HOW TO USE BITCOIN IN YOUR REAL ESTATE TRANSACTION

Bitcoin is a New Form of Wealth

Bitcoin is quickly becoming a popular form of investment in real estate and we are on the ground floor of this change in your area. 

We at Marielena Angulo International Realty, are inspired by the future of Real Estate and Investing.

We have an exclusive program to offer Buyers & Sellers who wish to make transactions using Bitcoin as a form of payment.

At the time of writing this, our exclusive program is in the works to becoming fully functional by Winter of 2023.

I Am A Buyer

So, you wish to purchase a property using Bitcoin, how do you do this?

We are here to walk you through this ever evolving process as Real Estate pushes forward into the future.

  • Need to borrow funds? There are reputable platforms like Nexo.io where you can be approved for a line of credit with automatic approval (no credit checks). There are also no minimum loan repayments and you can choose in which currency you would like to pay back the loan. This is a great tool if you are interested in purchasing a large asset like a property using Bitcoin, but do not have the immediate funds available to pay the full amount.

  • We will look for a property where the seller has either listed it as accepting Bitcoin, or we will speak with them directly to see if they are open to the possibility of accepting payment in Bitcoin (which is similar to accepting a cash offer) and also gives you negotiating power against other more traditional offers.

I Am a Seller

Are you interested in expanding your asset portfolio by selling your property using Bitcoin but are not sure about the process?

  • When listing your property with us, we will discuss your options together about making your property available to solely Bitcoin buyers, or whether you are open to other more traditional forms of currency as well and the process attached to each route.

  • Once we list your home, potential buyers will have the opportunity to make you offers in Bitcoin, which you can accept then voila, we have created a Bitcoin transaction!

So, you now have a large sum of Bitcoin, how do you protect your assets?

We will have a blog solely dedicated to this question, however, let’s quickly talk about your Digital Wallet.

Metamask Digital Wallet

What is one specific possession that most of us have in common and hold dearly? A wallet. Metamask isn’t like the wallet in your purse or pocket, it doesn’t just hold physical money & credit cards, it can hold copious amounts of information about you.

Metamask holds information about you that is infinitely portable and much more secure than having a physical wallet that someone can easily snatch from your possession.

What information can it hold? Whatever you own in the digital & physical world: NFTs, Crypto Currency, Metaverse outfits, real estate and cars, even your identity (passport, visa, etc.) will be able to be held in Metamask.

Your digital wallet will also be able to hold information about your Real Estate transactions.

How Do You Keep It Secure?

Metamask is much safer than a physical wallet. In order to access it, you need “private keys” which is essentially a password. Metamask does not store your password, it is stored onto the computer you use to access Metamask, which can be a risk. In order to protect yourself it is a good idea it either write your “private keys” on paper and keep it in a safe place or to purchase a ledger nano x (imagine a USB stick) which is the most secure way to store your private keys.

In Conclusion,

Yes. Using Bitcoin in Real Estate is a very real and attainable possibility.

The most important aspect of choosing this route is to remain informed. Do your research. Our team will be here to assist you through this new frontier.

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