AzbillProperties (OP)
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March 30, 2014, 04:25:51 AM |
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Hi all,
If anyone has used Bitcoin to purchase real estate I would love to hear about your experience.
Obviously it is easy to use Bitcoin when dealing directly with a seller who owns the property free and clear. However, I have not been able to find a title company who is willing to take Bitcoin directly, without first converting it to cash.
Any experiences would be greatly appreciated.
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kathmandu34
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From the Place of Mount Everest & Buddha
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March 30, 2014, 06:36:37 AM |
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Till now I don't think we have some real states accepting bitcoins but there are few in news about villas were been sold in bitcoins. You can get few more information's on these at at Coin Desk
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BitcoinAwesomeMan
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March 30, 2014, 07:28:04 AM |
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I think there was a few properties for sale in BTC, but not sure if one was sold
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azguard
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March 30, 2014, 08:04:36 PM |
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There was tread in this forum that some1 was offering houses 4 BTC. Never did actually read or heard that some1 sold real estate 4 BTC
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trynmpo
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March 30, 2014, 08:32:17 PM |
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Previously i saw some posts about RE for BTC .. But that time bitcoin hits 1k+ mark but now in 3 months it lose badly ... So in my opinion for now no one willing to sell his/her property for btc ...
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TheButterZone
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RIP Mommy
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March 30, 2014, 11:00:22 PM |
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As long as the market price is artificially devalued by morons irrationally fearing the government, it's a great time to accept BTC for real estate. However, spending BTC on RE estate, if the BTC cost you more to acquire than the current market price, isn't a great idea. USD/BTC=$1000? $500,000 property floats to 500 BTCUSD/BTC= ? $500,000 property floats to
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Saying that you don't trust someone because of their behavior is completely valid.
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azguard
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March 31, 2014, 04:58:44 AM |
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There are some sites in Australia n UK that accepted BTC for real estate. My family friend told in mail that some friend of theres in Australia buy garage for car for BTC
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HCLivess
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=== NODE IS OK! ==
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March 31, 2014, 08:50:36 AM |
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They sell some houses in Prague if anyone is interested.
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zolace
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March 31, 2014, 10:50:25 AM |
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I believe one should be careful buying real estate and have a lawyer because there is alot of scams out there, selling real estate that is not truly belonging to the person who is scamming.
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Welsh
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March 31, 2014, 01:16:05 PM |
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As long as the right precautions and it's handled in the right way by both parties there is nothing to worry about, many people have done it publicly and I'm pretty sure a lot of people would of done it privately. Although, selling real estates is difficult with Bitcoin because people expect to pay less because of the potential Bitcoin has to double, triple or more in the future. If you can work out a deal and you understand the problems which you could face then it's a good idea to expand your business into the Bitcoin world, however if you want a sucessful business you might want to be as transparent as possible before people start asking questions.
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shuaigejc
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March 31, 2014, 01:35:35 PM Last edit: April 11, 2014, 12:45:14 PM by shuaigejc |
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Most countries have not accepted Bitcoins, some countries can buy property Bitcoin but only a few.
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hjdt4fd1
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March 31, 2014, 01:44:17 PM |
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This requires national recognition Bitcoin, of course, but rarely acknowledged that some countries used to buy listing.
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CryptoREI
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March 31, 2014, 01:59:16 PM |
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To sell a piece of property all you need is Valuable Consideration, you can sell the house for 500BTC and 1 dollar the dollar being the valuable consideration. Now closing cost and other fee's are all up to the service provider if the want to take them or not.
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quicksalehelp.com
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waldox
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March 31, 2014, 05:43:52 PM |
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I Heard in the states
if you buy property without fiat (using gold for example) you dont have to pay property taxes or something like that
if thats true, then bitcoin could be a saviour
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CryptoREI
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March 31, 2014, 05:47:25 PM |
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I Heard in the states
if you buy property without fiat (using gold for example) you dont have to pay property taxes or something like that
if thats true, then bitcoin could be a saviour
Not true... The local gov always wants property taxes. Most property is taxed at the city/county level.
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quicksalehelp.com
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durrrr
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March 31, 2014, 06:32:32 PM |
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i have seen a few homes up for sale on the bitcoin talk forums. some of them just land at a decent price or some of them are 500K$ condos in thailand rooftop ballin place its crazy
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