The Real Estate Industry is adopting BITCOIN!
Glen Oaks Escrow has made its first #BTC-backed refinancing of a property in San Diego. Glen Oaks Escrow, which started accepting #Bitcoin payments in 2018, views the transaction as proof that Bitcoin’s value proposition is becoming clearer to debtors and creditors. Company Chief Operating Officer Joe Curtis commented: “Seeing a lender use #cryptocurrency for a #refinance shows us that this #payment method is continuing to grow in how it's used and who it's used by.”
CEO and founder of The Crypto Realty Group, Piper Moretti, told Cointelegraph that many buyers purchasing real estate with digital assets are taking loans out against their cryptocurrency, so they can still benefit from holding coins while putting the value to work.
Piper Moretti, CEO and founder of The Crypto Realty Group, told #Cointelegraph that crypto for real estate transactions is indeed becoming more common. Moretti shared that her firm currently has real estate listings available for Bitcoin in Tulum, Uruguay, Puerto Rico and Costa Rica.
#realestate #crypto #buywithbitcoin #bitcoinadoption #cryptoadoption
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