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Author Topic: Buy a house with bitcoin!  (Read 1903 times)
tw79 (OP)
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April 11, 2015, 11:19:26 AM
 #21

Stone accents are being put in place: http://timweitzel.net/house/?p=96
BTC Holdings increase: http://timweitzel.net/house/?p=92
Daniel91
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April 11, 2015, 12:24:12 PM
 #22

WOW if you can buy a house with your bitcoin earnings, this is really something amazing Smiley
I guess some people was lucky to join this opportunity very early, as first users, and could collect some good amount of bitcoin almost free, and now they are very rich.
Wish I could have such luck.

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Ayle56
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April 11, 2015, 03:14:37 PM
Last edit: January 02, 2016, 10:36:39 AM by Ayle56
 #23

Just so everyone is clear, the point is not to pay for the house completely with BTC, rather to reduce the duration of the mortgage and to save on interest. Both my wife and I work, and our combined incomes allow for the regular, monthly mortgage payments. My goal is to reduce the duration of the mortgage from 30 years to 15 years, and to save over $100,000 in interest. If I am able to reach, and sustain, my goal of 5 BTC each month, that extra payment will allow me to reach the mortgage goals.

Thank you to everyone who showed interest. I hope this catches on and proves that BTC CAN be used for something in the real world.

I wondered. title says buy a house with btc

The title should say reduce the duration of a mortgage with bitcoin.

I heard about one house someone bought for bitcoin in South America, and there's a bitcointalk thread started by someone who sold a house in North America. Its very rare you hear about a whole house paid for with bitcoin though.
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