Arizona Closing Costs

How Much Are Home Closing Costs in Tucson AZ

Costs for Buyers and Sellers


How Much Are Closing CostsArizona closing costs are a topic we frequently hear from our clients whether they are buying or selling a home in Tucson AZ.

Arizona closing costs vary based on property value, location and type of loan used to buy a home. Other items included items such as title insurance, appraisal fees, and escrow fees.

It is important to know and budget for these costs before starting ayour home search. This is most important for first time home buyers.

Buyers need to budget for expenses property taxes, HOA fees, and prepaid expenses. like homeowners’ insurance or property taxes.

Your real estate agent will provide valuable by explaining Arizona closing costs.

New regulations on mortgage lenders, appraisers, and title companies have, in general, increased closing costs.

What are closing costs?

Arizona closing costs are incurred by both the buyer and seller of a Tucson home. For a buyer, closing costs will be added to the purchase price of a home.

Buyer’s Costs

Typical Arizona closing costs include costs and fees related to:

  • New loan or loan assumption fees
  • Deed and mortgage recording fees
  • Title insurance to lender
  • Escrow fee (Shared w/Seller)
  • Reimbursement to seller for prepaid taxes
  • Reimbursement to seller for prepaid HOA fees
  • HOA transfer fee (if not paid by seller)
  • HOA capital fee (if not paid by seller)
  • Appraisal and inspection fees
  • Prepaid Interest on new loan
  • Wood Infestation/Termite inspection
  • Property Insurance
  • Home Warranty Policy (If not paid by seller)
  • Realty Company “document handling/storage” (NOT all Realty Companies do this)

The specific costs and fees will vary based on the location of the home being purchased. For example, a home in a community without an HOA will not need to pay the HOA Capital Or Transfer fees. It you are making a purchase with cash, you will not have Lender Title Insurance.

So how much are closing costs going to be for the Tucson home buyer? On average, expect to pay  between $2,400 to $4,500. The big consideration will be the HOA Capital Fees. Most, if not all, Adult or 55+ communities have them. This is a onetime fee that will range from $1,500 to $2,600.

The Seller Pays for

Arizona closing costs will reduce the proceeds received from the sale of the home. For a seller, typical closing costs will include cost and fees related to:

  • Costs of clearing title
  • Certificate of title
  • Title insurance to buyer
  • Escrow fee (Share with Buyer)
  • Interest in arrears on mortgage loan
  • Prepayment penalty on old loan
  • Unpaid property taxes
  • Home Owner Association transfer fees
  • Home Owner Association assessments
  • A Home Warranty Policy
  • Realty Company “document handling/storage” (NOT all Realty Companies do this)

More Simply



  • Cost of clearing title
  • Certificate of title
  • Abstract, continuation, title insurance.
  • Conveyance tax
  • Escrow fee (Share with Buyer)
  • Interest in arrears on old loan
  • Prepayment penalty on old loan
  • Home Owner Association transfer fees and assessments
  • Septic Inspection/Certificarion
  • Home Warranty Policy (Share w/ Buyer)



  • New loan or loan assumption fees
  • Deed and mortgage recording fees
  • Escrow fee (Share w/Seller)
  • Reimbursement to seller for prepaid taxes
  • Appraisal and inspection fees
  • Prepaid Interest on new loan
  • Well Inspection
  • Wood Infestation/Termite inspection
  • Property Insurance
  • Home Warranty Policy (Share w/Seller)

And By the Way…

It is worth noting some Realty Companies charge the buyer and seller a “document handling/storage” of about $300. Ask your Realtor if their company does.

That means both buyers and sellers should be asking the agent they use how much are closing costs going to be if I use you and your company. Most won’t disclose the fees will be charged until it appears on your settlement statement. Save yourself $300 and choose a realtor and Realty Company that doesn’t charge that fee.

We will answer the question NOW – Tierra Antigua Realty – DOES NOT charge either buyers or sellers a document handling/storage fee.

So how much are closing costs going to be for the home seller? On average, expect to pay between $1,800 to $3,100.

Who Pays the Closing Costs

Some closing costs result from legal requirements. Other costs may be a matter of local custom and practice. The Tucson Home purchase contract and related addendum identify which party – buyer or seller – will pay which closing costs.

However, these can be negotiated as part of the Tucson homes purchase or selling process. This means getting the final answer to “how much are closing costs” will depend on you and your Realtors ability to negotiate.

Also, understand how much are closing costs going to be is directly related to the date the ownership of the property changes from seller to the buyer. This makes the seller responsible for expenses for the period that they owned the property.

The buyer becomes responsible for expenses accrued from the date they take title.

Talk To Your Lender

Please note, there are special considerations and limits on these expenses and who pays closing costs on VA or FHA financing. Specific closing costs are identified to be paid by the seller or buyer. Ask the realtor/real estate consultant representing you what these include.

While your Realtor may be able to provide “estimates” for some of the closing costs, your lender is responsible to identify all Arizona closing costs on their “Good Faith Estimate”. The Good Faith Estimate or GFE will be provided to you within 3 days of identifying the property you are buying.

A Settlement Statement will be provided by the title company a few days prior to the Close Of Escrow.

The Final Settlement Statement shows all actual closing and adjustment costs along with how any prepaid and unpaid expenses for the Buyer and Seller.

Considering A Home In Tucson, AZ?

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor team, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction? We’ll brief you on buying a new construction home. And what’s unique about the process.

For us, you are not another real estate transaction. Our goal is to provide insight, advice and the highest level of professional services to you. We want you to be proud to recommend us to your family, friends and acquaintances.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services.

And remember, our professional service backgrounds mean we put you first!

Selling a home in Tucson?

Selling a home requires more than listing it in the Tucson MLS system. It’s about marketing. Marketing through multiple online channels.

To no one’s surprise, 80% of home buyers start their search on the internet. Homes must be visible on multiple internet channels. The more visible a home is, the faster it will sell.

We use multiple online marketing channels to showcase your home. We will build a stand-alone website built to show your home. Our marketing program targets key cities in the U. S. based on the season. For luxury listings, our drone service provides video of your home and neighborhood. This video along with professional photos helps the online buyer see and feel in your home.

To learn more about how we can help you sell your Tucson home, call us – 520-940-4541 – to arrange a meeting.

We will visit your home and prepare a comparative market analysis. Then we will meet with you to review our analysis and our marketing program to “get your home sold!”


Both Buyers and Sellers need to understand the Arizona closing costs and lender fees for their real estate transaction. Ask your Realtor for assistance to help you through this important step in the real estate transaction.

And one more thing regarding Home Warranty Plans. While not mentioned in the link (above), many of our clients have found Fidelity National Home Warranty to be a good choice.

Thank you for visiting! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

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