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Archives

You Don’t Need Perfect Credit to Buy a Home!

June 24, 2015 - Financing, Home Buying
While slightly higher than last year, average FICO credit scores for FHA and conventional loans are still lower since 2012, sitting at 757 for conventional and 688 for FHA. Down payments are still low as well. [...] Read More
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Monica Foster June 24, 2015

Cash is Not Always King in Real Estate

June 23, 2013 - Financing, Home Buying
We’ve just about rebounded from, what I will call, an “Investors Market.” The Houston area was one of those markets that was like a feeding frenzy for investors during time when foreclosures, shorts sales and the market, in general, were [...] Read More
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Monica Foster June 23, 2013

Purchasing Property Using Your Retirement Funds

March 4, 2012 - Financing, Home Buying
Many people may not realize that you can use your IRAs and 401K for purchasing property, UNDER CERTAIN CIRCUMSTANCES. There exists a special exemption that allows first-time home buyers (defined as buyers who haven’t owned a home for at least [...] Read More
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Monica Foster March 4, 2012
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

Houston – Clear Lake – Seabrook
League City – Friendswood
Pearland – Galveston

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