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Closing Real Estate with Bitcoin (Recap)

We just wanted to take a minute thank everyone who showed up at Bitcoin in Real Estate Seminar today. The turn out was unprecedented! In case you missed it, here is a quick recap of what buyers agents and listing agents should concern themselves with when using Bitcoin to close a real estate transaction. Buyers Side Find a Title Company that converts Bitcoin Write contract as cash Inform your buyer of conversion process Fee’s associated with conversion 1-3% Underwriting and Processing time to convert to cash 3 Days Buyer must go thru underwriting to convert anything over 10K Prepare buyer to source and season bitcoin on financed deals Funds be converted 48hrs prior to close Sellers Side B

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