Massachusetts Real Estate


Massachusetts Homestead Protection Law

Homestead Protection MassachusettsIf you are considering purchasing a Massachusetts home one of the things you may be asked at some point, more than likely by your attorney or even possibly by the bank’s attorney, is whether you would like to have Massachusetts Homestead Protection.

Folks this is one easiest Real Estate decisions you could have make! Raise your hand immediately and say you want it. What an estate of homestead does in protect a persons residence from most creditors. The Massachusetts declaration of homestead protects the equity in your property for up to $500,000 in the event a lawsuit is brought against you. So if you are sued, $500,000 of your equity could not be touched by an attachment and subsequent levy on execution of sale.

As most people realize, we live in a litigious society. The chances of getting into an accident and someone suing you should not be taken lightly! It happens to quite a few people everyday. The Homestead protection document is filed at the registry of deeds in the county that your residence is located in.

All that is needed is the preparation and recording of a Declaration of Homestead as well as the payment of a state recording fee. The total cost is usually only around $100 to prepare and record the document. I am sure your attorney would be happy to prepare this document for you or possibly even the banks attorney if you don’t have legal representation at your closing.

To see the full article and continue reading visit Homestead protection Massachusetts.


About the Author: The above Real Estate information on Massachusetts Homestead Protection was provided by BillRE/MAX Executive Realty Metrowest Massachusetts Gassett, a Nationally recognized leader in his field. Bill can be reached via email at or by phone at 508-435-5356.

Have a home to sell in Metrowest Mass? I have a passion for Real Estate and love to share my marketing expertise!

For Massachusetts Real Estate information see Massachusetts Real Estate. Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.

I service Real Estate short sales in the following towns in and around Metrowest Massachusetts: Hopkinton, Milford, Framingham, Franklin, Upton, Bellingham, Southboro, Westboro, Ashland, Holliston, Mendon, Northboro, Shrewsbury, Hopedale, Medway, Grafton, Northbridge, Uxbridge, Millbury, Worcester, Natick, Sutton and Douglas MA.


Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 25 years.

Bill Gassett is a thirty-two year veteran to the real estate industry. He enjoys providing helpful information to buyers, sellers and fellow real estate agents to make sound decisions. His work has been featured on RIS Media, National Association of Realtors, Inman News, Placester, RESAAS, Credit Sesame and others.

Comment balloon 7 commentsBill Gassett • December 10 2011 10:38AM


Good information for the buying public!

Posted by Joe Jackson, Clintonville and Central Ohio Real Estate Expert (Keller Williams Capital Partners Realty) over 7 years ago

Hi Bill, That is a wonderful report and certainly good information that any consumer in your area should know. I hope your holidays are wonderful and Wishing you and our family a Very Merry Christmas and A Happy and Prosperous New Year!

Posted by William Johnson, Retired Real Estate Professional (Retired) over 7 years ago

Hi Bill, I was actually addressing this post. While it is not a market report, it certainly is great informational report on Homestead Protection. I think while I was in school, everything was called a report and it just stuck, LOL.

Posted by William Johnson, Retired Real Estate Professional (Retired) over 7 years ago

Signing up for Homestead Protection sounds like a no brainer.  Why gamble with your future.  I don't think Missouri has this.  Off to check it out.

Posted by Kay Van Kampen, Realtor®, Springfield Mo Real Estate (RE/MAX Broker, RE/MAX) over 7 years ago

Bill that sounds like a no brainer to me.  Anyone that says no is being very foolish.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 7 years ago

William that is pretty funny...thanks my friend!

Kay & George - Homestead protection is the cheapest and easiest kind of insurance I know of. You are both right it is a no brainer!

Posted by Bill Gassett, Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) over 7 years ago

Bill...there is no reason not to record a Homestead in MA.  I believe part of the new law requires closing attorneys to offer buyers the option to do this.  Of course, they will charge $100.00 but I will prepare it for my clients for free. :)

Posted by Christine Smith, Exclusive Buyer Agent & Attorney, Canton, MA (Buyers Brokers Only LLC - over 7 years ago

This blog does not allow anonymous comments