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Real Estate Agent
RE/MAX Legend Realtors
1350 Blair Drive
Odenton, MD 21113
Office Phone: (410) 551-2700
Cell Phone: (443) 848-3666
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Looking to buy or sell a home?
Helping homeowners and homebuyers in Anne Arundel, Carroll, and Howard Counties get where they want to go...
  
I understand that many visiting my webpage are in the very beginning stage of their search and may not be ready to for me to contact them at this time. That is why my site allows visitors to search the full MLS listing without any signup or divulging of personal information. I understand and respect your privacy. After the research phase is over and you are thinking about buying or selling and would like an agent contacting you, I would ask and appreciate the opportunity. Please contact me when you need the help of a real estate agent. Referrals available.
Which is the better investment? Real estate or stocks?
I read an article written by Blanche Evans and Blanche gave 5 reasons why real estate
is a more logical investment.
1. She points out that with stocks, alot of your money buys into a little piece of a
company, whereas with real estate, you use a little money to buy an entire house.
2. Another advantage are tax incentives. With stocks, you pay capital gains tax. In real estate, a married couple who owned real estate that lived there for two years as their primary residence gets up to $500,000 in appreciation without pasying capital gains tax; not to mention the interest rate deductions.
3. When you buy stocks, it's not likely that you will meet with the CEO to improve business. With a property, you can choose the location, the neighborhood, make repairs, make additions, choose the decor, all in which to improve the value.
4. Unlike some stocks, a house will seldom become worthless. Even if the real estate market has ups and downs, stocks lost more value that real estate.
5. When it rains, would you rather have a roof over your head? Or a stock certificate?
Surely then, where would you like your money to grow?
So call me 443-848-3666 to discuss how you can be on your way of owning a home.
[Visit weekly for new thoughts, or subscribe for emails)
Getting Ahead: To Buy or Sell First?
So, you currently own and you are thinking about making a move. The real estate market makes headlines daily. “The bubble is over! Homes for sale are sitting longer on the market.” I’m not a financial advisor nor do I know your situation, but here is food for thought. You’ve been looking at homes casually, even driven by a few for sale signs. You think to yourself, “Hmm, this price seems a bit high for the market. Hasn’t that other house down the street been on the market for a while?” You also understand that homes are out on the market longer than they were three years ago, but you await a price reduction before you will take a second glance. Maybe you zealously browse foreclosures or short sales to find the real bargain. When all of a sudden, you find the perfect house in the perfect neighborhood, and while the price is right, you think you can negotiate an even better deal! Better yet, the property sits vacant, the winter season is here, and you know the owner is paying a double mortgage and worried. You foresee a stronger negotiating point. Hurray! But then again, there is your current property to sell. For some, it stops here. You can’t buy another home without the proceeds from selling your current property. For others, the ball is about to roll. You start calculating some figures. You understand that their loss could be your gain with a quick settlement. So you write a modest offer and negotiate into agreeable terms. Now you may be thinking. “What?” or you see where the initial investment pays off. Suppose you negotiate a $30,000 price reduction. Your current property has a monthly payment of $2,500. We research your area’s average DOM (days on market) and it’s very probable to have your house sold within a year (12 months. $2,500 x 12 = $30,000) Keep in mind, the equity portion of your monthly mortgage payments come back to you. If your current neighborhood’s average DOM is 3-6 months, then you have earned $15,000 plus the equity in the monthly payments in while it sat on the market plus all the other benefits received from the seller of the new property that you were able to squeeze out due to the quick settlement. I’m a bit of a risk-taker and this is how I took advantage of the current market. I negotiated a very reasonable price for the property, got almost all of the closing help from the seller, had the house returned to mint condition. Another benefit in doing this is, I’m able to move all my “clutter” out of my old home into my new home. This allows me to stage the house and give it the “model home” feel and outsmart the market. Plus, whatever items I purchase, I can re-use for future flipping* opportunities. As a further precaution, (you may have caught this earlier) the house I purchased was returned to mint condition with a satisfactory home inspection. Not that I plan to move back to the original home, but should there be any surprises in the market, I could very easily re-sell this new property, break-even or better. Or, rent my original property for 12 months and take a gamble that next year market conditions will be better and earn more equity. I’ve always had an interest in business. My DNA must have risk composed in it as well. But through past business, I’ve learned that nothing goes according to plan. And when you thought though Plan A over and over, you still need a Plan B, and a Plan C. And you need to think them through over and over again until you start double-thinking yourself. Real estate investing and flipping*, or even when it comes to just buying the home you plan to live in, isn’t an easy process and isn’t for everyone. It can worry you. As for me, I saw this particular property as a great opportunity. I currently am in the middle of preparing my other house for the market…and the winter season is here. While there are many uncertainties, my gut told me this wasn’t an opportunity to pass up… or maybe it was that risk inside me. Seriously consider your situation before taking this advice. There is no such thing as a get-rich-quick method. I’ll keep you posted as to what happens in my investment endeavors. *(The term “flipper” can often leave a negative impression to some people, but when I use flipping, it is meant to be understood in the most respected sense: to give a home it’s fullest potential for another family.)
Committed to Your Needs
The role of a real estate agent is to guide you through the buying or selling
process, taking the time to make sure you understand every step of the
transaction. Christina is absolutely committed to fulfilling your needs with the
highest level of professionalism, expertise and service. Her commitment to
your satisfaction is the foundation from which a solid business relationship is
built. She realizes that people do business with people they trust. Christina
is interested in what is best for you, the client, and is committed to
establishing a long-term relationship based on trust. She prides herself on
being knowledgeable and staying current with changes in the industry that
will affect the success of your transaction. You have worked hard to be able
to purchase the home of your dreams. She feels the responsibility to make
those dreams a reality and pursue the right solution enthusiastically.
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Enthusiasm working for you
Helping people make one of their most important decisions is a serious responsibility, but something that Christina enjoys doing. This enthusiasm and hard work will benefit you and help reduce the stress and anxiety often associated with real estate transactions.
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Established Credibility
Christina has been in sales and customer service for over 5 years. She can say with confidence that she gets the job done right.
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Re/Max Legend Realtors
Christina Yoon is a licensed real estate agent, and works out of the Re/Max Legend Realtors Odenton office. Each office is independently owned and operated. She is also a member of the Anne Arundel County Board of REALTORS.
- Thinking of Moving?
Let me help you get started in the right direction: The direction that gets your home sold for top dollar. I educate my clients on both the selling and buying side of a transaction. I also provide exceptional service, a savvy marketing plan, excellent negotiating skills, and only best results. I'm available now 443-848-3666 to help you.
- Have a real estate question?
I'm always ready and available to help. Please call me or email your question to Christina@christinayoon.com. I am glad to share what I know with my neighbors. Also, if you would like to receive a free subscription to my newsletter, Homeowner's Corner, or House How's, please make an account on this site. Be sure to check out market trends and other topics in the library section of this website.
- How much is Your Home Worth in Today's Market?
Please click on Market Analysis on the left of this site to receive a free home CMA (comparative market analysis).
- Relocating to Maryland?
Find home listings, school reports, today's mortgage rates and unlimited information in the Library section of this site. Take advantage of the Property Organizer to make it easier to keep track of properties.
- Investors! Looking for to buy or sell an investment home?
I'd be glad to search bank foreclosure listings and HUD listings per request. If you are selling an investment home, please contact me about 1031 Tax Deffered Exchanges.
Hesitant about what you hear about the mortgage situation? Get up-to-date information right here.
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