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RE: Here's How to Buy a House with Cryptocurrency

in #blog7 years ago

Blockchain has obvious application on the title/escrow and property records side of things..in fact its already starting to happen. But crypto isn't "money" yet. Qualifying for a mortgage with it? Not anytime soon!
30yr realtor here @brandonp..and fellow b-ball fan :)

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Yea completely agree. I even talked to a lender of ours that has an "Assets as income" program, but even they said that they couldn't accept crypto as assets even if it were converted to cash. Blockchain will for sure have huge applications to title/escrow, but it's going to take a ton of time and resources to get all of the current information onto the blockchain since it isn't already digital in a lot of places.