Bobs (famous!) House in Germany auction, take II ***3 DAYS LEFT***

[bitcoin_bob]

For those of you who have just joined us, This is a continuation of the 10BTC starting auction for a whole freehold house in Ichstedt, Germany.

The original post can be found here;

https://bitcointalk.org/index.php?topic=196368.0 for those of you that want to follow.

My biggest mistake last time was not providing enough information, so, I am going to provide as much as I can now to avoid spamming of the thread.

OK so here we go:

This is a full HOUSE for sale in Germany, in the village Ichstedt and in the state of Thuringia.

The house is 245KM from Kreuzberg, Berlin, where you can buy a beer for bitcoin

It is also only 350KM from Prague.

Its major cities surrounding are Halle, @ 74km away, and Leipzig @116KM away.

About the house itself:

It has 74M2 of living space with 4 bedrooms, a basic kitchen. Attic and basement space not included in that. It also has an outbuilding, a garage and another outside cellar, making up a total of 180m2 enclosed space.

The plot is exactly 451m2 according to the deed. It is a triangular parcel bordering a canal which can be seen in the photos.

It is not leaky. There is water, gas and electric connections to the house. It has not been renovated since before dinosaurs walked the earth, so if you don’t want to live like a caveman I would suggest new kitchen, bathroom, and rewire the whole house plus a good paint job and sand the floors and doors. The windows are all (on last inspection) not broken and doors are secure. The garage has a nice overhead door and just needs cleaning out and is ready to park your car/campervan or caravan to stay in whilst you renovate the house.

Basically to sum up the property condition; Watertight and connected to all facilities, renovation project. This is built from STONE and wood beams in circa 1830 and it is still here now. This is a solid house.

I am going to say this SIX times to prevent confusion.

THIS HOUSE IS NOT LISTED.
THIS HOUSE IS NOT UNDER ANY MONUMENT PROTECTION.
THIS HOUSE IS NOT DENKMALSCHUTZ!
THIS HOUSE IS NOT A HISTORICAL PROPERTY
THIS HOUSE IS SUBJECT TO ONLY NORMAL BUILDING REGULATIONS.

And finally……

THIS HOUSE IS NOT BLOODY DENKMALSCHUTZ!


The location: a very picture postcard village, ideal if you want to get away from it all or start again. The internet connections in Germany are OK, this village will get an 8MB connection and maybe a 20MB connection so if you are someone who works without geographical ties this could be your biggest adventure yet.


TAXES:

Property taxes currently stand at 120 euros a year and 55 euros for water runoff (usage of the sewer system by the gutters on the house). This will go up if occupied; how much to I do not know. But not a lot, German habitation taxes are very, very affordable.

Legal fees; Will be 2.5% of the declared price on sale, plus lawyers fees and notary fees of ABOUT 500 euros, give or take. As pointed out before, Notary fees are fixed in Germany on a scale depending on the cost of the transaction. However lawyers fees are not. So depending on how much escrowing/power of attorneying/messing round we do, depends on the final legal costs. All to be borne by the buyer, on top of your bid. 500 euros will need to be sent as a deposit to the Notary dealing with the sale, before any legal work can commence.

Pictures of the house:

[img=http://s20.postimage.org/p8qkpusbd/image.jpg]

[img=http://s20.postimage.org/52n2qywnt/image.jpg]

[img=http://s20.postimage.org/hijskppzt/image.jpg]

[img=http://s20.postimage.org/f2hz6v7x5/image.jpg]

[img=http://s20.postimage.org/ylmkg86op/image.jpg]

[img=http://s20.postimage.org/r6x8nukt5/image.jpg]

[img=http://s20.postimage.org/mmb28x13t/image.jpg]

[img=http://s20.postimage.org/5zthzu861/image.jpg]

[img=http://s20.postimage.org/i33f158m1/image.jpg]

[img=http://s20.postimage.org/6f9d6ljh5/Picture4.jpg]

[img=http://s20.postimage.org/x1ltvkno9/image.jpg]

[img=http://s20.postimage.org/bt85e597d/Picture6.jpg]

[img=http://s20.postimage.org/5gt04b655/Picture5.jpg]

[img=http://s20.postimage.org/ozxldo4wp/Picture1.jpg]

[img=http://s20.postimage.org/vro0gitw9/Picture8.jpg]

[img=http://s20.postimage.org/5kmtkkbmh/Picture15.jpg]

[img=http://s20.postimage.org/8fzwrffmh/Picture7.jpg]

[img=http://s20.postimage.org/4kwiouwgp/Picture18.jpg]

[img=http://s20.postimage.org/vwwd3xql5/Picture17.jpg]

[img=http://s20.postimage.org/p7ptnx595/Picture21.jpg]

[img=http://s20.postimage.org/a09u3kdeh/Picture20.jpg]

[img=http://s20.postimage.org/jm3ejv4k9/Picture19.jpg]

[img=http://s20.postimage.org/g3renh3o9/Picture22.jpg]

[img=http://s20.postimage.org/v0zvohgwp/Picture26.jpg]

[img=http://s20.postimage.org/mk0ddkc7t/Picture25.jpg]

AUCTION RULES

The auction stats at 10 BTC and has no reserve. Bidding is in increments of at least 1BTC, but if you say have a total balance of 111.15 btc and you want to throw the lot at me then I will accept it, as long as the previous bid was LESS than 110.

