Has anyone used bitcoin to purchase real estate or sold real estate for bitcoin?
I have a property that I was thinking of putting up for sale and to only accept BTC.
Its a three double bed next to the new Chinese business quarter in London Docklands. Next to the Thames river and there is a new super fast train service that crosses London and we have a station nearby all of which is due for completion in the next year or so.
http://www.london.gov.uk/media/mayor-press-releases/2013/05/mayor-announces-1bn-deal-to-transform-royal-albert-dock-into
http://www.crossrail.co.uk/benefits/#
750 BTC. Just think that wouldn't have got you a pizza 2 years ago.
Using the funds to buy some bitcoin Neptune mining gear.
Wonder how the transaction would work.. If 60-day closing, price could change quite a bit after initial offer was accepted in bitcoins. Would have to be an all bitcoin transaction, banks would be funny using this with financing I think.
I also have some property I would sell for bitcoins too.
Also wonder about the tax implications.. No taxes?? How about paying off the rest of mortgage at closing? Bank be okay with you accepting bitcoins?