How long does closing take after going under contract?
Closing typically takes 30 to 45 days after going under contract in Arizona, though it can be shorter or longer depending on your financing and the transaction. Cash purchases can close in as little as a week or two. Loan transactions take longer because of underwriting, appraisal and loan processing timelines. The closing date is negotiated in your purchase contract and can be extended by mutual agreement if needed. Your lender and title company will coordinate the final steps and let you know when you're clear to close and schedule your signing appointment.
More on closing costs and the closing process
- What are closing costs and how much are they in Arizona?
- What happens on closing day and when do I get the keys?
- What is a final walk-through and what if something is wrong?
- Can I close remotely or do I have to sign in person?
- What is the difference between the Loan Estimate and the Closing Disclosure?
- What are prepaid items at closing?
Meet Jon Hegreness
Jon Hegreness
REALTOR / Associate Broker · Howe Realty
AZ License BR540940000
Full-time Phoenix North Valley REALTOR and Associate Broker with 24 years in Arizona residential real estate. A negotiator and problem solver who works the way you would want a friend in the business to work: direct, on your side, and steady through the parts that get complicated.