This auction thread is for BIDS ONLY. Questions can be posted on the original thread here:

https://bitcointalk.org/index.php?topic=196368.0

and I suggest if you have the time to read the thread as I think all points have now been covered.

ESCROW

I WILL ACCEPT ESCROW. This is how it will happen.

1.   You win and send a deposit of 500 euros to the notary in Germany.
2.   On confirmation of the deposit, a ‘purchase agreement’ is sent to you signed to show we accept your bid. You then sign the agreement to say you legally agree to buy the house. You then post original to the notary, and send a scan copy to us. You will also need to sign a ‘POA’ for the notary to act on your behalf, at your local german consul, or go to Germany. I suggest you check where the nearest German consul is before getting too involved here- if they are 1000 miles away and you are not prepared to go to them, this deal is not going to work. 
3.   the deal is now legal, the notary will begin the transfer of title. You will pay the owed funds in BTC to the escrow champion who will also convert them to Euros. You will be responsible for the escrow fees.
4.   we will send a certificate of ‘all payments received’ to the escrow champion, signed and notarized. This document, when given to the German notary, is irrevocable proof that you have paid for the property and we will have no way whatsoever after that and the purchase and sale agreement has been given to the notary, to prevent the property being registered into your name.
5.   the escrow champion transfers the funds to us and sends the certificate of payment received, via registered mail, at the same time.

VIEWING ETC

If you want to view the property in the next 3 days, then contact me with your name, and ID and I will authorize you to visit and tell the local police station/neighbours you are going to be there. This will prevent your arrest. Any damage done by you will be reported to the police for criminal damage. I have to say this, because apparently the motto of this forum is ‘trust no one’ so I am trying to get into the spirit of it.

SPAMMING OF THE AUCTION

Again I ask you to post all questions and comments here:

https://bitcointalk.org/index.php?topic=196368.0

as otherwise the auction just gets too confusing for people to follow.

AUCTION FINISH:

Auction finishes at 00:00 GMT Sunday 12th May 2013, however if bids come in with half an hour to go, I will extend the auction by half an hour. When there has been no activity for half an hour the auction is finished.

PM OFFERS:

I have had several PM offers but only public offers will be considered bids.

PAYMENT AND AUCTION FINISHING:

Payment to the notary to be instigated Monday and balance sent to escrow the same.

PUBLICITY:

I will continue, for the voyeurs amongst us, to update people on how the sale is going. I would like, but hold no duty, for the buyer to continue to do the same to show that such a deal really can happen. I have been contacted by the press for an interview, already interested in this sale but I have declined at this time to respect the privacy of the future owner of the property, as I don’t have the right to broadcast this sale too much, they might not want their house in the paper. I would ask any press members to respect their privacy also unless they so choose to give statement. If they are interested in press publicity I am happy to give statement myself but only in co-operation with the future buyer.

OK then…..back to the auction we go, round II. Lets see what happens!

[1715411792]

1715411792

[1715411792]

1715411792

[1715411792]

1715411792

[bitcoin_bob]

Bidding 44.444 BTC.

importing bid from user miernik from previous auction thread. All bids must now be 45BTC or above.

[bitcoin_bob]

Thumbnail gallery of photos here;

http://postimg.org/my.php?gallery=2zbidwy2

[bitcoin_bob]

Bump, we have entered into the less than 3 days mark.

If this goes well there will be more interesting items to come so bid generously........

Bid goes over 150 and I will throw in a free deer hunting holiday in Canada......

[Inedible]

Bid goes over 150 and I will throw in a free deer hunting holiday in Canada......

You'll need to clarify that too unless someone bids 151 and expects you to fly them first class to your home so that they can live with you for 2 weeks at your expense lol.

[bitcoin_bob]

Bid goes over 150 and I will throw in a free deer hunting holiday in Canada......

You'll need to clarify that too unless someone bids 151 and expects you to fly them first class to your home so that they can live with you for 2 weeks at your expense lol.

Tent, gun, beer, fun, for 1 week. Collection from Halifax airport, no flights included. No assurance of actually getting the deer, but the beer 100% chance of success.

[El Cabron]

Free bump. Best of luck.

[bitcoin_bob]

Free bump. Best of luck.

