5 Mistakes First-Time DC Homebuyers Make—and How to Avoid Them
June 30, 2025
June 30, 2025
Buying your first home in DC is exciting, but it can also be overwhelming. Here are five common pitfalls and how to sidestep them:
1. Underestimating the true cost of ownership Don’t forget property taxes, condo/HOA fees, and maintenance. These add up fast in DC.
2. Not getting fully pre-approved A pre-qualification letter isn’t enough. In this competitive market, sellers want real pre-approval.
3. Ignoring resale potential That quirky layout might work for you—but will it appeal to future buyers?
4. Choosing the wrong lender Local lenders often outperform big banks on speed and service in DC’s fast-paced market.
5. Going it alone Work with a full-time agent who knows the city and can help you navigate co-ops, zoning quirks, and competitive bids.
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