What Are Closing Costs in Arizona Real Estate, and How Much Should You Expect?

What Are Closing Costs in Arizona Real Estate, and How Much Should You Expect?

When buying or selling a home in Gilbert—or anywhere across the East Valley—you know there’s more to consider than just the purchase price. One of the most common (and confusing!) questions clients ask us is:
“What exactly are closing costs, and how much should I expect to pay?”

As your trusted real estate team here in Gilbert, we’re breaking it all down so you feel confident, informed, and prepared.

What Are Closing Costs?

Closing costs are the fees and services needed to officially transfer a home from the seller to the buyer. These expenses fall on top of the purchase price and can vary depending on the type of loan, the lender, and even the specific community you’re buying in.

They typically cover:

• Loan origination fees – charged by your lender to process the mortgage

• Appraisal and inspection costs – ensuring the property is valued fairly and safe to purchase

• Title search and title insurance – confirming clear ownership and protecting against disputes

• Escrow fees – for managing funds securely until the sale closes

• Homeowner’s insurance & taxes – often collected upfront

• HOA transfer fees – common in Gilbert communities like Val Vista Lakes or Seville

How Much Can You Expect to Pay?

In Arizona, closing costs generally run 2% to 5% of the home’s purchase price.

For example:

• On a $400,000 Gilbert home, you can anticipate between $8,000–$20,000 in closing costs.

Who pays what?

• Buyers usually cover loan-related fees, inspections, and insurance.

• Sellers often pay title fees, brokerage commission, and any applicable HOA transfers.

• In some cases—especially in a buyer’s market or with new-build incentives—part of the buyer’s costs may be negotiated for the seller to cover.

A Recent Client Story

Not long ago, we helped a first-time buyer relocating to Gilbert who was nervous about hidden fees. Before making an offer, we prepared a detailed net sheet showing exactly what their estimated closing costs would look like. When it came time to close, their final numbers matched almost exactly—turning what felt overwhelming into something simple, clear, and stress-free.

The Bottom Line

Closing costs don’t have to be a surprise. The key is understanding what they include and planning for them early. With the right team by your side, you’ll know exactly what to expect—and that makes all the difference.

📍 Thinking of buying or selling in Gilbert or the East Valley?
Let’s sit down and review your numbers together so there are no surprises at the closing table.

Kim Carlson & Becky Blair
The Make a Difference Team | Keller Williams Integrity First Realty
📲 Call/Text Kim: 480-993-9384 | Becky: 602-908-2740
✉️ mesahomes@realtor.com | gilberthomes@realtor.com

#TheMakeADifferenceTeam #GilbertRealtor #ClosingCostsAZ #EastValleyHomes