just to ask, if anyone clicks on the link to the auction is the software working for them? As some people said it doesnt work
thanks
Works for me.
How would this work? I might be interested if I could get this for a good price. But, how would the exchanging of Bitcoin and the deed of the house be handed over and dealt with? I guess it would require the buyer to travel to germany to actually recieve the deed, but is it possible for the person to purchase the property and get your workers in and make it 100% livable and then come and visit?
I would want to keep costs as low as possible and I see that travelling to germany is quite expensive and travelling a few times throughtout the process of getting it up to living standards could be expensive.
Also, I'm going to be looking at your future properties and will your buildings be useable for all the properties?
Hi Effin,
The land registry in Germany is called the 'Grundbuchamt' and there is no physical deed per se; you are entered into the registry as an owner. Physical property deeds are something of a archaic system that has now mostly been phased out in all countries in Europe, including the UK.
All purchasing can be done with a power of attorney through a Notar and the local embassy of Germany in your area. We can also provide renovation and labour- and possible for bitcoin as one of our team is interested in being paid in Bitcoin. Obviously there will be some 'real world' costs that will be unavoidable, IE taxes, building materials.....not everything can be paid in BTC.
I am assuming that your question about buildings being used on all properties was just a typo and you meant can future properties be paid in Bitcoin? This question really depends on how we are treated by the Bitcoin community. If the auction goes well and we have a smooth transaction, we will encourage more and more people to offer property in bitcoin. If there is little interest or Bitcoin creates more problem than a traditional sale then No, we will stop our efforts to engage with the Bitcoin community.
If you have any more questions please dont hesitate to ask!
Thanks for the reply. What I meant is that can your buildings be hired for all future listings?