The Bond real estate brokerage in NYC now accepts Bitcoins.“The Bitcoin is a convenient and inexpensive way for our customers to transfer money, so we see it as a win-win situation which will impact the real estate industry,” said Noah Freedman, co-founder of Bond New York.
In what may be a first for a traditional real estate firm, Manhattan-basedbrokerage Bond New York has announced it will now accept Bitcoin as payment for real estate transactions.
The shifting sands of consumer tastes are revealed in the latest “lab report” from the Trulia.com website which examined the last two years of luxury home listings to see what amenities are trending up, and trending down.
Buying a home? Your age may influence your decision. For younger buyers, the most important factors in choosing a property are convenience to jobs, affordability, and quality of the local schools. For older buyers what matters most is proximity to friends, family, and healthcare facilities.
Santa Barbara’s Funk Zone has developed into a subculture of artisan shops, hip eateries, wine-tasting rooms, and award-winning microbreweries. You’ll quickly pick up on the cool vibe in the Funk Zone that resonates throughout this eclectic community of winemakers, surfboard shapers, local artists, and shopowners.
The Funk Zone is home to a majority of Santa Barbara’s Urban Wine Trail with a series of 17 tasting room representing Santa Barbara County wineries and vineyards.
You’ll find Santa Barbara’s Funk Zone nestled between the Pacific Ocean and Highway 101 (Between Cabrillo and lower Montecito)
If you’re headed to the Funk Zone you might want to check out the Santa Barbara Running Shop, Segway of Santa Barbara, and Wheel Fun Rentals to get you going! Also, check out these other fun Funk Zone things to do:
Escrow is the neutral third party that acts as the depository for documents and money in a real estate transaction.
Upon request, escrow provides copies of the real estate purchase contract, earnest money deposit and escrow instructions to the lender at the beginning of the transaction. Additional items may be estimated closing statements, copies of trust, homeowner’s association information, and evidence of insurance.
Escrow provides the title company with the buyer’s and seller’s completed statements and items specified in the preliminary title report as needed to clear the title. The Title Officer reviews them and may request additional items.
Escrow creates the estimated and final closing statements, which are an accounting of the real estate transaction.
Escrow receives prints and reviews the loan documents, specifically the lender’s instructions. A member of the staff will prepare the estimated HUD statements and arrange the signing of these and other documents with a notary public. Once signed and returned the escrow officer will then assist the lender in compiling funding conditions. Escrow is then notified by the buyer’s lender when they are ready to release loan funds.
When all conditions of the escrow have been met, including receipts of all necessary and cleared funds, we then notify the title company to release the documents for recording. Upon confirmation of recording, escrow completes the prorations and costs in order to reconcile/balance all funds to be dispersed.
Others look to the future through the eyes of an optimist. For them, it is the “spring of hope.” The only constant is change.