Friends again.

Thanks.

BitcoinJobe (no relation!) posted a reddit link thread which can be found here;

http://en.reddit.com/r/Bitcoin/comments/1dzu8e/house_auction_in_germany_for_bitcoins_only_a_few/

Only 2.5 days left......don't be shy people

[VeeMiner]

I am monitoring this thread

[piit79]

This is brilliant. Will you really sell if the price reaches only say 150 BTC? That would mean I can afford a house :-D

Shame the timing is not great, I'm tied up where I am now plus I don't really speak much German

[El Cabron]

Sadly I have to report that I highly suspect this to be a scam.

OP has said he will provide the address of the house and the phone number of his attorney in his personal communications with me.

When this information was requested it was not sent. After a few more tries he finally said that he would "have his attorney call me tomorrow morning". Still no explanation as to why he will not give me the phone number or the address of the house.

Having "some guy" calling me and telling me he is a lawyer is not the same as having my lawyer call up a guy and having him verify the information for me.

I want to make sure the house does exist where he says it does and that it is not protected in anyway.

Also I was unable to find the house on google street view. This does not mean much as well they could have missed it but it does make me wonder. The town is not that big at all.

Can I prove that this is a scam? No I can not and the reason why is because I have no information that is useful other than the name of the town and some photos.

I am extremely disappointed as I was seriously interested in the house/auction. I also had some one willing and able to visit the location to see if the house was in good condition.

I will request the OP be labeled a scammer and banned for trolling if he is unwilling or able to provide the basic information needed to auction a house.

I am said to say I have wasted a significant number of hours try to make this work

Please everyone be very careful. If someone does buy this please use escrow and please let me help you write the escrow contract.

Thanks.

[candoo]

Is the house in ichstedt at Schulstraße / Hauptstraße ?

I would offer myself as a escrow for this auction. I live in Germany and I speak german native. So I could check everything with the contract and the lawyer / notary

[candoo]

Is the house in ichstedt at Schulstraße / Hauptstraße ?

I would offer myself as a escrow for this auction. I live in Germany and I speak german native. So I could check everything with the contract and the lawyer / notary

@bob.

I guess you dont want to risk any money because Bitcoin could crash while I hold the escrow money. I could sell the coins after I received them (both parties have to agree). So there is no risk in loosing money.

After the deal is done, you would get a Mtgox EURO Coupon and could buy yourself new bitcoins.

[El Cabron]

It looks like the house is in the village where OP says it is. However it would be nice to have the address so we can confirm the house in the photo is the same one that will be on the paperwork.

[yossarian]

Sadly I have to report that I highly suspect this to be a scam.

OP has said he will provide the address of the house and the phone number of his attorney in his personal communications with me.

When this information was requested it was not sent. After a few more tries he finally said that he would "have his attorney call me tomorrow morning". Still no explanation as to why he will not give me the phone number or the address of the house.

Having "some guy" calling me and telling me he is a lawyer is not the same as having my lawyer call up a guy and having him verify the information for me.

I want to make sure the house does exist where he says it does and that it is not protected in anyway.

Also I was unable to find the house on google street view. This does not mean much as well they could have missed it but it does make me wonder. The town is not that big at all.

Can I prove that this is a scam? No I can not and the reason why is because I have no information that is useful other than the name of the town and some photos.

I am extremely disappointed as I was seriously interested in the house/auction. I also had some one willing and able to visit the location to see if the house was in good condition.

I will request the OP be labeled a scammer and banned for trolling if he is unwilling or able to provide the basic information needed to auction a house.

I am said to say I have wasted a significant number of hours try to make this work

Please everyone be very careful. If someone does buy this please use escrow and please let me help you write the escrow contract.

Thanks.

Please read http://www.streifler.de/steps-to-take-when-buying-real-estate-in-germany-_2897.html (random source).

"How long will it take until I own the house / the flat?

Several weeks (even months) can pass from the time of signing the notary deed until receiving the land title register confirmation. However, this has no bearing on when you can take over the house as your own. Normally, the purchase can take possession the moment the purchase price is paid in full to the seller. That date is agreed upon in the purchase deed. During this time your interests in the property are protected by a priority notice of conveyance (“Auflassungsvormerkung”)."

It is standard procedure in Germany to only pay after the "Auflassungsvormerkung" has been established. It would be foolish not to do this, especially in a case like this. The "Auflassungsvormerkung" is done with local authorities who check identities, so only the rightful owner can sell property. That's pretty much the gist of it. High level of protection, all the escrow talk seems irrelevant to me if you stick to standard procedures.

OP will most likely (have to) agree on this procedure if he wants to make this sale happen.

[El Cabron]

Sadly I have to report that I highly suspect this to be a scam.

OP has said he will provide the address of the house and the phone number of his attorney in his personal communications with me.

