Bying a house in Phuket, my son's name

[MaeJoMTB]

On 10/28/2017 at 1:29 AM, oslooskar said:

What kind of interest rates do Thai banks charge on loans? My ex-wife (who is Thai) and I will be going house hunting in Thailand in February in search of a house for our son who is 29 years old and has both Thai and American citizenship.

SCB currently charges 6.2% with a life insurance charge of 25k up front for 20 years coverage.

If my wife dies, I get a free house.

Edited October 29, 2017 by MaeJoMTB

[greenchair]

2 hours ago, baansgr said:

Why bother transferring to your name. Seems pointless paying land office fees. 

I want it my name because it's my house that I paid for. 

Why would I not bother? ?

Not to mention my husband as 2 children, that would surely make their claim to 50 percent upon my husbands death. 

[baansgr]

On 10/29/2017 at 6:40 PM, greenchair said:

I want it my name because it's my house that I paid for. 

Why would I not bother? ?

Not to mention my husband as 2 children, that would surely make their claim to 50 percent upon my husbands death. 

Sorry i was confused with past, present and future tenses used, i didnt realise the land has already been transferred to your name

[greenchair]

1 hour ago, baansgr said:

Sorry i was confused with past, present and future tenses used, i didnt realise the land has already been transferred to your name

Going to be in the process 

[baansgr]

On 11/2/2017 at 2:45 PM, greenchair said:

Going to be in the process 

Its only a few hours at the land office. The bank will need to be present also having the fully paid mortgsge released from the Chanote befor your husband transfers his property to your name.