Nolan Silvius's Blog Posts

Closing Costs for Homebuyers and Sellers: What You Need to Know - Eric Mitchell

Who Pays the Closing CostsClosing costs are an essential part of the home buying process that both buyers and sellers need to understand. These fees are paid to third parties to finalize a home

Read More

Understanding Loan Estimates and Closing Disclosures: A Guide for Homebuyers - Eric Mitchell

Why Loan Estimates and Closing Disclosures May Not MatchWhen you're in the market to buy a home and need a mortgage loan, it's essential to understand the loan estimate and the closing disclosure.

Read More

Are There Tax Benefits for Buying a Home? - Eric Mitchell

What Tax Benefits Are There For Buying A Home?Aside from having more space, more comfort and the opportunity to build equity for yourself instead of a landlord, owning your own home also potentially

Read More

Is Spring 2023 a Good Time to Buy a Home? - Eric Mitchell

Understanding The Housing Market Conditions in Spring 2023The spring homebuying season is here, but as you consider purchasing a home, you may be wondering if it's the right time. High home prices,

Read More

Small Home Improvements That Make a Big Impact - Eric Mitchell

These Small Improvements Can Make a Big Impact on Your HomeWhether you're looking to sell your home or simply want to add more decorative flair, consider small improvements that won't break the bank

Read More

What is a Cash-out Refinance? - Eric Mitchell

Understanding Cash-Out Refinance: Fundamentals ExplainedA cash-out refinance is a type of home loan that allows homeowners to borrow money by refinancing their existing mortgage for an amount

Read More

Sellers: Don’t Be Surprised by Home Repairs - Eric Mitchell

How to Avoid Unexpected Repairs and Replacements When Selling A HomeWhen you're selling your home, unexpected expenses can pop up if the homebuyer requests repairs or replacements to be completed

Read More

Upcoming Housing Markets in 2023 - Eric Mitchell

Top 10 Growing Housing Markets in 2023What makes a place to live desirable? Is it friends and family? Weather that’s ideal for your favorite outdoor activities? Good jobs that help you care

Read More

Places in the USA Where Housing Inventory is Still Low - Eric Mitchell

Inventory is Still Low, But Prices Are Starting To Come DownAs we begin the new year, many in the real estate industry are hoping for more clarity in the housing market. Home prices are still,

Read More

Home Rental Market - Are Decreased Rentals on the Way? - Eric Mitchell

Will Rent Prices Go Down In 2023?As homebuyers have learned the hard way for many years, private, foreign and corporate investors are snapping up homes and driving up home prices. Home prices

Read More

Keep Heating Costs Down This Winter - Eric Mitchell

How to Lower Your Heating Cost This WinterIn fall 2022, the National Energy Assistance Directors Association warned that heating costs will be the highest in 10 years as households pay

Read More

How Sellers Can Break a Purchase Contract - Eric Mitchell

How Sellers Can Break a Purchase ContractIt’s a common scenario in a hot market – the buyer has their next home within their grasp, but then the seller backs out of the contract. How can

Read More

Advice for First-time Homebuyers - Eric Mitchell

What First-Time Homebuyers Need to KnowFirst-time homebuyers are discouraged by high home prices, higher interest rates and continuing inflation. According to the National Association of

Read More

Should You Buy a Home with a High Interest Rate? - Eric Mitchell

What To Do When Mortgage Rates Are HighCompared to the interest rates over the last decade, especially the low rates that kicked off the housing boom of 2020, current interest rates may seem

Read More

Photographing Your House to Sell - Tips for Home Photos - Eric Mitchell

How to Get Your Home Ready to Be PhotographedThe fact that homebuyers begin their home search by perusing listing photos online means that you have to grab their interest in your home right away.

