| Transfer tax | Real property transfer tax $3.30 per $1,000 of consideration. |
|---|---|
| Usually paid by | Split 50/50 by statute |
| Attorney at closing | Not required |
| Recording | Recording fees are set by the county circuit clerk/recorder; verify locally. |
What drives your total
Lender fees, title insurance, prepaid taxes and insurance, and any points you buy move the number most. On a $400,000 purchase, 2–5% means roughly $8,000–$20,000 at the table, your Loan Estimate itemizes every dollar three business days before closing.
Ways to reduce cash to close
- Seller credits (negotiated in the contract, program limits apply)
- Lender credits in exchange for a slightly higher rate
- Down payment assistance programs where available
- Closing on time, per-diem interest accrues daily
Sources: Tax Foundation 2026 (2024 ACS); Ark. Code 26-60-105/106. Figures are typical ranges, not quotes.
FAQ
How much are closing costs in Arkansas?
Buyer closing costs in Arkansas typically run 2–5% of the purchase price. State-specific items include: Real property transfer tax $3.30 per $1,000 of consideration.
Who pays transfer tax in Arkansas?
Customarily the split 50/50 by statute pays the transfer tax in Arkansas, though it is negotiable in the contract.
Does Arkansas require an attorney at closing?
No, Arkansas does not require an attorney at closing, though title insurance is still standard.