Understanding Closing Costs When Selling a House in Arizona
Closing costs can eat into your profits when selling a home. Here's a complete breakdown of what Arizona sellers typically pay.
Typical Seller Closing Costs in Arizona
Real Estate Agent Commission: 5-6%
The largest expense. On a $400,000 home, that's $20,000-$24,000 split between listing and buyer's agents.Title Insurance: 0.5-1%
Arizona sellers typically pay for the owner's title insurance policy. Cost: $2,000-$4,000 on a $400K home.Escrow Fees: $500-$1,500
The escrow company charges for managing the transaction and holding funds.Transfer Taxes: Minimal
Arizona doesn't have a state transfer tax, but some counties charge recording fees around $30.Prorated Property Taxes
You'll pay your share of property taxes up to the closing date.HOA Transfer Fees: $200-$500
If you're in an HOA, they charge fees for providing documents and transferring ownership.Home Warranty: $300-$600
Often negotiated as a seller concession to the buyer.Repairs and Concessions: Variable
After inspection, buyers often request repairs or credits. Average: $5,000-$15,000.Total Closing Costs for Sellers
On a $400,000 home:
How to Reduce Closing Costs
Negotiate Commission
Some agents will work for less, especially in a hot market or for repeat clients.Sell to a Cash Buyer
When you sell to us:Sell FSBO
Eliminates listing agent commission but you still pay buyer's agent (typically 2.5-3%).Closing Cost Comparison
Traditional Sale ($400K home): Net after all costs: $369,000
Cash Sale (at 85% of value): Offer: $340,000 Closing costs: $0 Net: $340,000
The difference is only $29,000 - but with a cash sale you save months of time and hassle.
Get Your True Net Proceeds
Want to know exactly what you'll walk away with? We'll give you a transparent cash offer with no hidden fees. What we offer is what you get.
Ready to Sell Your House Fast?
Get a fair cash offer with no obligation. We buy houses in any condition.