FAA Drone Registration Rules – New Laws in the US

posted in: Law | 0

Drones are not only confined to their military uses that we all have come to know so well in this past decade. The drones get their name from the fact that their use does not require any direct human factor rather they are flown remotely through radio. This is the reason that these drones are more appropriately called by the Federal Aviation Authority (FAA) as Unmanned Aircraft Systems (UAS). The use of these drones range from a hobby and toy to photography as well. The popularity of these UAS has been rising exponentially as humans have a tendency of being greatly enamoured by new technology quite readily, as in the case of the hover board. Due to this rising popular demand the expected sale of drones during the Christmas was predicted to be around 1 million by the FAA. This high number appeared to be troubling for the FAA as they issued a mandatory registration of all the Unmanned Aircraft Systems (UAS). Why the need for registration? The reason for putting the registration process into effect was not only the concerns for United States airspace, which is one of the busiest, but also the privacy of its citizens. The registration, therefore, is an attempt on behalf of the FAA to make sure the integration of the UAS is done in a safe manner and that these drones, including the model drones, are flown safely in accordance with the rules stated … Continued

Is it better to buy or rent?

posted in: Real Estate | 0

Buying a house is probably the hardest financial decision you will ever have to make. This is because it requires you to undertake a thorough research backed up by wise consultations. Some people however enjoy renting instead of buying their own house. The following is a close look at both renting and buying a home that will help make a better decision. It evaluates a few cons and pros of each scenario to help you decide whether this is the time for you to buy. Cost It is possible to rent at very low cost of buying a house in large cities. You don’t have to pay thousands of dollars in closing costs, down payments and fees for legal counsel, taxes and insurance. On the other hand, you can make nice profits by buying a home if its price moves up. Risk The risks are high for homeowners, especially if their source of income crumbles. The lender has high leverage if they can’t pay the mortgage. The consequences of tenants who are unable to pay rents are quite different since there are even some social programs that help people in need pay rent to avoid eviction. Convenience and flexibility Renting has lots of convenience and flexibility since you can easily pack your belongings and leave after your lease ends. This provides the freedom to live where you want without worrying about snow plowing and yard work which are associated with … Continued

Projected Property Values And Rates In Riverside, CA Come 2015

posted in: Real Estate | 0

According to the latest statistics, the cost of owning a home in Riverside, CA has gone up by up to 13.2% in 2014 and it will continue rising by a steady margin of 6.7% till next year. According to Riverside4Homes.com current property values Riverside, CA stand at an average of $296,200 while median-list per square foot is at $196, a figure that’s considered higher compared to other parts of America. Below are some factors that have contributed to the rise in costs of owning property in this region. Fewer short sales and foreclosures. Foreclosures can help buyers get their favorite home assets at subsidized rates given that most of them are sold in form of distressed inventory. However, when a market lacks enough of it as is the case with Riverside, CA then prices would definitely shoot up given that there would be no competition from other property owners selling their inventories cheaply. The region also witnesses a higher average sales price compared to other parts of California, meaning that investors and first-time buyers would enjoy less opportunities here compared to other places. This factor will greatly contribute to the projected 6.7% rise in property values come 2015. Nonetheless, all is not bleak for those who are planning to own a house or land in Riverside. In 2014 there was a jump in the average amount of homes found within the market, and this same trend is expected to continue … Continued

Second-tier Cities Will Lead The Recovery Next Year

posted in: Real Estate | 0

Over the past couple of years the prices of homes have been rising in a very consistent manner. Even the number of sales has increased during this period and the number of foreclosures has reduced over this period and cannot be compared to those that were witnessed during the last financial crisis of 2008. All that has changed and now you can get positive news from the real estate market that will help you make more informed and better decisions. As the recovery continues taking shape it is important to remember those that are responsible for the recovery and give them the credit that they deserve. With the recovery still ongoing it is very important to take note of those cities that have helped fuel the recovery. Heber City Real Estate is one of those second tier cities that have been leading the recovery this year and will continue leading it in the next year. These second-tier cities have become very important in the recovery and that is where you can find the real action taking place. Heber City Real Estate is one of those cities that has been leading the recovery in the past year and in the year to come. Cities like New York and San Francisco have already lost their appeal to investors and developers. This is because they have been developed to the maximum and present no new opportunities for those new investors who want to … Continued