Buying a house from gf - what can go wrong?

[Liverpool Lou]

1 hour ago, bob smith said:

It will never be YOUR house though will it.

 

It will always be in your girlfriends name.

Garbage, it will be his house if he buys it.  The title to the house can be in his name, it is only the land that a foreigner cannot own.

[GypsyT]

"He specifically stated that she will remain the land owner and he will be buying the house, not the land, that is permitted."

 

Finally SOMEBODY who can read AND understand -:)

 

[chickenslegs]

6 minutes ago, GypsyT said:

Seriously; I hope somebody, like NEWNATIVE, would give his opinion. He has bought many houses on same area.

He sounds like the brightest regarding RE here.

 

If notifications are working you can use this format ... @newnative ... to let him know he has been mentioned in the topic.

[Mavideol]

1 hour ago, GypsyT said:

"If there was genuine love and trust then your TGF would let you stay free for the rest of your life."

 

New relationship. Things CAN go south...

 

Besides, I like to have MY house, MY mods and customizing, MY garden with fruit etc trees.

Having MY house I'll spend more than 4-5 months in Thailand. Tired of hotels and condos in noisy area. This house in close to lovely Lake Mabprachan and 11km loop to walk.

you don't need advise as you already have your mind made... we will be waiting for the next post asking how to get your money back 

[Georgealbert]

Yesterday you were worried about the length of her name, and were planning to move to Spain.

 

Less than 24 hours later you want to buy her house and 30 + 30 lease.

 

What could ever go wrong!!!

[BenStark]

17 minutes ago, Liverpool Lou said:

He specifically stated that she will remain the land owner and he will be buying the house, not the land, that is permitted.

 

A foreigner can not buy an already built house Mr Know it all.

 

At best he can get a building licence for a new house in his name, and build that on land owned by a Thai.

[FritsSikkink]

19 minutes ago, GypsyT said:

"He specifically stated that she will remain the land owner and he will be buying the house, not the land, that is permitted."

 

Finally SOMEBODY who can read AND understand -:)

 

So why are you talking about MY garden and that she won't be allowed on her own land?

You clearly don't understand.

Edited November 2, 2023 by FritsSikkink

[NextG]

26 minutes ago, GypsyT said:

"He specifically stated that she will remain the land owner and he will be buying the house, not the land, that is permitted."

 

Finally SOMEBODY who can read AND understand -:)

 

I think EVERYONE ‘understands’. I imagine  a few are finding it difficult to remove their hands from their faces and their heads from shaking, after reading your posts here. 

[NextG]

2 hours ago, GypsyT said:

She's Thai. No loans on the house. She own the land.

I got cash in Foreign bank enough to pay in full.

 

I've read many advice and how-to-do but one thing is unclear; When do I pay the house?

Some say "Go to the Land office and sign all papers and THEN pay the house.

Some say "Pay 10% deposit (they don't say when; before or after signing) and agree the date when full payment is due.

Also, is 30-30-30 yr lease what I should ask? She'll be the land owner.

What's best?

NOTE: I don't have Thai bank account. Tried to open but could not w/o 1yr visa. Can I pay direct to seller?

 

Also, I'm not sure if I should I hire a lawyer to go through the papers? I fully trust her but she got the house by inheritance and don't know much of RE.

Thank you!

PS. I've had many properties in three countries so this is not my first rodeo but "Thailand is Thailand"...

🤦🏻‍♂️

[Liverpool Lou]

36 minutes ago, BenStark said:

55 minutes ago, Liverpool Lou said:

He specifically stated that she will remain the land owner and he will be buying the house, not the land, that is permitted.

 

A foreigner can not buy an already built house Mr Know it all.

Nonsense, foreigners can buy "already built houses".

[Shop mak]

OP, unless you have been in a relationship with her for 3-5 years, don't go there.

Many relationships ends long before that, even if you think your girlfriend are different.

 

Many forum members have lived here in Thailand for 20-30-40 years.  Listen to what they say, about all the dangers and pittfalls. They don't do it to pi$$ you off, rather warn you against doing what you plan to do, by yourself.

 

It's irrelevant how many properties you bought before, in other countries.

Things are very different here.

