Property: Need and Costs

property: And yet there are many challenges to owning a house or rental property, according to Market Watch. The upfront costs can be daunting a down payment might be anywhere from 5% to 20% of the home price and average closing costs run between about 2% and 5% of the loan amount. When asked their preferred way to invest money they won't need for more than 10 years, Americans' No. 1 choice is real estate. Once you own the place, you'll still need to pay for property taxes, as well as the costs of maintenance and upkeep. But what if you could invest in real estate without ever buying a physical property Here are three things you need to know Know your options For everyday investors who want easy access to their capital, there are publicly traded instruments that are liquid, meaning you can buy and sell them at anytime, just like stocks. And if you rent it out to someone else, you'll need to deal with the stress of finding and screening a tenant, paying for repairs and covering the mortgage during any vacancies. (news.financializer.com). As reported in the news.