Read More

Housing Outlook 2023 - Eric Mitchell

Housing Market Predictions for 2023What will the new year bring for homebuyers, homeowners, and home sellers? Lower or higher home prices? Higher or lower mortgage interest rates? Or a continuation

Read More

Home Decorating Trends Making a Comeback - Eric Mitchell

Consider These Retro Design Ideas For Your Next Home Renovation!All interior design trends change, often in the opposite direction. After years of cool, grey minimalism, homeowners are turning

Read More

What to look for when purchasing investment properties in South Carolina - Eric Mitchell

Purchasing an Investment Property in South CarolinaThere are many aspects to consider when it comes to choosing a South Carolina rental property. It’s important to consider the financial

Read More

Inheriting a Home with Siblings - Eric Mitchell

What You Need To Know About Inheriting A HomeYou and your siblings are notified by the executor of an estate that you’ve jointly inherited a house. According to TrustandWill.com, the

Read More

Painting Kitchen and Bath Cabinets - Eric Mitchell

How To Paint Kitchen CabinetsPainting kitchen and bath cabinets a fresh, new color can give your home the much-needed update it desires for only a few hundred dollars. Make the job simple by using

Read More

Should You Try to Time the Housing Market - Eric Mitchell

Can You Time The Housing Market?It’s been the year for contradictions in the housing market. Housing sales are decelerating, home builders are slowing down production, and mortgage interest

Read More

What Does Contingent Mean in Real Estate? - Eric Mitchell

What You Need To Know About ContingenciesWhen a homebuyer makes a purchase offer, and the seller accepts, the home is considered under contract as long as certain “contingencies” are met

Read More

Snowbird Real Estate - Eric Mitchell

Retirees Head South To Buy Real EstateJohn D. Rockefeller, founder of Standard Oil, once controlled 90% of fossil fuels in the U.S. As America’s richest man, Rockefeller was ahead of his

Read More

Investment Real Estate Percentage Rules - Eric Mitchell

Know These Investment Real Estate Percentages Before Buying A PropertyHave you ever wondered what the formula is to make money in real estate? Guidelines or rules can help you gauge profitability

Read More

Expected Global Real Estate Trends in September 2022 and Beyond - Eric Mitchell

Projected Real Estate Trends for September 2022According to Realtor.com, September is the best time to buy a home in the U.S., specifically the week of September 25th to October 1st. It

Read More

How to Increase Your Home's Value the Most - Eric Mitchell

Get Your Home Ready To Be Appraised!Before you sell your home, you want to make it as attractive to homebuyers as possible. Most homebuyers obtain mortgage loans to buy homes and mortgage lenders

Read More

Design It Yourself Wallpaper - Eric Mitchell

Have You Heard? Wallpaper is Back!Your home can reflect your personality and taste in unique ways by designing your own peel-and-stick wallpaper.  But there’s a lot to consider –

Read More

Is Now the Time to Remodel? - Eric Mitchell

Should You Remodel Your Home Right Now?With today’s runaway inflation and rising interest rates, it may seem like a good idea to put your remodeling plans on hold. Or, maybe not.According to

Read More

What Does the Economic Forecast Mean for the Housing Market - Eric Mitchell

How Does The Economic Forecast Affect the Future Housing Market?Economists are saying recession is on the near horizon. Bloomberg's July 2022 survey of economists found the probability of

Read More

How to Use Landscaping to Increase Your Home's Energy Efficiency - Eric Mitchell

Energy Efficient LandscapingSmart landscaping can increase your home’s energy efficiency, saving you money on your utility bills. Shade trees, windbreaks, and layering are just a few ways

Read More

How to Get a Permit for Remodeling Your Home - Eric Mitchell

5 Reasons to Get Permits for Your Next Remodeling ProjectBefore you begin any remodeling project on your home, you need to find out if any, all or none of your planned improvements require a

Read More

How to Assess a Neighborhood When Buying a New Home - Eric Mitchell

Before Buying a Home Evaluate the NeighborhoodWhen you buy a home, you’re also buying the neighborhood, so it’s up to you to find the best area possible for your household’s. &

Read More

Homebuyers Catch a Break - Eric Mitchell

Active Listings are Projected to Increase in Q3If you’ve been discouraged about buying a home because the housing market is too competitive, you’ll like the latest 2022 forecast update

Read More

Five Ways to Discourage Burglars - Eric Mitchell

5 Steps to Secure Your HomeThere’s more you can do to discourage burglars than an alarm system when you’re away. Burglars look for easy targets, where they can get in and out quickly.

Read More

Which Remodeling Projects Bring the Most Joy? - Eric Mitchell

Renovations That Make Your Home More EnjoyableIn 2020, Americans spent $420 billion remodeling their homes, according to a new report by The National Association of REALTORS (NAR) and 

Read More