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Author Topic: Buying a house with BTC  (Read 1715 times)
bitcoinbrokeragegroup1
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March 26, 2018, 04:53:09 PM
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Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.

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March 26, 2018, 05:00:44 PM
 #2

Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.
That is true, what is more you can buy cars and everything if you only have a person who can make this transaction possible. In future imagine that even shops could work like that... it would be awesome to see such a situation.



























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March 26, 2018, 05:04:38 PM
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Some time ago this happen here few members offer house sell for bitcoins and now we have some big companies also working on this as they are going to accept bitcoin as payment method I read in Dubai one already accepting this which is very good news hopefully we have some more big whales in future as they are going to accept bitcoin for houses because we already can do many buying's with this so this could be good way for spreading this around the world
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March 26, 2018, 05:21:51 PM
 #4

It is never impossible to acquire house through bitcoin. If you can see how this crypto helps a lot of people to be rich and that would definitely change your life too. Even other luxuries you can also buy. This is life changing and we could even possibly use literally bitcoin for payment if time comes.

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March 26, 2018, 05:28:40 PM
 #5

The transaction tool is not about 'money' but depend on deal buyer and seller. If they have a deal the payment with bitcoin it's not metter, because the seller believe bitcoin is worth. This case no one can be able to intervation and prevent for refuse that transaction even more the government. You know what? in ancient times the human didn't know about money but they just know the transaction tool is worth. For me, if the people more and more came in cryptocurrency and they use cryptocurrency for payment tool then will be happen is payment tool in this world will use cryptocurrency.

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March 26, 2018, 05:29:10 PM
 #6

well, it sounds good but I do not think it will happen in the near future, maybe 5 or 10 years from now, because crypto is still unacceptable all over the world but it will definitely be accepted in the end, because nothing can prevent technology.
but I really support it.

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March 26, 2018, 05:36:32 PM
 #7

Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.
I think buying a house using BTC is not only done by individuals (people who buy and people who sell) ...

you can buy a house through a company or government as well .. I've discussed this in another discussion thread ... and if you want to read the story you can click on this link You can now buy a house in Britain using the cryptocurrency Bitcoin ... although this is news that can be said for a long time but if you live in this country and you plan to use bitcoin to buy it you can read it in the link. .. (but here only explains where and companies sell property with bitcoin)

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March 26, 2018, 05:46:13 PM
 #8

All you need is a buyer, and a government to support such a deal, because at the end you are going to sign on a house transfer contract, and you won't be able to tell your government that you bought your house with cash.
If your government supports bitcoin, you would probably need to tell them where did you get all those bitcoins from and also to pay taxes for the whole amount that you earned, not only that, you will probably find yourself paying more for the house.
Bitcoin is not for house transfers yet.

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March 26, 2018, 05:50:13 PM
 #9

When you have saved a lot from bitcoins, I think it is a good idea to buy house and properties. Surely they are the most wonderful investment you can make out of your earned money instead of letting it all stay within the blockchain and  be unfortunate to get them all back. It is wise to leave some but never leave it all there.
And when it comes to payment processes, it will be depending on the seller too. If the seller wants it in fiat then do not force to pay bitcoins because it will be your fault if the seller is forced to accept a currency that he or she is unfamiliar with and the amount of bitcoins deceased in value.
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March 26, 2018, 06:17:34 PM
 #10

Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.

Some countries though, but some may not be familiar with accepting BTC as a payment. I am fine paying with fiat money if I want a to buy a house unless there is some benefit in buying one using BTC? Well is there? Especially when the buyer and the seller is at the same country and at the same place, wouldn't it be good just to buy the asset with paper money?
Or another reason is if the owner is not in area in he or she is selling the property using a real estate broker in that way the buyer will be be sending the BTC to him and maybe signing a contract with the guy he is trusting it with.

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March 26, 2018, 06:33:23 PM
 #11

We can definitely buy a property using cryptocurrency, there is a real estate listing website that fully accepts cryptocurrency. Take a look at this thread https://bitcointalk.org/index.php?topic=3088068.msg31851177



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March 26, 2018, 06:38:49 PM
 #12

This question doesn't have a straight forward answer.

It will all depend on the country, crypto rules, real estate rules and tax rules for that specific country.

It may be possible somewhere but it's still harder than buying with fiat.
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March 26, 2018, 06:42:58 PM
 #13

If there's an interest in doing a financial transaction and somebody makes money off of it--they'll find a way to make it happen, and if there's growing interest in paying for houses with bitcoin, it'll happen.  Real estate agents, mortgage companies, and banks will figure out a way to make it happen.  It just doesn't seem to be very popular (or necessary) yet.  At least I haven't read much about it other than a few threads here, and I don't think I ever saw anyone complete a deal.

Wish there was a good way to pay rent using bitcoin.  Does anyone know of a bitcoin--->fiat converter, sort of like BitPay, that landlords could use?

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March 26, 2018, 06:48:28 PM
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Basically it is just like you say, easy. But I doubt that it is going to be possible in every country in every concrete case. Here in Serbia nothing is happening without an agency, normally if you wish to everything would be legal and all papers would be done carefully.
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March 26, 2018, 07:12:30 PM
 #15

For Japan and Dutch, this transaction may be done like all fiat money, while in my country bitcoin transactions cannot be done even though both parties have agreed to use bitcoin as a means of transaction, because the government in my country will take firm action against the seller of the house because he considered having adopted bitcoin.

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March 26, 2018, 07:12:36 PM
 #16

well, it sounds good but I do not think it will happen in the near future, maybe 5 or 10 years from now, because crypto is still unacceptable all over the world but it will definitely be accepted in the end, because nothing can prevent technology.
but I really support it.

You can buy a house with paintings of David Hasselhoff if the buyer is willing to accept them. Bitcoin would be no different. It's an exchange of something of value for another thing of value.

The only sticky bit might be taxes depending on where you live. You might have to sell quite a bit of BTC elsewhere to cover that.

There've also been cases of buyers putting sellers in touch with Bitpay which effectively means the seller isn't accepting BTC anyway. They get a payout in their local currency. With a bit of persuasion it's a lot more possible than it first appears.


For Japan and Dutch, this transaction may be done like all fiat money, while in my country bitcoin transactions cannot be done even though both parties have agreed to use bitcoin as a means of transaction, because the government in my country will take firm action against the seller of the house because he considered having adopted bitcoin.

Where do you live? There are very, very few countries where that would happen.

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March 26, 2018, 07:25:31 PM
 #17

We can definitely buy a property using cryptocurrency, there is a real estate listing website that fully accepts cryptocurrency. Take a look at this thread https://bitcointalk.org/index.php?topic=3088068.msg31851177
Look carefully at the page of the site. Prices of all houses are shown in dollars. Formally, the sale of these houses takes place for dollars. Perhaps the company takes into account bitcoin from the buyer and pays the seller from his account dollars. Agree with me that this can not be regarded as real estate trading for bitcoin. I am sure that the registration of real estate also takes place in dollars.
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March 26, 2018, 07:37:26 PM
 #18

It has been proved that it is possible. Recently there were sales of condos in Dubai and New York for bitcoins. People are slowly recognising bitcoin as a mean of payment
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March 26, 2018, 07:50:42 PM
 #19

I think I've heard of such a case. But regardless if the seller is willing to take it then I don't see why you wouldn't.
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March 26, 2018, 08:06:07 PM
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Buting property using bitcoin is good.Transaction works like an all-cash purchase,but instead of using bank accounts, the buyer transfers bitcoins to the seller’s digital wallet,which takes about 15 minutes.
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