Lawyers: Don’t deal with unhappy former owners in foreclosure sales after woman is gunned down

[webfact]

The harrowing scene on Tuesday in the Bueng Nam Rak Sub District of Thanyaburi in Pathum Thani province where a slumped 52-year-old woman was found dead by neighbours after being shot dead by the former owner of the property she had purchased in foreclosure from a bank which the 66-year-old man, identified as Mr Decha, refused to vacate since last year.

Police this week only convinced the irate elderly man to surrender by promising him access to key media programmes to vent his point of view after he murdered the new owner of his home and later fired on police who tried to storm the foreclosed property in a failed attempt to force him out. 

Legal experts in Thailand are urging any person buying property linked with bank foreclosure proceedings to bring in professionals to make sure the property being purchased is, first of all, secure from its previous owner after a woman was murdered this week in Pathum Thani in an ongoing dispute with the former owner of a foreclosed property she purchased last year. The woman was gunned down by the 66-year-old man after she tried to persuade him to find another place to live and vacate her property.

 

Thailand’s Lawyer Council is warning second-hand house purchasers who buy properties from banks linked with foreclosure proceedings to make sure to use a lawyer to facilitate the process step by step including the removal of the previous owner and detention by police if required.

 

by: by Carla Boonkong & Pranee O' Connor

 

Full story: https://www.thaiexaminer.com/thai-news-foreigners/2023/06/03/woman-shot-dead-house-foreclosure-sale-pathum-thani-police-arrest-former-owner/

 

-- © Copyright Thai Examiner 2023-06-05

 

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[ukrules]

This case has the potential to cause a huge problem for the banks which is ironic as they caused it.

[scubascuba3]

Bank should have removed him prior to sale

[hotchilli]

4 hours ago, webfact said:

Thailand’s Lawyer Council is warning second-hand house purchasers who buy properties from banks linked with foreclosure proceedings to make sure to use a lawyer to facilitate the process step by step including the removal of the previous owner and detention by police if required.

Maybe the banks should make sure the property is vacant before putting it up for sale?

[ChrisY1]

4 hours ago, ukrules said:

This case has the potential to cause a huge problem for the banks which is ironic as they caused it.

Oh my….we can’t blame the banks now, can we? They’re the pillars of success in Thai society…..

[mikebell]

SOP to remove rightful owner.  It happens to farangs with Thai shareholders - I know to my cost.

[sammieuk1]

You may also need to buy a Magnum and vest when purchasing a foreclosure now ???? 

[steven100]

The Bank is at fault for not handing over a vacant dwelling to the new purchaser,    and Thais are at fault for being so uneducated and taking the law into their own hands.

[rwill]

52 minutes ago, steven100 said:

Thais are at fault for being so uneducated and taking the law into their own hands.

Well the police don't do much to help them.

[Pouatchee]

1 hour ago, sammieuk1 said:

You may also need to buy a Magnum

how i do love the magnums. i do not care for the almond covered ones, though. 

????

[PETERTHEEATER]

6 hours ago, sammieuk1 said:

You may also need to buy a Magnum and vest when purchasing a foreclosure now ???? 

Is the champagne for seller?

[Callmeishmael]

8 hours ago, hotchilli said:

Maybe the banks should make sure the property is vacant before putting it up for sale?

Quite a few years ago I had some cash from the sale of my sailboat back in California, and looked at several foreclosed properties.  Most of the houses that I looked at (usually just from the outside) had people still living in them!  When I asked the bank about that, they said that it would be my responsibility to get them out AFTER I bought the house!  Needless to say, I ended up buying some land that was free and clear.