If someone is interested in buying a house in Switzerland, check https://bithome.ch/.
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Topic: Buy real estate with Crypto (Read 402 times)
It's very interesting that I think we can use cryptocurrency
Instead of money like we use money in bank account
Instead of money like we use money in bank account
The well Known Crypto Like Bitcoin, Ethereum, Ripple, Neo, Dash can be used to buy real estate. There are some property dealers that can make a deal in Crypto.
I know i can find certain proposals on google, but has anyone seen this service actually working, what are the steps and service quality?
I think there is no real estate that accept payment with cryptocurrency. Because I think it needs approval from the government official letter from the government if a country cryptocurrency is considered illegal then it will not be able toOur notaries already closed crypto real estate deals in Switzerland and Italy.
I know i can find certain proposals on google, but has anyone seen this service actually working, what are the steps and service quality?
I think there is no real estate that accept payment with cryptocurrency. Because I think it needs approval from the government official letter from the government if a country cryptocurrency is considered illegal then it will not be able to
There are a few new projects coming like Brickblock, Where u can buy tokens and your money will go in real investments in asstes.
Buying real estate with Crypto, an opinion I find a lot of immediate benefits to that,
... Since government does not recognize cryptos as legal tender, the agreement has to be made in national currency.
At least where I live that's not true. You can sell a house for potatoes if you want. But the taxes on the house need to be in fiat currency, so you still need some cash.
YES. That's how it works usually.
Today, listings from one coast to another tout bitcoin as a way to make a property transaction. A new collection of haute residences in Hollywood with Los Angeles skyline views go for $1.21 million or its bitcoin equivalent; in Washington, D.C., two-bedroom condos are on the market for between 36 and 84 bitcoins. In Austin, the seller of one ranch is offering a “signficant discount” if the buyer pays with bitcoin.
... Since government does not recognize cryptos as legal tender, the agreement has to be made in national currency.
At least where I live that's not true. You can sell a house for potatoes if you want. But the taxes on the house need to be in fiat currency, so you still need some cash.
I had never bought real estate with crypto. But one thing I know for sure is that you can buy anything with crypto as long as the seller or the dealer is ready to accept payment in such currency. But that would be actually quite difficult because you now that real estate includes many regulatory compliance and registration are also needed. Since government does not recognize cryptos as legal tender, the agreement has to be made in national currency.
There are many variables: your nationality, your residency, in which country you want buy the property, is the seller accepting cryptos or do you have to change to fiat, just to mention the most important ones. Depending on them you can or you cannot make the deal.... not to mention fiscal and AML implications on such a transaction can vary wildly according to national law. So yes it is possible in most cases but you have to know how and adapt.
Yes, there are some real estate sales that are accepting bitcoins, but I would cross check their credentials and make sure that I am doing a safe and secure transaction while I am doing that.
Are there any third party notaries that do this? I know this kind of defeats the purpose..
If you're not keen on the extra step of converting to fiat and then doing it the "traditional way" then a place to start is with the agents already recognised by the government in UK like Go Homes Ltd in the UK. They've done quite a bit of sales and rentals direct with Bitcoin - any registered notary would be more than happy to facilitate the legal side of it (trust me, notaries will facilitate barters in cows and chickens if you want).
Have read about blockchain notaries like the one Microsoft is building for Office or even Notary Platform but... I know these are unlikely to stand in my country.
Yes, there are some real estate sales that are accepting bitcoins, but I would cross check their credentials and make sure that I am doing a safe and secure transaction while I am doing that.
Are there any third party notaries that do this? I know this kind of defeats the purpose..
Yes, there are some real estate sales that are accepting bitcoins, but I would cross check their credentials and make sure that I am doing a safe and secure transaction while I am doing that.
Nowadays some people are selling real state for crypto. As You can see some news online that some property is for sale for bitcoin. And there is a family in Europe sold their house for bitcoin and they are just travelling around the world. I'm sure in the future there will be a platform using blockchain technology that you can instantly find buyer and seller of real state for cryptocurrency payment. Digital currency is the future of payment system.
I have 2 commercial properties for sale ones farmland wetlands 20 acres and another used to be a successful bar and has solar. Willing to sell both for 180,000 properties assessed values are both combined 350,000. Just trying to liquidate them as soon as possible for btc. Deeds in hand ready for transfer face to face with notary and lawyer. Nothing owed on either property.
Software provider Ltd has developed a payment system RedChain, which allows you to pay for smth in ecommerce with crypto currency.
RedChain contains the Personal Cabinet, own exchanger, integration with crypto banks and crypto-exchanges, a payment plug-in for integration with ecommerce.
All operations are conducted within the framework of the law of the Russian Federation. The platform exchanges crypto currency for fiat money in the proper jurisdiction, so the merchant receives the rubles and the buyer checks for the purchase.
Buy estate in the Russian Federation!
RedChain contains the Personal Cabinet, own exchanger, integration with crypto banks and crypto-exchanges, a payment plug-in for integration with ecommerce.
All operations are conducted within the framework of the law of the Russian Federation. The platform exchanges crypto currency for fiat money in the proper jurisdiction, so the merchant receives the rubles and the buyer checks for the purchase.
Buy estate in the Russian Federation!
Just go to a place that sells property and search for bitcoin. Look at the example below over at LandWatch.
https://www.landwatch.com/default.aspx?ct=r&q=bitcoin
https://www.landwatch.com/default.aspx?ct=r&q=bitcoin
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