What is the difference between closing, funding and recording in Arizona, and when can I move in?
In Arizona, closing is when you sign all documents with the title company. Funding happens when the lender wires money to the title company, usually the same day or next morning. Recording is when the deed is filed with the Maricopa County Recorder, which makes the sale official and transfers ownership to you. Recording follows funding, often the same day or the next business day. You can move in and get keys once recording is confirmed, not at signing. The timeline from signing to keys is usually one to two business days, but it depends on lender timing and county processing. The specifics depend on your situation and a licensed title professional should confirm, and Jon can connect you with one.
Specifics depend on your situation and should be confirmed with a title company. Jon can connect you with one: text (623) 826-0888.
More on closing costs and the closing process
- What are closing costs and how much are they in Arizona?
- How long does closing take after going under contract?
- 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?
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.