When this information was requested it was not sent. After a few more tries he finally said that he would "have his attorney call me tomorrow morning". Still no explanation as to why he will not give me the phone number or the address of the house.

Having "some guy" calling me and telling me he is a lawyer is not the same as having my lawyer call up a guy and having him verify the information for me.

I want to make sure the house does exist where he says it does and that it is not protected in anyway.

Also I was unable to find the house on google street view. This does not mean much as well they could have missed it but it does make me wonder. The town is not that big at all.

Can I prove that this is a scam? No I can not and the reason why is because I have no information that is useful other than the name of the town and some photos.

I am extremely disappointed as I was seriously interested in the house/auction. I also had some one willing and able to visit the location to see if the house was in good condition.

I will request the OP be labeled a scammer and banned for trolling if he is unwilling or able to provide the basic information needed to auction a house.

I am said to say I have wasted a significant number of hours try to make this work

Please everyone be very careful. If someone does buy this please use escrow and please let me help you write the escrow contract.

Thanks.

Please read http://www.streifler.de/steps-to-take-when-buying-real-estate-in-germany-_2897.html (random source).

"How long will it take until I own the house / the flat?

Several weeks (even months) can pass from the time of signing the notary deed until receiving the land title register confirmation. However, this has no bearing on when you can take over the house as your own. Normally, the purchase can take possession the moment the purchase price is paid in full to the seller. That date is agreed upon in the purchase deed. During this time your interests in the property are protected by a priority notice of conveyance (“Auflassungsvormerkung”)."

It is standard procedure in Germany to only pay after the "Auflassungsvormerkung" has been established. It would be foolish not to do this, especially in a case like this. The "Auflassungsvormerkung" is done with local authorities who check identities, so only the rightful owner can sell property. That's pretty much the gist of it. High level of protection, all the escrow talk seems irrelevant to me if you stick to standard procedures.

OP will most likely (have to) agree on this procedure if he wants to make this sale happen.

Will his being in Canada matter? Will his girl friend have to fly to Germany to sell it?

[VeeMiner]

still only 44 BTC for the house?

[El Cabron]

still only 44 BTC for the house?

Yes, Some of us are trying to get some basic information however before we bid.

There is real interest in the house.

[yossarian]

Sadly I have to report that I highly suspect this to be a scam.

OP has said he will provide the address of the house and the phone number of his attorney in his personal communications with me.

When this information was requested it was not sent. After a few more tries he finally said that he would "have his attorney call me tomorrow morning". Still no explanation as to why he will not give me the phone number or the address of the house.

Having "some guy" calling me and telling me he is a lawyer is not the same as having my lawyer call up a guy and having him verify the information for me.

I want to make sure the house does exist where he says it does and that it is not protected in anyway.

Also I was unable to find the house on google street view. This does not mean much as well they could have missed it but it does make me wonder. The town is not that big at all.

Can I prove that this is a scam? No I can not and the reason why is because I have no information that is useful other than the name of the town and some photos.

I am extremely disappointed as I was seriously interested in the house/auction. I also had some one willing and able to visit the location to see if the house was in good condition.

I will request the OP be labeled a scammer and banned for trolling if he is unwilling or able to provide the basic information needed to auction a house.

I am said to say I have wasted a significant number of hours try to make this work

Please everyone be very careful. If someone does buy this please use escrow and please let me help you write the escrow contract.

Thanks.

Please read http://www.streifler.de/steps-to-take-when-buying-real-estate-in-germany-_2897.html (random source).

"How long will it take until I own the house / the flat?

Several weeks (even months) can pass from the time of signing the notary deed until receiving the land title register confirmation. However, this has no bearing on when you can take over the house as your own. Normally, the purchase can take possession the moment the purchase price is paid in full to the seller. That date is agreed upon in the purchase deed. During this time your interests in the property are protected by a priority notice of conveyance (“Auflassungsvormerkung”)."

It is standard procedure in Germany to only pay after the "Auflassungsvormerkung" has been established. It would be foolish not to do this, especially in a case like this. The "Auflassungsvormerkung" is done with local authorities who check identities, so only the rightful owner can sell property. That's pretty much the gist of it. High level of protection, all the escrow talk seems irrelevant to me if you stick to standard procedures.

OP will most likely (have to) agree on this procedure if he wants to make this sale happen.

Will his being in Canada matter? Will his girl friend have to fly to Germany to sell it?

No. He can send anybody (e.g. a lawyer) who presents the correct papers (which is a notarized power of attorney, "Vollmacht" in German). I'd strongly advise you to google some of the issues, the procedure of buying a house in Germany has been discussed by expats in depth.

[bitcoin_bob]

All I can say is: Oh my EFFING GOD!!!!! I wake up to find that this thread has been Hijacked AGAIN!

