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UKPaul67

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  1. Money transfer when buying Condo if the seller has a mortgage to be paid off

    UKPaul67 posted a topic in Real Estate, Housing, House and Land Ownership
    When paying for a condo, and the money via FET cheque is to the seller at the land registry, but they have a mortgage and the bank has an interest in the condo. Does anyone know what happens if the seller does not pay the bank. Or how does the bank get the balance remaining. Secondly has anyone every brought a condo through a Law firm which uses Power of attorney and Escow payment to the Law firm to pay for the Condo, as I do not have a thai bank account and out of the country for 3 months.

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