Buying Real Estate with BITCOIN, is it possible? What is BITCOIN? BITCOIN is a Cryptocurrency(Encrypted), which is Transferred from Peer to Peer. The Block-Chain is where BITCOIN travel through. Once you Transfer your BITCOIN to another BITCOIN user it can't be returned, unless the receiving party is willing to grant a refund. In the scenario of using BITCOIN as a method of Payment for Real Estate, it's possible. However there are some Risk: BITCOIN fluctuate in Value, It's possible to send to the wrong BITCOIN user's Wallet, Fraud, Money Laundering, etc.
If you are willing to accept BITCOIN from a Buyer of your Property, Do your Due Diligence. BITCOIN will be an Alternative on how People Purchase Real Estate. In 2010 One BITCOIN was Worth $.08, Today it's Value is $6,330 for One BITCOIN. In December of 2017 BITCOIN almost reached $20,000 per BITCOIN. Seller's beware of how BITCOIN Value fluctuate without notice. My suggestion if you are accepting BITCOIN for the purchase of your Propety, 70%+ Cash minimum, and the remaining BITCOIN.
If you are someone you know are in the Market of Buying or Selling a Home in San Diego County, California:
Call 1st Prime Realty
Don Alexander Real Estate Broker
1st Prime Realty
CA D.R.E Lic.01456248