coolthaihouse.com

Saorsa, You are totally correct, most banks stipulate that you must pay the loan monthly for three years not to pay a hefty penalty. You can also pay twice the amount in the first 3 years, but not a baht more. Bangkok Bank however, refuse to let you pay twice the amount and go out of their way to m...

Having been there with the fill dirt already ?why not put the foundations in first you will have to dig through the new fill to find "solid" anyway But getting away from the point i understand what you are saying about leaving it hanging but it was just sugested as another solution if the...

I only want a 3yr mortgage anyway as that is the minimum time to pay off without penalties Surely if you are in a position to settle the loan in three years it would be better to bite the bullet and wait till you saved the money to do the build ? At least that still leaves a userfruct available and...

saorsa, Loans are possible through Thai banks. My wife and I bought our townhouse through Siam Commercial Bank and they approved the loan within a week, however, as my wife works for a "farang" company in a senior executive position the loan had to be in her name with me as guarantor. The...

That should put the cat among the pidgeons if the bank has loaned on the land i would imagine you will not be able to obtain a userfruct ?? if granted the bank would be unable to repo the land which is their collateral ? unless the loan is in your name ! But as the userfruct is a lease not ownershi...

If I get a usufruct registered on the Chanote for the land that is in my wife's name, does that stop a bank from loaning money to build the house using the land as collateral? I'm thinking if it does, I will be better to get the mortgage and then register the usufruct later.