Can You Buy a Home With Cryptocurrency?
As a Raleigh real estate professional who works with a wide range of buyers and investors, I’ve had more than a few clients ask, “Phil, can I buy a house with crypto?” The answer: yes, but with some caveats. The rise of cryptocurrency has created new opportunities and new challenges in the housing market, especially here in a tech-forward city like Raleigh.
Let’s take a look at how crypto home buying works, and whether it’s the right move for you.
How Cryptocurrency Is Entering Real Estate
Cryptocurrency like Bitcoin, Ethereum, and USDC—is now accepted in some real estate transactions, often as a form of direct payment or as a way to convert holdings into cash. Here in Raleigh, where innovation meets lifestyle, more sellers and developers are becoming open to crypto, especially in luxury and investment property markets.
Whether you're a tech entrepreneur or a seasoned investor, buying a home with crypto may help you leverage assets in new ways.
Pros of Buying a Home With Cryptocurrency
1. Faster Transactions:
Crypto can eliminate traditional banking delays, especially in all-cash deals, making transactions faster.
2. Global Flexibility:
Crypto offers international buyers a secure and fast way to invest in Raleigh real estate without needing to transfer funds across multiple banks.
3. Leveraging Crypto Wealth:
If your portfolio has grown significantly, real estate is a smart way to diversify your holdings into a tangible asset.
Cons to Be Aware Of
1. Volatility:
Crypto prices fluctuate wildly, so timing is everything. A dip in value could impact your buying power overnight.
2. Lender Limitations:
Most traditional mortgage lenders don’t accept crypto as income or down payment. You’ll likely need to convert to fiat currency.
3. Tax Implications:
Selling or trading crypto is considered a taxable event. You’ll need to consult a tax professional before moving forward.
What to Know About Crypto Transactions in Raleigh
While crypto transactions are growing, they still aren’t mainstream. You’ll need a seller willing to accept crypto, or be prepared to cash out your holdings. In either case, having a knowledgeable agent by your side (that’s me!) can make a huge difference in navigating the fine print, working with the right title company, and ensuring everything is compliant.
Tips for Using Cryptocurrency in a Home Purchase
Work with an agent who understands crypto – Not all agents do.
Have legal and tax experts on your team.
Be transparent with sellers early in the process.
Expect to convert crypto into USD for closing and documentation purposes.
How Phil Slezak Real Estate Can Help You
At Phil Slezak Real Estate, brokered by LPT Realty, we do more than just help you find a home—we make sure your entire moving process is stress-free and seamless. Whether you’re buying, selling, investing, or relocating, we have the resources, expertise, and connections to guide you every step of the way.
Why Work With Us?
✔ Exclusive Off-Market Listings – Get access to homes before they hit the market.
✔ Zero-Commission Selling Options – Save thousands when selling your home.
✔ Relocation Assistance – We connect you with the best movers in Raleigh for a smooth transition.
✔ Buyer Home Guarantee – If your home isn’t perfect, we’ll sell it for zero listing commission.
✔ Sold Zero Commission – Maximize your profits with no listing commission when selling your home.
✔ Cash Offers – Get 4 cash offers on your home in minutes
Conclusion:
Buying a home with cryptocurrency is absolutely possible and it's already happening in forward-thinking markets like Raleigh. But like any new technology, there are risks and considerations. From navigating IRS regulations to finding a crypto-friendly seller or title company, the process requires the right support team.
📲 Want expert advice on your next move?
📞 Call or text me at +19196074844 or connect with me on social media. I help people just like you every week make smart real estate decisions let’s chat about yours!
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