Mr Goat I only got up 15 mins ago as I was taking with china all night long, just because I don't live in a PC to answer your personal mails within moments of their sending, does not automatically mean I am a scammer. It means I have what is known as a life outside of the internet.

Girlfriend is furious, wanted to pull the auction and just sell it traditionally. I persuaded her that this is worth trying, but due to Mr Goats continued Hijacks she is now setting the reserve at 150BTC, because she feels that the price would be much higher by now if it were not for these Hijacks.

Sorry guys to change the rules but my rules were broken also when I asked this thread not be Hijacked and would be for bids only.


SO TO BE CLEAR THE RESERVE IS NOW SET AT 150BTC NO BIDS BELOW THIS.

AUCTION STILL FINISHES SATURDAY MIDNIGHT GMT

If it does not meet the reserve it will be sent to Ebay and people can bid on it there.

[batcoin]

Bidding 44.444 BTC.

importing bid from user miernik from previous auction thread. All bids must now be 45BTC or above.

...

Girlfriend is furious, wanted to pull the auction and just sell it traditionally. I persuaded her that this is worth trying, but due to Mr Goats continued Hijacks she is now setting the reserve at 150BTC, because she feels that the price would be much higher by now if it were not for these Hijacks.

Sorry guys to change the rules but my rules were broken also when I asked this thread not be Hijacked and would be for bids only.


SO TO BE CLEAR THE RESERVE IS NOW SET AT 150BTC NO BIDS BELOW THIS.

AUCTION STILL FINISHES SATURDAY MIDNIGHT GMT

If it does not meet the reserve it will be sent to Ebay and people can bid on it there.

bitcoin_bob,

I have been watching your two auction threads with interest, but just because someone else has come and polluted your thread doesn't mean he has driven potential bidders away. You did not post any price reserve information in your OPs and now you are changing the rules ex post facto. I was thinking of bidding on the house until I saw your previous post. This does not look good at all. I would say that miernik has a valid bid on your house. Are you now not going to honor the deal if his bid ends up being the highest one because of factors outside his control?

[bitcoin_bob]

just because someone else has come and polluted your thread doesn't mean he has driven potential bidders away.

Maybe yes, maybe no, but when someone posts in your thread 'I think this is a scam' chances are higher to the Yes factor. Which is totally unfair on my girlfriend to have to take a possible big financial loss simply because someone can't keep their opinions to themselves.

You did not post any price reserve information in your OPs and now you are changing the rules ex post facto.

Auction rules technically state no spamming of the post or I will completely abandon the auction. No one is willing to honour that rule, so am I supposed to (in the words of bateatus) open robe and present ass, simply because people only like the rules that suit them (IE getting a house for no reserve) and not the ones that suit me (Having the courtesy not to pollute my post again to give me fair chance to have a decent auction in peace?)

I was thinking of bidding on the house until I saw your previous post. This does not look good at all.

Which are the bones of it- your now pissed off because this isn't going the way you would have like it to and you would not care what happened on this thread if it meant there was an outside chance you would score the house for really really cheap. 

Are you now not going to honor the deal if his bid ends up being the highest one because of factors outside his control?

Actually I am changing the rules because of factors outside of MY control. People spamming my post.

Like it or lump it, these are the new rules. Feel free to take your frustrations out on the spammers of my post, especially those who decided to not once, but twice throw up accusations of scamming on them. As per the auction rules if this degrades into a discussion and does not stay an auction I reserve the right to just pull it in it's entirety. If you want to discuss there is a perfectly good thread here:

https://bitcointalk.org/index.php?topic=196368.0 for all of this where I would be happy to talk about it until the cows come home.

[bitcoin_bob]

Is the house in ichstedt at Schulstraße / Hauptstraße ?

I would offer myself as a escrow for this auction. I live in Germany and I speak german native. So I could check everything with the contract and the lawyer / notary

Thanks for the offer.

PM sent with the lawyers and notaries details.

[papaminer]

im confused with the subject..


BOBs the FAMOUS

or

FAMOUS HOUSE IN GERMANY AUCTION

[Hiroaki]

im confused with the subject..


BOBs the FAMOUS

or

FAMOUS HOUSE IN GERMANY AUCTION

Bob, the guy who is famous for his house auction...

or thinks he is famous 

[bitcoin_bob]

im confused with the subject..


BOBs the FAMOUS

or

FAMOUS HOUSE IN GERMANY AUCTION

Bob, the guy who is famous for his house auction...

or thinks he is famous 

British humour comes with something we call 'tongue in cheek' sarcasm. The title was suppose to be a joke reference to the fact that my previous auction attracted a gazillion spam posts, oddly enough, like the one you have posted now. Please don't spam my auction as requested in the auction rules.

[batcoin]

If you want to discuss there is a perfectly good thread here:

https://bitcointalk.org/index.php?topic=196368.0 for all of this where I would be happy to talk about it until the cows come home.

