March 16, 200917 yr Hi guys, Currently renting a condo in CM. Have usually been one for renting but doing a visa run with the cook on the weekend saw a great bungalow in Chiang Rai. The guy is asking 4 million Baht. Said it's in his wife's name but has no papers at all. I've done a bit of research and noticed he tried to sell last year for 5 million Baht. I'm thinking with my heart not head but was wondering about the dangers of having no papers. He said was promised chanot by the land office 3 years ago and still hasn't got it. Having a quick search, it may also be better to do the 30 year lease option? Would appreciate any advise guys. Regrads Will
March 16, 200917 yr Hi guys, Currently renting a condo in CM. Have usually been one for renting but doing a visa run with the cook on the weekend saw a great bungalow in Chiang Rai. The guy is asking 4 million Baht. Said it's in his wife's name but has no papers at all. I've done a bit of research and noticed he tried to sell last year for 5 million Baht. I'm thinking with my heart not head but was wondering about the dangers of having no papers. He said was promised chanot by the land office 3 years ago and still hasn't got it. Having a quick search, it may also be better to do the 30 year lease option? Would appreciate any advise guys. Regrads Will get a lawyer to do a title search, this will tell you who the owner is and why there is no chanote, who ya gonna lease from if no one really owns the land. get a lawyer. get a lawyer.
March 16, 200917 yr You can't be serious! Pay 4 million Baht for a piece of property with no papers, are you daft. Plus it's in his wife's name, what does she have to say about this deal?
March 16, 200917 yr It looks like somebody is trying to sell you London Bridge.... No title = no deal.
March 16, 200917 yr Author I'm hearing you guys. Like I said, I'm thinking with my heart not my head. As it's in the wife's name, she's selling it for them both. Thanks again for the reality check. Just fell in love with the place. Regards Will
March 16, 200917 yr It looks like somebody is trying to sell you London Bridge....No title = no deal. They can't, I bought it last year. No Chanote, no deal.
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