 

If you knew how many relationships and marriages that don't last 5 years here, you would rush to a Lawyer asap, to avoid many future problems.

 

You must hire a Lawyer, before you start spending money.

 

@ThaiLawOnline 

He know the Law here. If you don't follow any advice already given, maybe you listen to those who work in the legal field.

[BenStark]

2 minutes ago, Liverpool Lou said:

Nonsense, foreigners can buy "already built houses".

 

Nonsense. Show us a credible source for that claim.

 

A house is usually not even registered on the land title

Edited November 2, 2023 by BenStark

[GypsyT]

"Yesterday you were worried about the length of her name, and were planning to move to Spain.

"

 

Yes, that was MY plan. She turned it down. I understand her. The family and all friends are here and business too.

 

PS. FREE tip; In Spain, if you are EU citizen like me, you get co-habitant status in a DAY in some counties. That'll give your partner (either sex) legal Residency and EU health insurance. No need to marry.

That was in my mind why moving there. Plus the best weather!

Edited November 2, 2023 by GypsyT

[NextG]

15 minutes ago, GypsyT said:

"Yesterday you were worried about the length of her name, and were planning to move to Spain.

"

 

Yes, that was MY plan. She turned it down. I understand her. The family and all friends are here and business too.

 

PS. FREE tip; In Spain, if you are EU citizen like me, you get co-habitant status in a DAY in some counties. That'll give your partner (either sex) legal Residency and EU health insurance. No need to marry.

That was in my mind why moving there. Plus the best weather!

Was it HER plan for you to buy her house?

[VocalNeal]

Wait a sec. I pay for something but the girl still owns it? That's what I used to do every weekend🤔

[NextG]

Sounds as if it could be a commercial property.  
Thinking of running a business and want to protect your investment?

[Georgealbert]

1 hour ago, GypsyT said:

"Yesterday you were worried about the length of her name, and were planning to move to Spain.

"

 

Yes, that was MY plan. She turned it down. I understand her. The family and all friends are here and business too.

 

PS. FREE tip; In Spain, if you are EU citizen like me, you get co-habitant status in a DAY in some counties. That'll give your partner (either sex) legal Residency and EU health insurance. No need to marry.

That was in my mind why moving there. Plus the best weather!

What will be the plan tomorrow???

 

If you are real, please sit down and think to yourself, what do you want?

 

Sorry, but you seem to be disaster waiting to happen. Please never invest any more that you can afford to lose.

[GypsyT]

Tomorrow? Going to Vietnam. I hear there are good deals....

 

Seriously,

thank you all who KNEW something and warned/told me about pitfalls.

I didn't know it can be so difficult to buy a house. Also, land lease seems to be full of worms...

Time to reconsider the whole deal with my lovely baby.

 

And to those who were able to boost own miserable existence - You are welcome!

 

[NextG]

16 minutes ago, GypsyT said:

Tomorrow? Going to Vietnam. I hear there are good deals....

 

Seriously,

thank you all who KNEW something and warned/told me about pitfalls.

I didn't know it can be so difficult to buy a house. Also, land lease seems to be full of worms...

Time to reconsider the whole deal with my lovely baby.

 

And to those who were able to boost own miserable existence - You are welcome!

 

You really have a horrible character! Everyone here was trying to HELP you! I didn’t see any particularly derogatory comments…. other than people trying to save you from yourself. Next time say thank you or simply hold your tongue if you have no good manners at all. 
Don’t ask if you are not prepared to face reality. 

[GypsyT]

I just gave you THANKS!

 

I'm reformed -;)

 

[Elkski]

You have been given lots of warnings by knowledgeably guys.  Take it.   I have read every thread in this sort of topic for 5 yesrs here and I concur on the advice given so far.  And my comprehension is good.  

But on a more basic level if a gf loves you and in her mind feels you will are her last lover then why would she ask for you to do this?

Your money will be there for both of you to dip into when ever needed.   Of course she wont control the purse strings.  

Or is this related to her  wanting to invest HER new wealth in HER business.   Hmmmm.  Try asking about creating a new legal company and you as a legal partner.  If you employ some Thais this can even get you a work permit.   She wants your money!  How did the knowledge of how much $ you have come about?  You bragging? Of course support is part of love in Thai culture but she wants to rob you. And she will get support from family and the village.  There are forums I've heard on FB where Thai women talk about these things. 

