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Author Topic: 1171 Erieview Cleveland Heights, OH.  (Read 706 times)
Nightowlace
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October 18, 2013, 05:04:47 PM
 #1

Home is currently for sale and this listing may be canceled if an offer is accepted outside of this forum.
Starting bid is 445 BTC.
Buy it now is 466 BTC.
All details can be seen here; http://www.zillow.com/homedetails/1171-Erieview-Rd-Cleveland-Heights-OH-44121/33653102_zpid/#
To view the home in person please PM me.
Thank you for looking.

Rules;
Bidding starts now and ends November 1, 2013 10am EST
Bid in 0.5 BTC increments
Closing costs will be split.
No extensions
20% deposit escrowed required to John K
Balance must be transferred at the time we sign closing documents.
If you are from overseas or can not travel arrangements can be made.
For those looking for an income property this house rents for $1,050 USD monthly.
I will help any buyer find a tenant, maintain the property, and will collect rent and convert it to BTC and send to you monthly if you want to use this for income property. We can work out a monthly maintenance fee.
Any questions feel free to ask.
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uvwvj
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October 18, 2013, 06:12:44 PM
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Property Taxes seem him to me, is property already listed as rental for tax purposes?
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October 18, 2013, 11:26:55 PM
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Property Taxes seem him to me, is property already listed as rental for tax purposes?

Property taxes are 3% annually. There is a $200 permit fee for rental. I don't believe there is an increase in taxes. The taxes assed for 2012 are higher because when I bought it from the auction 2012 taxes and all back taxes were paid.
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October 18, 2013, 11:27:29 PM
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It's an annual permit as well.
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October 19, 2013, 10:14:00 AM
 #5

Great to see a house being sold for BTC

On something this valuable curious why you choose not to link the price to the $ amount as small changes in BTC can make a huge difference in the cost and could put buyers off or cost you a lot of money.

Currently the starting bid is $10,000 more than it's advertised for no doubt due to the spike in the last day.

Anyway good luck with your sale Smiley

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October 19, 2013, 03:28:18 PM
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Great to see a house being sold for BTC

On something this valuable curious why you choose not to link the price to the $ amount as small changes in BTC can make a huge difference in the cost and could put buyers off or cost you a lot of money.

Currently the starting bid is $10,000 more than it's advertised for no doubt due to the spike in the last day.

Anyway good luck with your sale Smiley


Wow, I just looked at the price of BTC.
Moderator can you change my original listing to starting bid is $62,000 USD buy it now is $69,900 USD and that the final winning bid will be converted to BTC in the following manor; at the time of 20% deposit said amount will be converted to BTC value at that time. Remaining balance will be converted at the time it is received.
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October 22, 2013, 03:26:39 PM
 #7

So no bitnaires are looking for investment property huh?

New bidding structure based on BTC ever changing value.
Bidding starts at $62,000 USD
Buy it now is $69,900 USD
Bid in increments of $500
Conversion of USD to bitcoin will be done at time of 20% deposit and time of final payment based on coinbase rates.
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October 24, 2013, 07:32:34 AM
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I think we would like some photos of this establishment and an inspection before anyone makes a serious bid.
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October 25, 2013, 07:00:43 PM
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I think we would like some photos of this establishment and an inspection before anyone makes a serious bid.

Maybe you should follow the link in the original post which takes you to the Zillow page that has photos and all the info. Also for future reference all home sales include an inspection and appraisal of the property.
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