Buy/Sell house in BTC?

[Geremia]

Has anyone here bought or sold a house in BTC? I've seen people on Craigslist asking for BTC for cars, but not houses.

[bit777]

It seems to be very high risk with the ever changing price.

[TheKoziTwo]

It seems to be very high risk with the ever changing price.

One can just use dollar value and equivalent in bitcoin at the time of purchase. Those who sell their house for bitcoin probably isn't planning to immediately cashout everything though, and so they can hold on it for a long time, as an investment.

[FireW]

An Old News, Canadian man wanna sell his house for 5,750 Bitcoin in 20 March 2013

http://www.bbc.co.uk/news/technology-21863593

no idea about the result./

[nandika]

I would happily sell my investment properties for bitcoin, located in Hungary..
Also houses.
If anyone interested they can PM me. Maybe I should post an ad for them in the Goods section?

[helohe]

Someone was selling his apartment yesterday using bitcoin: http://betabeat.com/2013/05/this-trump-soho-condo-can-be-yours-for-1-9m-but-only-if-you-pay-in-bitcoin/

[Geremia]

I'm wondering how the logistics of buying/selling a house in BTC would work.
From the U.S. or state government's perspective, what would be involved? Certainly, they'd want to tax the transaction somehow…

[Geremia]

It looks like there are some Craigslist ads selling houses where they accept BTC:
https://pittsburgh.craigslist.org/apa/4210057534.html

[Ann Archy]

I have a row house in historic Frederick , MD I would sell for bit coins.

[BitcoinWalker]

I have a row house in historic Frederick , MD I would sell for bit coins.

Fantastic, how would you price your house for BTC?

[Ann Archy]

I guess I would agree on a $ amount and then convert to BTC at closing. There is a lot that could go wrong in that idea. lol but I would be willing to try it.

[BitcoinWalker]

I guess I would agree on a $ amount and then convert to BTC at closing. There is a lot that could go wrong in that idea. lol but I would be willing to try it.

The hard part would be finding a buyer who would be willing to try it too.

[poordeveloper]

I'm wondering how the logistics of buying/selling a house in BTC would work.
From the U.S. or state government's perspective, what would be involved? Certainly, they'd want to tax the transaction somehow…

I think the tax problem would be the most worrying one. However I'm sure it must not be so hard to come up with a solution.

[Geremia]

It looks like there are some Craigslist ads selling houses where they accept BTC:
https://pittsburgh.craigslist.org/apa/4210057534.html

The person who posted this ad responded:

nothing to do with government.

and no, the current equal to the dollar value.  Today it would be about 1/3 bitcoin (roughly)

since the dollar is falling, some say beginning a crash, I simply hedge using bitcoins.  There is a lower exchange rate if you are traveling too.  and you can avoid the Federal Reserve Banking system, which is not federal, nor is there a reserve.  go figure.

[Geremia]

Take a look at this: http://1127earroyoroad.danielledouglasrealestate.com/

The seller of the house accepts BTC, and the realtor actually posts this on her website. awesome

Here's the realtor's site:
http://www.deserthillshorseproperties.com/
He has BitPay button on his webpage.

I called him, and he says the transaction would go through an escrow, although he said not all of the BTC has to be exchanged to USD. It seems it all depends on the people issuing the title, and even they don't really need to know about BTC.

[lemfuture]

my dad wants to sell his house in philippines for BTC but he's stuck here in usa atm  
also 65,000 hectare of land

[Geremia]

65,000 hectare of land

Oh, yes, I've seen several Craigslist people selling land in BTC.