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silver78

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Posts posted by silver78

  1. 6 hours ago, Rc2702 said:

    Search for a member called siets or search for: KK homes weebly. Houses for 8k a month, furnished upwards from 8 upto 20k p/m. Not sure on location within city but good prices/homes 

    Thanks :)

  2. 8 hours ago, 55Jay said:

    You may have already visited but here's a site specific to KK area.

    http://www.khonkaenhomes.com/

     

    We used the internet to begin our search earlier this month.  Cast a wide net, viewed a few in person with an agent but in the end, it was the wife on the "bamboo network" that produced the house we are moving into next month. 

     

     

    Thanks 55Jay, there are just a few houses to rent in this website and the only one interesting for us is rented already but i will continue to look at it...

  3. 6 hours ago, klikster said:

    The "fully furnished" might be a bit of a problem -- depending on your definition.

     

    " .. or a swimming pool." -- probably a major issue if not a community pool.

    It could be partially furnished, have a private or community pool i will consider every offers

  4. Hi, i'm looking for a school in Khon Kean for my Kids, not an international school. Could you advice me a EP school there ? Sathit (demonstration school) or Wittayayon, which is the best you do you think ?

     

    Thanks :passifier:

  5. Hi there,

    Do you know where i can rent a  house in Khon Kaen for our little family ? We are looking for a house to rent (1 year contract) less than 18.000 THB/months in Khon Kaen, it must be in the south-west part inside the town or a bit outside. The house must be fully furnished with 3 bedroom or more. A small green garden or a swimming pool will be very appreciated.

    Thanks !

  6. the answer of a lawyer  about the "Sale with right of redemption"
     
    This is special kind of loan. Like you sell the land to someone for getting some benefit, but you have right to buy it back in the future. For example, you sell the land to me at 5 Million bath and I make an agreement with you that you can buy the land back within 1 year by returning 5 Million baht to me with interest. If you don’t buy it back within 1 year, the land will belong to me and you do not have right to buy back anymore. Under this loan, the ownership will transfer to me and you don’t have right to get in the land anymore, until you buy it back.
     
    this kind of mortgage, it must to register at the land office only. Without the registration, the legal action will not be valid by Thai law.
     
    Regarding to your explanation, if your situation is not under this kind of mortgage above, it will not be safe 100%.
  7. 12 hours ago, Farma said:

    I think I know what he means.

    It's common method among Thais buying and selling property especially with people having troubles obtaining a bank loan. Land offices are familiar with the arrangement.

     

    Buyer and seller go to the land office and register for want of a better word a type of hire purchase.

     

    Buyer agrees to pay regular installments usually a few months apart up until the agreed purchase price is reached.

     

    Buyer and seller return to the land office on completion of final payment to transfer the chanote into buyers name.

     

    If buyer fails to make payments as per agreement the seller keeps the property and monies paid.

     

    Usually the buyer agrees to a slightly higher purchase price than what they would expect from haggling the price down.

     

    Edit. blackcabs description sounds more like what the OP described. The method I mentioned is also commonly used.

    Thanks Farma, what we know is that man is very reach and he has a big company so i don't undestand why he is interested to do that rather that buy the property directly. I know he will pay lower tax but of course this isn't the main reason

  8. 12 hours ago, blackcab said:

    ขายฝาก = Kai Faak or Sale with the Right of Redemption (SRR). It is normally used by the owner to raise funds. The difference between a mortgage and SRR is that a mortgagee gives a loan to the mortgagor that is secured against the property, but the real estate remains the property of the mortgagor.

     

    With SRR the owner wants to raise funds. To do this they sell the real estate, and receive a specified amount of money. They are also given a specified amount of time (usually 1 year). If the person who borrowed the money repays it plus interest, they can redeem the property and regain ownership. If they do not redeem the property by the deadline, it remains the property of the lender.

     

    Thanks Blackcab, i think it's what you speak about. Do you think it's risky for us (owner) ?

  9. 1 hour ago, Peterw42 said:

    I'm not following, the guy gets the chanote (he owns the property) and you still owe him 9 million dollars. he gives you 9 million then you give it back, then he owns the property ??

    I have read it 5 times and still cant understand. Selling on consignment is essentially what you do if you get an agent to sell for you.  

     

     

    Hi Peter,

     

    Sorry for my poor explanation. First it's 8 millions bahts not dollars :) the title deed is transferred to him after 6 months, 1 years or more because we didn't repay the loan we contracted with him. I think we call it  "mortgage loan"

  10. Hi there,

     

    My thai wife and me are trying to sell our house 8 millions. Yesterday a thai man came to our property, he was interested by it and purposed a sell on consignment (ขายฝาก). What i understood, it's the guy give us 8 millions, then we go together to the land office, we give him our chanote and we sign a document which stipulate that we borrow 9 millions from him but he said without interest. After a few months without give back any money or interest we sign another document and he get the property. What do you think about it ? Is it safe ? Should i be assist by a lawyer ?

     

    Thanks you so much for your precious advice !

  11. Hi friends !

     

    For my kids actually in kindergarten and in primary school i would like to know which is the best english program school in Khon Kaen please ? International schools are too pricey for me, what do you think about Khon Kaen University Demonstration Schools (Satit) and Wittayayon school please ?

     

    Thanks

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