Edited November 2, 2023 by Elkski

[JayClay]

Op. What exactly do you hope to gain from this?

 

Currently your gf has the house and land in her name. What advantage do you get from giving her a load of money to put the building in your name?

 

What freedom does that give you that you didn't have already? If you think that it'll give you the final say in any debates over what colour to paint the walls, think again. And if you think you *need* to be in that kind of position, then you have bigger issues...

[Elkski]

12 minutes ago, JayClay said:

Op. What exactly do you hope to gain from this?

 

Currently your gf has the house and land in her name. What advantage do you get from giving her a load of money to put the building in your name?

 

What freedom does that give you that you didn't have already? If you think that it'll give you the final say in any debates over what colour to paint the walls, think again. And if you think you *need* to be in that kind of position, then you have bigger issues...

Lets say you but this house!  Can you see living there for the rest of your life? Even if the relationship works?  You alluded to not liking the weather in Thailand as much as Italy but what about the noise, the local food, bottled water needed.    She nixed Italy without even a visit? 

The truth is no matter your feelings for this one Thai in a week or a couple months you could find better.  Perhaps tell her you need a month of solo travel to think about things and see her get desperate.   Be the nibbling fish who gets the bait without the hook. 

I'm a bit embarrassed to say this, but I was always comparing costs to how many rentals you could have for the same expenditure.   

Edited November 2, 2023 by Elkski

[NorthernRyland]

7 hours ago, GypsyT said:

She's Thai. No loans on the house. She own the land.

I got cash in Foreign bank enough to pay in full.

 

Why do you want to buy the house in the first place? Unless it's something totally unique you can probably rent something similar. I understand in some rural areas renting anything of even basic quality is not possible so if you must there then buying makes sense I suppose.

[Elkski]

17 minutes ago, NorthernRyland said:

Why do you want to buy the house in the first place? Unless it's something totally unique you can probably rent something similar. I understand in some rural areas renting anything of even basic quality is not possible so if you must there then buying makes sense I suppose.

No it doesn't!

She has plans to rob him or otherwise use his money for her gain. 

If she thinks he is her dream man then they will have his money for ever to share.  

If sge needs money to expand her business and its a good idea sge can get a loan from a bank using the house as collateral.  

I dont blame Thailand for not letting foreigners own land.  Nit a bad idea now that china iwn5s so much farm land and food conglomerates from industrial farm to store.    But sad in the past Chinese moved to Thailand, changed their names slightly to sound thai and somehow gained citizenship  and expansive control in Thailand and are even highly respected because of their wealth. 

[NorthernRyland]

9 minutes ago, Elkski said:

No it doesn't!

She has plans to rob him or otherwise use his money for her gain. 

Yeah it looks bad for sure. How can you even buy the house if she already owns it and he can't own it himself? There's no transfer of property, just cash in to her bank.

[Stevemercer]

Are you going to build your own house on your girlfriends land? In that case you will have a contract with the builder and pay them in installments as building milestones are met

[rwill]

1 hour ago, Stevemercer said:

Are you going to build your own house on your girlfriends land? In that case you will have a contract with the builder and pay them in installments as building milestones are met

That's what it sounds like to me.  He already has a 30 year lease on the land and plans to build a house on it.  As someone else mentioned you should get a contract from the builder.  Usually about 10% is paid up front and the rest is broken down into payments based on completion of certain things, like foundation,, roof, electrical, plumbing, etc.

[brianthainess]

I'd be more interested in what she does the 8 months of the year your not here, is she actually free to marry? (and how many kids does she have) before I would even consider handing over a large sum of money to her. You can open a bank account here by the way, through an agent. Also what sort of sum are you talking about? 1/2 a million? 5 million? As said who's idea was it for you to buy? Have you seen the proof that She owns it? have you even visited the property? like check her ID against the ownership papers that to the best of my knowledge only the land office has, having her name in the house book does not mean she owns it.

 Sorry to disillusion you mate but be prepared to get scammed. 

[newbee2022]

Nice to meet one of those believers. 

"In God we trust" seems common but not in GF.

Think twice unless you want to make your GF more happier since she met you😂