Escrow Company Issues First-Ever Bitcoin-Backed Real Estate Loan
Glen Oaks began accepting Bitcoin in 2018 and sees the loan as proof the cryptocurrency’s value proposition is becoming clearer to debtors and creditors.Glen Oaks Escrow, one of the largest independent escrow companies in California, has facilitated its first refinancing through a Bitcoin-backed loan. In a press release issued today, the company said this marks the first time a refinancing has been completed with a buyer using Bitcoin as collateral.Glen Oaks began accepting Bitcoin payments in 2018, and sees the news as proof the cryptocurrency’s value proposition is becoming clearer to....
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Glen Oaks Escrow has made its first BTC-backed refinancing of a property in San Diego. One of Southern California's largest independent escrow companies, Glen Oaks Escrow, has announced its first property refinancing with a Bitcoin-backed loan.The company stated that this is the first time a refinancing has been completed using Bitcoin as collateral. In the July 28 announcement it added that it has previously facilitated a number of real estate transactions that used BTC as the form of payment.Glen Oaks Escrow, which started accepting Bitcoin payments in 2018, views the transaction as....
Blockchain real estate company Ubitquity has announced its first ever US pilot scheme through a partnership with Virginia-based Priority Title & Escrow. Partnership To ‘Help Legitimize’ Blockchain Deeds Transfer. Ubitquity’s first venture since its limited release in September sees it provide immutable original records through its....
Shark Tank star Barbara Corcoran, the entrepreneur who turned a $1,000 loan into a billion-dollar real estate empire, says she will get rich by investing in real estate, not cryptocurrencies. The American investor takes every extra dime she has and puts it in real estate, emphasizing that she will get rich nice and slow this way. Investing in Real Estate vs. Cryptocurrency Real estate entrepreneur Barbara Corcoran shared her view on cryptocurrency and bitcoin in an interview with TMZ this week while out and about in Union Square in New York City. Corcoran is the American investor famed for....
The real estate digitization platform aims to raise $1.7 million.
Buying real estate doesn’t have to be as tedious as it has been in the past. In fact, you can actually start buying digital real estate right inside the metaverse for a much lower cost than you would purchase it in the real world. In addition, a handful of metaverses also intend to offer tokenized fractional shares in real estate properties, meaning you can own a piece of real-world real estate for a fraction of the price. This article will cover some of the best real estate metaverses to watch for in 2022. Some projects intend to bring real-world real estate assets onto the blockchain,....