Buy Property

Bitcoin and Altcoin Forum
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jacob3
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Joined: April 15th, 2018, 11:59 pm

You can buy property in Venice, Italy with bitcoin
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Liam.
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Joined: April 16th, 2018, 12:04 am

Someone bought a house with crypto in New Hampshire recently. NeoCash podcast interviewed the real estate agent.
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Crack
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Joined: April 16th, 2018, 12:15 am

How does that work with all the legal paperwork required to buy property?
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Brain.
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Joined: April 16th, 2018, 12:18 am

Seconded. Curious dog here
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Crack
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Crack wrote: ↑April 16th, 2018, 12:22 am How does that work with all the legal paperwork required to buy property?
Smartlands is working on building a legal framework for different countries to do Asset Backed Tokens. Basically you have an asset and they put it into escrow and issue tokens for it.

The legal work is the toughest part, but it is a strategic advantage having it completed. Check out Smartlands.
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Brain.
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Crack wrote: ↑April 16th, 2018, 12:22 am How does that work with all the legal paperwork required to buy property?
I've owned some STL for a long time now
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Crack
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Liam. wrote: ↑April 16th, 2018, 12:22 am Someone bought a house with crypto in New Hampshire recently. NeoCash podcast interviewed the real estate agent.
Do you have a link?
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jacob3
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Brain. wrote: ↑April 16th, 2018, 12:23 am Seconded. Curious dog here
Hopefully it's just an escrow. Worst case it's some dude's address and it's a fake storefront. Once it's in escrow, they get payoffs on the liens, and clear them. Honestly, it's not even a transaction without a purchase agreement. You could be buying it with liens. Terrible idea.
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