Buying a condo is a major decision that comes with a mix of emotions and challenges. Along the way, many buyers unknowingly fall into psychological traps that cloud their judgment and lead to regrets later. Whether it’s fixating on the “perfect” property, rushing to make an offer out of fear, or overlooking hidden costs, these mental pitfalls can derail even the most well-prepared buyer.

In Arlington, real estate assessments are made every year for the full calendar year. There are two components to the assessment: Land and Improvements. Even for a condo, there is a land component. The improvement component is everything that was added to the land, e.g. the house or building. Here are 10 insights to know.