Keywords: buy a home in Maryland, first-time homebuyer Virginia, DC real estate tips
Buying a home in the DMV area—DC, Maryland, and Virginia—is one of the biggest financial and emotional decisions you’ll ever make. Whether you’re a first-time homebuyer or relocating, understanding the local market and process can save you time, money, and stress. Here’s what you need to know:
Although the DMV is connected geographically, the real estate process in Maryland, Virginia, and DC differs in terms of taxes, legal requirements, and closing timelines. Working with a local expert like Milko Fercovich ensures you’re fully informed and protected at every step.
Beyond your down payment, be prepared for 2–5% of the home’s value in closing costs. This includes lender fees, title insurance, inspection fees, and taxes. A seasoned realtor can help you estimate and even reduce these costs through negotiations or buyer assistance programs.
Although the DMV is connected geographically, the real estate process in Maryland, Virginia, and DC differs in terms of taxes, legal requirements, and closing timelines. Working with a local expert like Milko Fercovich ensures you’re fully informed and protected at every step.
Before touring homes, get a mortgage pre-approval letter. This helps define your budget and shows sellers you’re serious, giving you a competitive edge in today’s fast-moving market.
A trusted real estate agent with local knowledge can make your experience smoother and more successful. With over a decade of experience, Milko Fercovich has helped countless families find the right home across the DMV.
Let's Find Your Dream Home — Together.
Milko Fercovich, Licensed REALTOR® in MD, VA & DC
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