Sell your house for cash in Arizona

How to sell a house for cash in Arizona, step by step

1. Get your numbers first. Call your lender for a payoff statement and check your county tax bill. Run a quick estimate with our cash offer calculator so you know what a fair offer looks like.
2. Request several offers. One offer tells you nothing. Get at least two, from local investors, iBuyers that serve your area, or Cash Offer Desk where we buy, and check each one with the calculator.
3. Compare more than price. Look at the closing date, who pays closing costs, the inspection period, earnest money, and whether the buyer will assign the contract.
4. Close with a professional. Escrow and title companies handle closings. A neutral escrow officer collects documents and funds and records the deed.
5. Get paid at closing. Your mortgage and any liens are paid from the sale proceeds, and the rest is wired to you or paid by check.

Wholesalers in Arizona

A.R.S. 44-5101 (HB 2747, effective September 24, 2022) requires a wholesale buyer of a home with fewer than five units to tell the seller in writing before signing that they are a wholesale buyer. If they don't, the seller can cancel any time before close of escrow and keep the earnest money.

Wherever you live, ask every buyer one question: “Are you buying this house yourself, or will you assign the contract?” A wholesaler can still be a fine option if they are upfront about it. Read our guide to wholesaling for sellers before you sign.

Closing costs and taxes

Arizona has no real estate transfer tax, only a small flat recording fee per deed. The state constitution bars new transfer taxes.

Many cash buyers offer to pay closing costs. Get that in the contract, and ask which costs it covers. Capital gains rules are federal and state; a tax professional can tell you what you will owe.

Do you have to disclose problems?

No statute requires a general disclosure form, but sellers must disclose known material defects, and the Arizona REALTORS Seller's Property Disclosure Statement (SPDS) is standard. Sellers of unsubdivided land in unincorporated areas must give an Affidavit of Disclosure (A.R.S. 33-422).

If you are behind on payments

Most foreclosures are trustee sales under a deed of trust, held at least 90 days after the notice of sale is recorded. There is no right to redeem after a trustee sale.

Selling before a foreclosure sale can protect your equity and your credit, but watch for foreclosure rescue scams. Never sign your deed over to anyone outside of a formal closing. A free HUD-approved housing counselor can walk you through every option. More in our foreclosure guide.