Girlfriend wants me to buy her a house

[y2k]

Just found the love of my life. We intend to get married after I've sorted out my side of things (too messy to get into here). She is keen on buying a new house which has a four-month lead time and has asked me to put up the necessary cash. I'm a little wary so suggested she investigate into the possibility of having both our names on the property. She originally agreed and is now asking that I give it to her as a wedding present then I wouldn't have to pay for the other things that I am supposed to buy according to Thai custom. My contribution would be over 1millionTHB. Am I wrong to be reluctant to do this even if I love her?

[chiang mai]

Tell her you don't like houses and buy a condo instead, in your own name, tell her that she can share the condo with you if she wants to move in.

[up-country_sinclair]

Not trying to come off as elitist or anything, but what kind of new house (and land) are you going to be able to get for 1,000,000 Baht?

I agree with the poster above, buy a condo and protect yourself.

[varese]

Yes - seriously.. buy the condo in YOUR OWN NAME. Only a fool would do what this woman is suggesting you do with your 1million baht. Think man! Think with your brain, not the other part.

[worgeordie]

For a million bht,what kind of house is that,looks like you are

going to be let off cheap, this is money you can afford to loose ?,

good luck

regards worgeordie

[y2k]

My contribution is 1mill. House is in Lampang.

[BookMan]

You just met her??

Why do you have to buy her a house?

[gerry123]

polite people wait for an offer its probably not a request thought up on her own she has family influence by the sound of it

its up to you i suggest you tell her its just you and me other wise you may open a can of very expensive can of worms

make it very clear now its totally up to you with whom you share if that doesn't go down very well

then again up to you remembering when a thai lady says up to you really means they NO LIKE

[y2k]

Initially for her mother and son to live in but it would be ours to use at a later date.

[AnotherOneAmerican]

Tell her to pay the deposit and get the home loan as her part of the bargain.

Then you will make all the monthly payments for the next 25 years as your share.

How generous is that offer!

(Deposit on 1M, about 100k, repayments on 900k over 25y about 7k/month)

[y2k]

  On 6/26/2014 at 12:37 PM, gerry123 said:

remembering when a thai lady says up to you really means they NO LIKE

I've experienced that!

[kevozman1]

I would have thought by now with the internet being so mainstream and Thai ladies reputation proceeding them that posts like this would start to dry up. Seems not.

[y2k]

  On 6/26/2014 at 12:39 PM, AnotherOneAmerican said:

Tell her to pay the deposit and get the home loan as her part of the bargain.

Then you will make all the monthly payments for the next 25 years as your share.

How generous is that offer!

(Deposit on 1M, about 100k, repayments on 900k over 25y about 7k/month)

I find the idea of a 25-year loan frightening. Are there shorter term mortgages?

[y2k]

  On 6/26/2014 at 12:46 PM, kevozman1 said:

I would have thought by now with the internet being so mainstream and Thai ladies reputation proceeding them that posts like this would start to dry up. Seems not.

Be kind I'm new here.

[BookMan]

  On 6/26/2014 at 12:39 PM, AnotherOneAmerican said:

Tell her to pay the deposit and get the home loan as her part of the bargain.

Then you will make all the monthly payments for the next 25 years as your share.

How generous is that offer!

(Deposit on 1M, about 100k, repayments on 900k over 25y about 7k/month)

AOA often gives this piece of advice and I would say that if you must buy the GF/Wife a house, it is one of the best pieces of advice you can get...and use

[y2k]

Is it actually possible to buy a house with two names one being non-Thai (me)?

[AnotherOneAmerican]

  On 6/26/2014 at 12:48 PM, y2k said:

Is it actually possible to buy a house with two names one being non-Thai (me)?

No, go the 25 year loan route.

Paying cash puts her in charge, paying on credit puts you in charge.

You can pay the loan off whenever you like, but it usually isn't a good idea.

