Simply browse through the HouseBit listings and select a property you would like to own or live in. All the information you need regarding the property is provided in the listing.
Every HouseBit property has 2 types of digital NFTs:
providing legal ownership in the property
providing the right to live in the property
You can purchase any amount and any combination of tokens.
Once purchased, the HouseBit interface facilitates seamless trading on the Uniswap decentralized exchange (DEX).
Purchasing Ownership in a Single Home / Condo or Apartment Building
Each Ownership Token gives you 1/1000th ownership of the property.
You can purchase as many Ownership Tokens in the property as a link from the HouseBit website to Uniswap.
Pay by cryptocurrency through Uniswap. In the future, you will have the option to pay via ACH1, credit card2, PayPal3, and other popular payment platforms.
Once payment is verified, tokens are transferred to your personal digital wallet (like Metamask) under your complete control.
All Tokens are digitally secured on the Ethereum Blockchain on Polygon Mainnet.
You can then hold your Ownership Tokens or swap them (buy and sell) on decentralized exchanges such as Uniswap.
You can then hold your Ownership Tokens or swap them (buy and sell) on decentralized exchanges such as Uniswap.
The net property revenue is based on the occupancy NFT smart contract and your share of ownership. If you are entitled to a payment, it can be claimed through the HouseBit app, after tokens verification.
Purchasing the Right to Live in a Single Home / Condo or Apartment Building (Income)
The Occupancy NFT, or Non-Fungible Token is unique to a house, condominium or a specific unit in an apartment building/multi-family residence.
Purchasing and owning the Occupancy NFT gives you the exclusive right to live in the house, condominium or unit in the apartment building/multi-family residence.
Every Occupancy NFT will have specific monthly financial obligations and conditions in order to live in the property.
You must agree to all obligations before purchasing an Occupancy NFT and you may have to provide HouseBit with information on how you will meet those obligations.
All obligations are fulfilled through Smart Contracts which are preprogramed transactions that are traceable, transparent and irreversible.
The smart contract conditions are guaranteed not to change over a calendar year and may be revised annually to adjust for local taxes, Home Ownership Association and other usual property costs.
Although anyone can buy and hold an Occupancy NFT, in order to move into the property you will be required to provide usual personal information and depending on the property, you may have to meet minimum credit requirements.
You can stay in the property as long as you meet your obligations under the smart contract.
You can sell your Occupancy NFT any time and even set a move in date for the new occupant up to one year into the future.
Once purchased, the Occupancy NFT belongs to you - you can hold it or sell it any time you wish
Tokens and NFTs are easily tradable between investors and/or occupants via the HouseBit Exchange.
The HouseBit trading platform provides current market information on your token or NFT including the estimated market value of the property. However you have full control on the price you are prepared to pay for a token or NFT and the selling price for your tokens or NFTs.
To buy or sell an token or NFT, follow the instructions on the trade menu.
Thank-you for your interest in this property’s ownership token. Ownership tokens for this HouseBit Candidate Property are not currently available as it has not yet been tokenized. Please let us know how many tokens you are interested in and one of our HouseBit specialists will get back to you as soon as possible with more information.
Thank-you for your interest in this property’s occupancy token. The Occupancy tokens for this HouseBit Candidate Property is not currently available and the property has not yet been tokenized. Please provide us with your contact information and one of our HouseBit specialists will get back to you as soon as the token becomes available. They can also advise you about other Occupancy tokens that are available that may be of interest.
Candidate listings are property that meet HouseBit tokenisation criteria
If an occupancy NFT buyer and/or enough ownership token buyers are interested in the property and it’s still available, HouseBit will make an offer and if accepted will close and tokenise the property.
All figures are estimated and may fluctuate or change if and when a tokenisation occurs.
