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How real estate projects get money from selling houses using mortgage?


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I see a lot of low budget housing projects in Phuket recently. Most of them in Kathu area will fall between 2-7 million baht range. Thais are normally paying in installments for 30 years to the bank. How does developer get the money from sales? Does he receive partial payments every month for 30 years while bank takes some interest? Or project owner gets full amount from the bank? Apologize if this is a naive question. Anyone can explain?

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