lender’s Title Insurance, but it only protects the lender’s interest. Buyers are strongly encouraged to purchase Owner’s Title Insurance as well, which offers long-term protection against potential property disputes, liens, or ownership challenges.
Property Compliance Documents
Certain certifications must be disclosed and reviewed before closing, such as:
Smoke detector and carbon monoxide compliance certificates
Final water, sewer, and electricity readings
FIRPTA disclosures for foreign sellers
These safeguards protect buyers from inheriting unpaid bills or noncompliance issues.
Walk-Through and Homestead Protection
Buyers are advised to conduct a final walk-through to confirm the property’s condition. Additionally, disclosure services include guidance on filing a Declaration of Homestead, which in Massachusetts can protect up to $500,000 in equity against potential creditor claims.
Why Buyer Disclosure Services Matter
Without proper disclosure, buyers may face unexpected costs, insurance problems, or compliance failures that could delay closing—or worse, lead to disputes after purchase. Professional real estate buyer disclosure services ensure that buyers are fully prepared, protected, and confident throughout the process.
Partner with OneBoston Title & Closing Services
At OneBoston Title & Closing Services, P.C., we provide trusted real estate buyer disclosure services that safeguard your purchase. From reviewing funds and insurance to confirming legal compliance, our experienced team ensures a seamless transition into your new property.
Buying real estate is more than just signing paperwork—it’s about securing your investment. With the right disclosure services, you can step into your new home with clarity, confidence, and peace of mind.
