Norfolk & Wrentham October 2022

October 2022 Find us on Facebook | Norfolk & Wrentham Town News Page 35
Commonwealth Real Estate
RE ACTVITY
continued from page 34
of Deeds. There was a 13%
decrease in homestead recordings
in August 2022 compared
to August 2021. “The reduction
in recorded Declarations of
Homestead is not too surprising
where the sales of homes continue
to level off, but all homeowners,
not just new purchasers,
should keep in mind that a recorded
Declaration of Homestead
provides limited protection
against the forced sale of an
individual’s primary residence
to satisfy unsecured debt up to
$500,000,” noted O’Donnell.
“We want to see folks protecting
the biggest asset most of us have,
our homes. I would urge anyone
who has not availed themselves
of this important consumer protection
tool to consider doing so.
The recording fee is only $36.
Feel free to visit the Registry
website at www.norfolkdeeds.
org to get more information on
homesteads and to make sure
you have taken advantage of
this protection.”
Register O’Donnell concluded,
“August real estate activity
in Norfolk County continues
to show a decline from last year.
We still see the increase in sale
prices from last year as indicating
a continuing lack of available
real estate inventory but
in comparing the numbers with
last month’s, it appears the market
may be starting to cool off.”
The Norfolk County Registry
of Deeds is located at 649 High
Street in Dedham. The Registry
is a resource for homeowners,
title examiners, mortgage
lenders, municipalities, and
others with a need for secure,
accurate, accessible land record
information. All land record research
information can be found
on the Registry’s website (www.
norfolkdeeds.org). Residents in
need of assistance can contact
the Registry of Deeds Customer
Service Center via telephone at
(781) 461-6101 or email at registerodonnell@norfolkdeeds.org.
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