Think-Realty-Magazine-August-2020

WHAT MAKES KC A TARGET FOR INVESTORS?

Turnkey Properties Starting at Only $90,000.

Cash flows up to $650/mo.

Population to grow to 2,200,000 by end of 2020.

Median prices up 11.3 percent year-over-year.

Cost of living 15.3 percent below U.S. average.

Much of this information will be dated by the time you the reader are able to review. Being that the Global COVID Interrupt has had its way with our economy, some of these numbers can be different. One thing we do know is that trends tend to continue. Humans like to go back into their past like the old saying “History repeats itself.” Or the star high School quarterback never lacks

for a story around the campfire. Knowing these things, we should expect KC to continue to be source of favorable real estate investment opportunity. • Sources: NoradaRealEstate.com, Kansas City Regional Association of Realtors, Realtor. com, Zillow. The above information is the sole intellectual property of the author. Any distribution without written consent of the owner is strictly prohibited ©2020.

Properties up to 10 percent below market.

3-year appreciation forecast of 9 percent.

Average annual home appreciation rate of 3 percent. Median home value is $160,180 according to Zillow. 12 percent of listings had a price cut in Feb 2020.

SecurityNational Mortgage Company, and its loan officers, unless individually licensed and specifically denoted in their credentials, are not qualified to, and are prohibited from representing themselves as accountants, attorneys, certified financial planners, estate planners, investment specialists or tax experts, andwill not advise you in those matters. Always seek the advice of a licensed professional. This article is for informational purposes only, contains the opinion of the author, not necessarily the opinion of SecurityNational Mortgage Company, and should not be construed as lending advice. Loans are subject to borrower qualifications, including income, property evalua- tion, sufficient equity in the home to meet LTV requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and programguidelines, and are subject to change without notice based on applicant’s eligibility andmarket conditions. Refinancing an existing loanmay result in total finance charges being higher over life of loan. Reduction in payments may reflect longer loan term. Terms of the loanmay be subject to payment of points and fees by the applicant. Equal Housing Lender. SecurityNational Mortgage Company Inc. NMLS# 3116. Any amounts, figures, payments or loan terms stated are based on continually changingmarkets, rates, loan programs and borrower specific qualifications, and subject to change without notice. See loan officers featured for a personal consultation and accurate pricing.

3.9 percent 1-yr forecast till Feb 2021.

Average days on market is 75.

4 : : INVESTOR REV I EW

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