Read the Sandman thread "I built her a house and now it's finished, we no longer have sex"

[y2k]

  On 6/26/2014 at 12:57 PM, AnotherOneAmerican said:

  On 6/26/2014 at 12:48 PM, y2k said:

Is it actually possible to buy a house with two names one being non-Thai (me)?

No, go the 25 year loan route.

Paying cash puts her in charge, paying on credit puts you in charge.

You can pay the loan off whenever you like, but it usually isn't a good idea.

Read the Sandman thread "I built her a house and now it's finished, we no longer have sex"

Like.

[BB1950]

  On 6/26/2014 at 12:48 PM, y2k said:

Is it actually possible to buy a house with two names one being non-Thai (me)?

It doesn't matter about the house. The house can be in you or your G/F's name. What matters is the Canute (Land Deed) and no it can't be in your name. But you can have a 30 year lease put on the land which makes it less sellable.

[slipperylobster]

tell her no.

[chiang mai]

  On 6/26/2014 at 1:00 PM, BB1950 said:

  On 6/26/2014 at 12:48 PM, y2k said:

Is it actually possible to buy a house with two names one being non-Thai (me)?

It doesn't matter about the house. The house can be in you or your G/F's name. What matters is the Canute (Land Deed) and no it can't be in your name. But you can have a 30 year lease put on the land which makes it less sellable.

Registering a 30 year lease against a Chanotte doesn't make it any less saleable as long as the lease holder agrees to the sale.

[benalibina]

  On 6/26/2014 at 1:00 PM, BB1950 said:

  On 6/26/2014 at 12:48 PM, y2k said:

Is it actually possible to buy a house with two names one being non-Thai (me)?

It doesn't matter about the house. The house can be in you or your G/F's name. What matters is the Canute (Land Deed) and no it can't be in your name. But you can have a 30 year lease put on the land which makes it less sellable.

When there is a wil, there is a way (around it).

[slipperx]

  On 6/26/2014 at 1:10 PM, chiang mai said:

  On 6/26/2014 at 1:00 PM, BB1950 said:

  On 6/26/2014 at 12:48 PM, y2k said:

Is it actually possible to buy a house with two names one being non-Thai (me)?

It doesn't matter about the house. The house can be in you or your G/F's name. What matters is the Canute (Land Deed) and no it can't be in your name. But you can have a 30 year lease put on the land which makes it less sellable.

Registering a 30 year lease against a Chanotte doesn't make it any less saleable as long as the lease holder agrees to the sale.

Or disagrees and the land owner just forges his signature to cancel the lease and promptly sells it on to the bank. As was said - where there's a will there's a way.

[y2k]

I'm liking the 25-year loan idea more now.

[losworld]

  On 6/26/2014 at 12:22 PM, chiang mai said:

Tell her you don't like houses and buy a condo instead, in your own name, tell her that she can share the condo with you if she wants to move in.

Precisely are you marrying this girl or renting her? If she needs a house to marry you find another girl plenty in Thailand.

[transam]

[Naam]

  On 6/26/2014 at 12:48 PM, y2k said:

Is it actually possible to buy a house with two names one being non-Thai (me)?

no!

[A1Str8]

That's a beautiful thing that you love her but tell her what she already knows very well:

1. You are not Thai therefore Thai customs do not apply to you.

2. You don't have to and are not supposed to buy her anything.

She knows it and now you know it too. No disrespect but the fact that she knows it and still asks for it tells a lot about her.

Sent from my GT-I9500 using Thaivisa Connect Thailand mobile app

[namatjira]

well, would you buy a western girl you just met a house, be a little unusual wouldnt you think......tell her you buy a condo in your name and they can live there...........loves a little like durian fruit, tastes good but after a while it starts to smell, in fact it can really stink.

[y2k]

I hear what you all say and the logical decision would be to say no. But is it that bad a thing to listen to your heart and do what you think you should do and that you know will make her happy?

Am I taking a HUGE risk in doing so?

What risks have you taken and have they paid off?