Who pays for title insurance and escrow fees in Arizona?
In Arizona, the seller typically pays for the owner's title insurance policy and the escrow fee, while the buyer usually covers the lender's title policy if financing a purchase. These are customs, not legal requirements, and can be negotiated in the purchase contract. In some areas or competitive situations, buyers may agree to cover more of the closing costs, or sellers may offer credits. The title company handles both title and escrow services in Arizona. 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 title, insurance and taxes
- How much is homeowners insurance in Phoenix and what does it cover?
- How do property taxes work in Arizona and how are they calculated?
- Do I need flood insurance in Phoenix?
- What is title insurance and do I need it?
- What is the difference between a home warranty and homeowners insurance?
- Do easements, solar leases or liens on title affect me?
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.