Very well. My intention wasn't to crap up your thread but rather to post a legitimate concern. My reply is here.

[baloo_kiev]

...OP has said he will provide the address of the house...

...address of the house...

...the house does exist where...

...unable to find the house on google street view...

Read no thread @ start yelling "Scam!"

It's here https://bitcointalk.org/index.php?topic=196368.msg2061306#msg2061306

It took me 10 minutes to find. You haven't even tried to.

I can see now why you're in top ten most-posting users. I guess that's because you don't waste your time to read before posting.

[Welsh]

No matter what, people are always going to warn people that this might be a scam, but I saw your reply and gave a very good explanation in using lawyers in order to sign papers etc.

So there should be no problem.

[bitcoin_bob]

OK so we just passed the less than 24 hours to go mark.


Let me take this chance to remind people that escrow is accepted, the property is 100% free and clear freehold and water, electric and gas connections are present.

Photos of the property here;



There is a interactive map on immobilienscout which allows you to see local shops, hospital,s schools etc

[url]http://www.immobilienscout24.de/wohnen/thueringen,kyffhaeuserkreis,ichstedt/umgebungskarte.html][http://postimg.org/my.php?gallery=2zbidwy2/url]

There is a interactive map on immobilienscout which allows you to see local shops, hospital,s schools etc

[url]http://www.immobilienscout24.de/wohnen/thueringen,kyffhaeuserkreis,ichstedt/umgebungskarte.html

Remember this house is a pretty, half timbered house in a traditional German style called 'Fachwerkhaus' A half timbered house built in the 1830s.

This can be read about here;

http://de.wikipedia.org/wiki/Fachwerkhaus

and here in english;

http://www.fachwerkhaus-kaufen.de/

I have found some comparative houses in the local market in this style;

for instance http://www.immobilienscout24.de/expose/65746689 (40,000 euros)

http://www.fachwerkhaus-kaufen.de/index.php/fachwerkboerse/fachwerkhaus-suchen/all

Local estate agent told us it would sell in the local market quite quickly (3-4 months) for circa 25,000 euros.

That at todays rate is 277BTC.......

As discussed previously the reserve is set at 150 which is just over half the value. This is a great chance for you to turn those bitcoins into something useful for yourself, and if you win, see you on the other side tomorrow!

[El Cabron]

...OP has said he will provide the address of the house...

...address of the house...

...the house does exist where...

...unable to find the house on google street view...

Read no thread @ start yelling "Scam!"

It's here https://bitcointalk.org/index.php?topic=196368.msg2061306#msg2061306

It took me 10 minutes to find. You haven't even tried to.

I can see now why you're in top ten most-posting users. I guess that's because you don't waste your time to read before posting.

I found the location of the house but not an address. I can hardly send my lawyer a map and say "this one" and then have my lawyer call up his lawyer and try to describe the map and see if its legit.

It is moot anyway as the OP refuses to either give me the address or let me talk to his lawyer until after the auction is over.

I could understand you are thinking this but I also said, you can call the lawyer... 

...if you dont trust, call the lawyer, see it is true, and then make apologies on the forum.

i took out unrelated insults and ramblings but he has told me i am able to call the lawyer and have been trying to do so for days.

It is very unprofessional to try and auction a house with out giving an address or a contact with the lawyer.

I highly suspect this is a scam.

[baloo_kiev]

I found the location of the house but not an address.

Schulstraße 200, 06556 Ichstedt. It's typed on the left from the map, on the same page where the link points, just one click away from the forums. You may also want to make 2 more clicks (on the map) to find out that the two houses next to it are numbers 199 and 202.

[El Cabron]

I found the location of the house but not an address.

Schulstraße 200, 06556 Ichstedt. It's typed on the left from the map, on the same page where the link points, just one click away from the forums. You may also want to make 2 more clicks (on the map) to find out that the two houses next to it are numbers 199 and 202.

It would be nice if the op can confirm this to be correct. Had he done so a week ago things would have gone so much better.

[baloo_kiev]

It would be nice if the op can confirm this to be correct. Had he done so a week ago things would have gone so much better.

Here I must agree. Generally, the mistake was setting only a week time limit for the auction. It's not normal to buy a house without even seeing it IRL and without having anough time to make a decision. It's OK only if you buy it a few times cheaper than the market price.
However, I think 'scam' is not the right word here. If one places a bet, the only thing he might lose is his time. Nobody is going to transfer BTC before the agreement is signed anyway.

[Fabrizio89]

Photos of the property here;

Link doesn't work.

[El Cabron]

It would be nice if the op can confirm this to be correct. Had he done so a week ago things would have gone so much better.

