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| Buy house in crypto | March 4, by Jenna Hall Updated on May 2nd, Before joining Bankrate in , he spent more than 20 years writing about real estate, business, the economy and politics. This article is for informational purposes only, and is not a substitute for professional advice from a medical provider, licensed attorney, financial advisor, or tax professional. You can leverage these assets in many ways, like transferring crypto directly, qualifying for a mortgage , or converting holdings into cash. When property investor and real estate broker Gabrielle Channell saw a Tampa, Florida, condo hit the market in early , she was immediately interested. Channell lauds the transparency of the NFT transaction. Be sure to look at their latest bulletin for the most up-to-date information about using crypto to qualify for a mortgage. |
| Buy house in crypto | How crypto-backed mortgages work. This adds an extra step in the process that most consumers aren't used to. If you are represented by an agent, this is not a solicitation of your business. There are plenty of examples of real estate developers who are keen to accept cryptocurrencies as payment, but for certain crypto investors , selling their digital assets is a no-go. Fintech platforms such as BitPay , BTCPay , CoinBase Commerce and OpenNode are making it easier to transfer crypto peer-to-peer and even between consumers and businesses, and some mortgage lenders have already begun to experiment with giving consumers the option to pay in crypto. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. |
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