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The FAA and Drones for Real Estate

by Logan Wilson

As most know or one with a little skill using Google could discover that there is quite a bit of controversy of whether or not drones in general for commercial use should be illegal or regulated by the FAA. Having a passion for flight and aviation using a drone is addicting whether it is flying it on the weekends for fun taking photos of a pasture full of cattle or keeping my three year old niece entertained. The problem with taking these unique photos that provide a different perspective than most of us are accustomed to is that I can use my drone in the exact same manner to capture photos of real estate as a broker and all of a sudden it becomes illegal. Although there has been, that I know of, one real estate company that has been approved to use their drone for commercial use, it should be more streamlined for our industry. The permitting process for a drone is quite burdensome, especially if I was not handy using a computer. I believe consumers both buying real estate as well as selling recognize the benefit of adding the unique perspective of aerial photos to the marketing of real estate.

 

 

Should I Buy a Home Now?

by Logan Wilson

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall down the road, while others are convinced that home prices will go up.

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have fluctuated, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, a one point rise in interest rates could cost tens of thousands of dollars over the life of your mortgage!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates while they are still available.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

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Logan Wilson
RLW Realty
680 N. Central Ave
Umatilla FL 32784
(352) 771-2560
Fax: (352) 771-2562