Author

Topic: Anyone used Bitcoin to purchase Real Estate? (Read 944 times)

sr. member
Activity: 434
Merit: 251
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
member
Activity: 84
Merit: 10
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.
sr. member
Activity: 252
Merit: 250
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

member
Activity: 84
Merit: 10
 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.
newbie
Activity: 28
Merit: 0
This requires national recognition Bitcoin, of course, but rarely acknowledged that some countries used to buy listing.
newbie
Activity: 28
Merit: 0
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 BTC
USD/BTC=http://silver.youmeandbtc.com/frombtc.php?value=1&eur=0&mbtc=0&exchange=Bitstamp&dec=8? $500,000 property floats to http://silver.youmeandbtc.com/tobtc.php?value=500000&eur=0&mbtc=0&exchange=Bitstamp&dec=8

Most countries have not accepted Bitcoins, some countries can buy property Bitcoin but only a few.
staff
Activity: 3304
Merit: 4115
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.
hero member
Activity: 742
Merit: 500

At least one person:

https://bitcointalksearch.org/topic/im-all-in-sold-my-house-508254

There are more but look around a bit further than the "Bitcoin Discussion" sub-forum pit-of-trolls.
sr. member
Activity: 364
Merit: 250
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.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
They sell some houses in Prague if anyone is interested.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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
legendary
Activity: 3038
Merit: 1032
RIP Mommy
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 BTC
USD/BTC=? $500,000 property floats to
sr. member
Activity: 322
Merit: 250
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 ...
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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
newbie
Activity: 21
Merit: 0
I think there was a few properties for sale in BTC, but not sure if one was sold
member
Activity: 112
Merit: 10
From the Place of Mount Everest & Buddha
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
newbie
Activity: 2
Merit: 0
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.
Jump to: