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Archives

3 Reasons to Use a Real Estate Pro in a Complex Digital World

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October 16, 2019 - General Information
If you’re searching for a home online, you’re not alone; lots of people are doing it. The question is, are you using all of your available resources, and are you using them wisely? Here’s why the Internet is a great [...] Read More
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Monica Foster October 16, 2019

Be on the Lookout for Gen Z: The Next Generation of Homebuyers

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October 15, 2019 - General Information
Gen Zers are the next generation of homeowners, and they’re eager to jump in and buy their first homes. Whether you are part of this generation or any other, it’s never too early to start saving, so you can reach [...] Read More
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Monica Foster October 15, 2019

What You Need to Know About the Mortgage Process

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October 11, 2019 - General Information
Some Highlights: Many buyers are purchasing homes with down payments as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Your local professionals are here to help you determine how much you [...] Read More
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Monica Foster October 11, 2019

You Need More Than a Guide. You Need a Sherpa.

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October 10, 2019 - General Information
In today’s world, hiring an agent who has a finger on the pulse of the market will make your buying or selling experience an educated one. In a normal housing market, whether you’re buying or selling a home, you need [...] Read More
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Monica Foster October 10, 2019

Homeownership is the Top Contributor to Your Net Worth

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October 9, 2019 - General Information
Recently two U.S. Census Bureau researchers released their findings on the biggest determinants of household wealth. What they found may help shape your view on building your family’s net worth. Many people plan to build their net worth by buying [...] Read More
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Monica Foster October 9, 2019

What FICO® Score Do You Need to Qualify for a Mortgage?

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October 8, 2019 - General Information
It’s common knowledge that your FICO® score plays an important role in the homebuying process. However, many buyers have misconceptions regarding what exactly is required to get the loans they need. While a recent announcement from CNBC shares that the [...] Read More
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Monica Foster October 8, 2019

62% of Buyers Are Wrong About Down Payment Needs

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October 7, 2019 - General Information
Contrary to common misconception, a down payment is often much less than many believe. According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More [...] Read More
1
Monica Foster October 7, 2019

5 Homebuying Acronyms You Need to Know

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October 4, 2019 - General Information
Some Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when [...] Read More
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Monica Foster October 4, 2019

What to Expect from Your Home Inspection

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October 1, 2019 - General Information
You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection. This contingency allows you to renegotiate the [...] Read More
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Monica Foster October 1, 2019

How Does the Supply of Homes for Sale Impact Buyer Demand?

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September 30, 2019 - General Information
The latest edition of the Realtors Confidence Index from NAR sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Until the supply of homes for sale starts to meet buyer demand, prices will continue to rise. The price of [...] Read More
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Monica Foster September 30, 2019
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Monica M. Foster

Monica M. Foster
The Monica Foster Team

Houston – Clear Lake – League City
Pasadena – Baytown – Beaumont
Galveston – Pearland – Sugarland
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