If I can be of any help in your home search feel free to click on my face to contact me as I would be happy to help :)
What is your price range? If you don't mind to provide me with more detail I can assist you better.
I can help!
Real Estate Professional / Prestige Realty
Bianca Bennett / 602-570-7898
Pacific Arizona Realty
I have a 1-page schedule showing you how all closing costs are typically split between the Buyer and Seller in Arizona. Please send me your email address and I will send you a copy of this schedule.
Let me know if I can assist you in any other way.
The Gallery Collection
The Luxury Divsion of West USA Realty
Hope this helps.
Although it is true that a cash buyer does have minimal closing costs, depending on the sale price, EVERYTHING is negotiable. With that said, in our Arizona real estate market, inventory is very sparse. A good home that comes to the market is receiving multiple offers within hours. However, CASH is KING. My suggestion to you would be to go in with a nice, clean offer and pay your own closing costs to get the best price and be considered a top contender to get that property. As you probably know, a cash buyer is much preferred by Sellers.
Look up title companies in whatever city you are interested in purchasing a home and call them for a quote on closing costs. Tax pro-ration, HOA fees, etc. will also be a factor depending on the property.
Good Luck! And if you have further questions or if I can be of assistance in any way, feel free to contact me anytime!
North Scottsdale & Valley Wide
A cash buyer will have very minimal closing costs: Escrow Fee, Insurance Policy for first year, hoa fees, transfer fees and deposits if applicable and prorations of taxes and hoa fees if paid by seller already. Of course everything in life is negotiable, so you might even negotiate that the seller pay up to a certain amount of your closing costs. Then you may not have any c.osts over and above the agreed upon price.
If you need any help please let me know.
Howard Rudin -
WEST USA REALTY
TOP 1% IN SALES WEST USA REALTY
TOP 2% IN SALES ARIZONA REGIONAL MULTIPLE LISTING SERVICE
Email me if you would like to get a copy of my one-pager reference sheet - Closing costs: Who pays what in Arizona. The chart covers who customarily pays what in Arizona in various types of transactions: cash, conventional , FHA or Va loans.
On a cash transaction the Buyer doesn't have a lot of closing costs - probably half of the escrow and recording fees, HOA transfer fee (if home is in a HOA), and property inspection fee.
Taxes may sometimes be a little tricky to understand, as they are paid in areas in AZ. So they may appear as Buyer credit on Settlement statement. I have a very simplified version of the HUD-1 Settlement Statement for easy reading if you are a non-accountant ....
Steffy Hristova, MBA, SFR, RealtorÂ®
Tel: (480) 966-9353
3131 E. Camelback Rd. #125
Phoenix AZ 85016