Here I must agree. Generally, the mistake was setting only a week time limit for the auction. It's not normal to buy a house without even seeing it IRL and without having anough time to make a decision. It's OK only if you buy it a few times cheaper than the market price.
However, I think 'scam' is not the right word here. If one places a bet, the only thing he might lose is his time. Nobody is going to transfer BTC before the agreement is signed anyway.

At this point, after having the address and looking into the guy and the house his story seems to check out. He just has no clue how to run a BTC auction and I think the price reflects that. Next time be open about the address and be willing to give the information you claim you will give.

Anyway I am now comfortable enough to finally place a bid after all that hard work.

50 BTC.

[bitcoin_bob]

It would be nice if the op can confirm this to be correct. Had he done so a week ago things would have gone so much better.

Here I must agree. Generally, the mistake was setting only a week time limit for the auction. It's not normal to buy a house without even seeing it IRL and without having anough time to make a decision. It's OK only if you buy it a few times cheaper than the market price.
However, I think 'scam' is not the right word here. If one places a bet, the only thing he might lose is his time. Nobody is going to transfer BTC before the agreement is signed anyway.

At this point, after having the address and looking into the guy and the house his story seems to check out. He just has no clue how to run a BTC auction and I think the price reflects that. Next time be open about the address and be willing to give the information you claim you will give.

Anyway I am now comfortable enough to finally place a bid after all that hard work.

50 BTC.

Reserve is 150 your bid is not accepted.

Best of luck!

[El Cabron]

It would be nice if the op can confirm this to be correct. Had he done so a week ago things would have gone so much better.

Here I must agree. Generally, the mistake was setting only a week time limit for the auction. It's not normal to buy a house without even seeing it IRL and without having anough time to make a decision. It's OK only if you buy it a few times cheaper than the market price.
However, I think 'scam' is not the right word here. If one places a bet, the only thing he might lose is his time. Nobody is going to transfer BTC before the agreement is signed anyway.

At this point, after having the address and looking into the guy and the house his story seems to check out. He just has no clue how to run a BTC auction and I think the price reflects that. Next time be open about the address and be willing to give the information you claim you will give.

Anyway I am now comfortable enough to finally place a bid after all that hard work.

50 BTC.

Reserve is 150 your bid is not accepted.

Best of luck!

Shocking!

I assume you will still accept the 44.444 bid as it was made before you changed the rules correct?

[bitcoin_bob]

Hi guys,

just to warn everyone that user 'Chaang Noi' (who I lovingly refer to as Mr. Goat) is obviously attempting maneuvers to sabotage this auction.

I have given detailed reasons here:

https://bitcointalk.org/index.php?topic=196368.new#new

I also want to point out that he is BANNED from bidding on this auction. Any post or offer made by him is invalid. I am glad he has however managed to 'confirm' that the property is indeed for sale and that we are the owners. That should give some new confidence to people for bidding.

I again ask that any non bid discussions be sent to the above thread in order to allow my auction to continue in peace.

Many thanks

B

[Binford 6100]

60 btc

yes I've seen the reserve 'update' of the rules
nevertheless even ebay allows bidding below reserve

[El Cabron]

Hi guys,

just to warn everyone that user 'Chaang Noi' (who I lovingly refer to as Mr. Goat) is obviously attempting maneuvers to sabotage this auction.

I have given detailed reasons here:

https://bitcointalk.org/index.php?topic=196368.new#new

I also want to point out that he is BANNED from bidding on this auction. Any post or offer made by him is invalid. I am glad he has however managed to 'confirm' that the property is indeed for sale and that we are the owners. That should give some new confidence to people for bidding.

I again ask that any non bid discussions be sent to the above thread in order to allow my auction to continue in peace.

Many thanks

B

I was not able to confirm you are the owners or that you have the right to sell the property. I was only able to confirm the address of the house in the photo and thus was able to get a rough value for the house you claim to have.

Please do not lie.

Mr. Goat

[bitcoin_bob]

60 btc

yes I've seen the reserve 'update' of the rules
nevertheless even ebay allows bidding below reserve

fair point, no argument. Feel free to bid below the reserve, but bear in mind that under the circumstances, its down to my Girlfriend to have the final say under 150. Bids over 150 (except those from anyone I have banned, or from anyone labeled a scammer) will automatically be accepted no questions.

[bitcoin_bob]

OK.....so we are on the final hurdle of this chapter of this auction.

So far.....we have a bid at 60BTC from Binford 6100 which is well received but the reserve has been set at 150 (for reasons which have been made clear).

Throw one in for 150 and you have my attention. If someone offers 150BTC before Midnight, GMT tonight, it will be taken.

Be part of history with the first bitcoin house sale- I believe that although there are many houses offered for sale with bitcoin taken, no one has yet sold a house in virtual currency anywhere. So we could make history.

Thank you to all for standing by me, lets see what the next couple of hours bring.

