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Question: Best method / escrow service for selling real property
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Author Topic: WTS - Income Property 5plex, what is the best method  (Read 662 times)
slu2 (OP)
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June 25, 2014, 05:30:32 AM
 #1

I have a property that is worth about 200k.   I want to sell it, and I will accept somewhere between 160K and 200K for it.

What is the best way to sell this?

Questions;

Can I put a reserve on my auction, or start the bid at a certain amount?   For example, "Bidding starts at 292 BTC"

What is the safest way for both the buyer and seller to make the transaction (see my poll)?

Have you ever sold real property or anything of significant value for crypto?  What was the results?

Ive put my heart and soul into this project.  It is a great income property making over $2000 per month gross.  Low overhead, high income, great tenants.  I just want to acquire more crypto and this is my best avenue.

Thanks in advance!

Multi-plex in Idaho for coin
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June 25, 2014, 05:38:24 AM
 #2

1) Yes you can

2) Get a lawyer

3) Get a lawyer

4) Get a lawyer.

Its all fun and games until it goes wrong.

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June 25, 2014, 05:40:24 AM
 #3

I have a property that is worth about 200k.   I want to sell it, and I will accept somewhere between 160K and 200K for it.

What is the best way to sell this?

Questions;

Can I put a reserve on my auction, or start the bid at a certain amount?   For example, "Bidding starts at 292 BTC"

What is the safest way for both the buyer and seller to make the transaction (see my poll)?

Have you ever sold real property or anything of significant value for crypto?  What was the results?

Ive put my heart and soul into this project.  It is a great income property making over $2000 per month gross.  Low overhead, high income, great tenants.  I just want to acquire more crypto and this is my best avenue.

Thanks in advance!

Most places wont recognize the sale of a property for crypto.  May have to sell for 1.00, plus bitcoin to cover the rest, to make it legal.
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June 25, 2014, 05:43:07 AM
 #4

Lawyer, check! 

Thanks for the tip on the fiat/crypto exchange, that sounds like it might save some headaches.

So putting a reserve on a Bitcointalk auction is doable it seems.

Multi-plex in Idaho for coin
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June 25, 2014, 05:53:57 AM
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Most places wont recognize the sale of a property for crypto.  May have to sell for 1.00, plus bitcoin to cover the rest, to make it legal.

This is accurate in Washington State where I have bought property for cryptos Smiley
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