Tag Archives: Property/Assets/Rights

$1.4m Perth home put on the market for digital currency Bitcoin

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“A five-bedroom Perth Hills property for $1.4 million that overlooks a lake and has air-conditioning, a pool, timber decking and even a wood-fired pizza oven. The only catch: the owner must be paid in a digital currency known as bitcoin.  The sale, which would make the property the first in Australia to be sold for bitcoin, is the latest sign WA is embracing digital dollars.  But even bitcoin enthusiasts have been shocked by the offer, as the value of the currency fluctuates wildly.  Perth businessman Bret Treasure, 53, chairman of the Australian Web Industry Association and a board member of Bitcoin Australia, believes it’s the first bitcoin house sale in Australia.”

http://www.theaustralian.com.au/news/m-perth-home-put-on-the-market-for-digital-currency-bitcoin/story-e6frg6n6-1226788071548

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Realtor.com: Will You Be Buying Your Next House With Bitcoins?

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“If you’re not ready to throw down cash for that new house, maybe you can dig deep for some … bitcoins?  For the second time this week, a seller has promised to accept the virtual currency as valid payment for a new home, according to The Wall Street Journal.  One seller in the Hamptons is asking nearly $800,000 — or that value in bitcoins — for a four-bedroom, ranch-style home first listed in October. Earlier this week, a former casino owner said he’d be willing to accept bitcoins for his $7.85 million Las Vegas home.  Bitcoin is a digital currency introduced in 2009 that is not backed by a central bank or government.  The currency can be traded online through unregulated Internet exchanges.”

http://www.realtor.com/news/will-you-be-buying-your-next-house-with-bitcoins/

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Housing “Bubble 2.0″; Same as “Bubble 1.0″, only different actors

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“Why a ‘strong economy‘ is negative for this housing market;  houses are far ‘more expensive‘ today then from 2003-2007 (i.e., ‘affordability‘ much worse); and how everybody has been ‘fooled by stimulus‘ and unprecedented monetary policy, yet again.  This housing market is ‘resetting‘ right now;  for the third time in six years. It might look and feel a little different, but as I detail in this note, it’s not really different this time around.”

http://mhanson.com/archives/1546

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Why Mortgages Will Soon Be More Expensive

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“This week, the mortgage giants Fannie Mae and Freddie Mac announced new guidelines that could add as much as a half point to the interest rate that a fixed-rate borrower pays. The tougher lending rules are set for March. But banks will begin phasing them in next month, when another set of federal rules known as ability-to-repay and the qualified mortgage also kick in. That means banks have less wiggle room to work with borrowers that may be self employed, at a new job or paid on commission. On top of all this, the Fed in January will begin winding down its bond-buying program, which has helped keep mortgage rates low.”

http://business.time.com/2013/12/19/fannie-and-freddie-make-mortgages-more-expensive/

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Vegas developer selling $7.85M mansion for bitcoin

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“A casino owner-turned-commercial developer is asking $7.85 million to sell a Las Vegas home, and he’s willing to accept the online currency bitcoin for the deal.  Jack Sommer said he got the idea to seek bitcoin for his 25,000-square-foot mansion from two of his sons, who’ve been involved in making and trading the currency.  It features marble from China, Iceland and Brazil, a full basement, staff quarters with Jacuzzis, and a secret garden. It also has 39 air-conditioning zones fed from a 120-ton cooling tower.  Sommer once owned the Aladdin resort, which is now the Planet Hollywood Resort on the Las Vegas Strip.”

http://www.foxnews.com/us/2013/12/14/vegas-developer-selling-785m-mansion-for-bitcoin/

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Alberta woman willing to trade $1-million property for Bitcoins

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“A $1-million acreage on the outskirts of Red Deer, Alta., has become the largest property in Canada yet to be offered up for Bitcoins, the digital currency unregulated by any country or central bank.  Located at 37546 Gasoline Alley on the outskirts of Red Deer, the 1.3 hectare property includes a four-bedroom, two-bathroom home complete with greenhouse, a secret room accessible via a walk-through closet and a private forest. Ms. Kander is a well-known figure in central Alberta real estate circles and the owner of 11 other properties in the region.  With Bitcoin demand surging in China, the offer is aimed at Chinese real estate speculators on the lookout for Alberta development properties.”

http://news.nationalpost.com/2013/12/04/alberta-woman-willing-to-trade-1-million-property-for-bitcoins-the-volatile-new-digital-currency/

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3 BR Home for Sale in Omaha, Nebraska: 115 Bitcoins

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“Come see this completely renovated large home just blocks from Downtown Benson and local schools! From the custom tile work to the brand new kitchen and baths, this home has so much to offer.  The huge loft with 3/4 bath and walk-in closet can be used as a master suite or a kids room- enough space for 7! This home is perfect for today’s stylish buyers with high expectations. New carpet and paint to boot! The list goes on and on. Set up a showing today!”

http://www.bitpremier.com/items/view/148

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Learn Bobby Tay’s $2.7 Trillion Sigma Secret

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“Sabana is a shari’ah-compliant REIT, meaning it adheres to Islamic financial principles. That’s appealing to a large swath of the Middle East that is eager to find a place outside the U.S. and Europe to put money to work. Singapore is a natural destination because of the safety of the banking system and the surety of the legal system.  In 2011, an estimated $2.7 trillion was looking for a shari’ah-compliant home, and with a shari’ah-compliant REIT kicking off a dividend of 10% at the time, well there was no question the Arabs would invest.  It was a Sigma event.”

http://thesovereigninvestor.com/2013/11/27/learn-bobby-tays-2-7-trillion-sigma-secret-2/

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Philadelphia Real Estate company accepting Bitcoin for all properties

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“Philadelphia Real Estate company is the first in the World to accept Bitcoins and Litecoins for all properties!  We currently have 60+ for sale in Philadelphia, and every property is available for purchase by anyone in the world!!  Best part is, full or partial payments can be made in either Bitcoins or Litecoins.  We are working to allowing dynamic pricing and immediate purchase, but as of now, due to market volatility and the need for technological upgrades, please inquire about the current Bitcoin and Litecoin prices.  Please pass this on if you know people looking for things to buy with their newly found Bitcoin fortunes! Philadelphia is a great market for Real Estate investments!”

http://www.reddit.com/r/Bitcoin/comments/1rx6m5/press_release_philadelphia_real_estate_company_is/

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Bitcoin moves beyond mere money

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“The secret to Bitcoin’s rampant success is the ‘block chain’ – a secure digital ledger that tracks coins across the internet. It records every single transaction of the currency, and those transactions are then mathematicallyverified by the computers of Bitcoin users around the world. Anyone who holds bitcoins also has an exact copy of the block chain, making it virtually impossible to create a forgery. This eliminates the need for trusted third parties, like PayPal and Visa, to take part in financial transactions.  Now the block chain is being applied beyond the movement of money using a technique called ‘colouring’ bitcoins. It has the potential to transform commerce.”

http://www.newscientist.com/article/dn24620-bitcoin-moves-beyond-mere-money.html

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