[bitcoin_bob]

half an hour to go.....

[Viceroy]

timing is bad for Americans, late afternoon to dinnertime on a Saturday.  I cannot commit without more info that I cannot obtain in 20 minutes.   run it again, boss...

[bitcoin_bob]

timing is bad for Americans, late afternoon to dinnertime on a Saturday.  I cannot commit without more info that I cannot obtain in 20 minutes.   run it again, boss...

That may happen if it does not meet reserve. I was not expecting Americans as a target audience to be fair. Target was UK ex pats who love buying piles of stone in random places in Europe......

[bitcoin_bob]

less than 10 mins to go.

[bitcoin_bob]

less than 5 mins to go.

[bitcoin_bob]

60 seconds and I am locking the thread.

[bitcoin_bob]

HOUSE DID NOT SELL.

LOCKED.

Will rethink and list again.

All discussions related to this and the planned next auction will be discussed here

https://bitcointalk.org/index.php?topic=196368

[bitcoin_bob]

i also can´t see what the current bid is? how should I give up a bid without knowing who is ahead at the moment?

I think my threads became a bit of a mess

Well the house is still for auction. Any takers?

[El Cabron]

i also can´t see what the current bid is? how should I give up a bid without knowing who is ahead at the moment?

I think my threads became a bit of a mess

Well the house is still for auction. Any takers?

starting bid is $1?

[lebing]

i also can´t see what the current bid is? how should I give up a bid without knowing who is ahead at the moment?

I think my threads became a bit of a mess

Well the house is still for auction. Any takers?

starting bid is $1?

indeed, what is starting bid?

[bitcoin_bob]

i also can´t see what the current bid is? how should I give up a bid without knowing who is ahead at the moment?

I think my threads became a bit of a mess

Well the house is still for auction. Any takers?

starting bid is $1?

indeed, what is starting bid?

the last bid was 25btc

[El Cabron]

i also can´t see what the current bid is? how should I give up a bid without knowing who is ahead at the moment?

I think my threads became a bit of a mess

Well the house is still for auction. Any takers?

starting bid is $1?

indeed, what is starting bid?

the last bid was 25btc

how much was a btc worth back then? $100?


honestly if that 25 btc is valid you should take it an run!  i highly doubt you will get better.

[bitcoin_bob]

i also can´t see what the current bid is? how should I give up a bid without knowing who is ahead at the moment?

I think my threads became a bit of a mess

Well the house is still for auction. Any takers?

starting bid is $1?

indeed, what is starting bid?

the last bid was 25btc

how much was a btc worth back then? $100?


honestly if that 25 btc is valid you should take it an run!  i highly doubt you will get better.

and tomorrow a BTC could fall  to $1, or anything could happen in the several months the property takes to transfer......the spirit is supposed to be not comparing a bitcoin to fiat currency or might as well just auction a property in dollars/euros etc right, or basically admitting that bitcoin has no use as a currency!

[El Cabron]

Why not just take the current bid of 25?

Its more than reasonable.

[Inedible]

Why not just take the current bid of 25?

Its more than reasonable.

It was significantly more valuable yesterday.

[El Cabron]

Why not just take the current bid of 25?

Its more than reasonable.

It was significantly more valuable yesterday.

Yes. But even at todays rates he wont get 5.

[qwk]

i also can´t see what the current bid is? how should I give up a bid without knowing who is ahead at the moment?

I think my threads became a bit of a mess
Well the house is still for auction. Any takers?

starting bid is $1?

indeed, what is starting bid?

the last bid was 25btc

how much was a btc worth back then? $100?
honestly if that 25 btc is valid you should take it an run!  i highly doubt you will get better.

Well, 25 BTC is definitely way overpriced for that house. So, yes, he should seriously take it and run.
Actually, given the condition and the location of the house, I consider it having a negative value on the real estate market.

[El Cabron]

i also can´t see what the current bid is? how should I give up a bid without knowing who is ahead at the moment?

I think my threads became a bit of a mess
Well the house is still for auction. Any takers?

starting bid is $1?

indeed, what is starting bid?

the last bid was 25btc

how much was a btc worth back then? $100?
honestly if that 25 btc is valid you should take it an run!  i highly doubt you will get better.

Well, 25 BTC is definitely way overpriced for that house. So, yes, he should seriously take it and run.
Actually, given the condition and the location of the house, I consider it having a negative value on the real estate market.

If you put in a bid of -25 BTC it would be the only ligit bid so far 

[qwk]

Well, 25 BTC is definitely way overpriced for that house. So, yes, he should seriously take it and run.
Actually, given the condition and the location of the house, I consider it having a negative value on the real estate market.

If you put in a bid of -25 BTC it would be the only ligit bid so far 

Unfortunately, though, I wouldn't even touch that house for -50