💸 Closing Costs in Arizona: What You REALLY Need to Know (2025 Edition)

Buying or selling a home in Arizona?
Congrats! 🎉 But before you pop the champagne… let’s talk closing costs.

These sneaky little fees can surprise you if you're not ready.

But don’t worry. I’m breaking it down super simple. Let’s go!

🤔 What Are Closing Costs?

They’re the final fees you pay when buying or selling a home. Think of them as the "last stop" before you get the keys 🔑 or hand them over.

🧾 They cover things like:

• Paperwork

• Escrow services

• Insurance

• Lender and agent fees
  
  

🛍️ BUYERS: What You’ll Pay at Closing

If you're buying, you’ll pay for things like:

✅ Loan Fees – The bank charges to process your mortgage
✅ Appraisal – Making sure the home’s worth the price
✅ Inspection – Optional but smart! 🕵️‍♂️
✅ Title & Escrow – Verifies ownership and handles money
✅ Home Insurance & Taxes – Paid in advance, like filling a piggy bank 🐷
✅ HOA Dues – If your new home has one, there might be fees

💰 Typical Cost: 2% to 5% of the home's price
So for a $430,000 house, that’s around $8,600–$21,500 (not including your down payment).

💼 SELLERS: What You’ll Pay

If you're selling, here's what comes out of your check:

✅ Agent Commission – Usually 5%–6% (negotiable!)
✅ Owner’s Title Insurance – Protects the buyer
✅ Escrow Split – You cover half the fee
✅ HOA Disclosure Fee – Required by AZ law
✅ Prorated Taxes/HOA Dues – You cover your share

💰 Typical Cost: 6%–10% of the home price (mostly due to commissions)
Without commissions, it’s closer to 1%–3%.

🎯 Arizona-Specific Perks

🏆 No Transfer Tax – That’s a win!
🏠 Escrow Fee Split – You and the other party share it
📝 Sellers pay title insurance for the buyer (custom in AZ)

This makes Arizona a little cheaper than other states. 🏜️

💥 Pro Tips to Save 💥

1. Compare lenders – Fees vary A LOT

2. Ask for seller credits – Buyers, you can negotiate!

3. Review your final Closing Disclosure – No surprises!

4. Budget for more than just your down payment – Closing costs are extra

5. Plan ahead – Especially with the 3-day rule for final docs