y2k Posted June 26, 2014 Share Posted June 26, 2014 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? Link to comment Share on other sites More sharing options...
Popular Post chiang mai Posted June 26, 2014 Popular Post Share Posted June 26, 2014 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. 55 Link to comment Share on other sites More sharing options...
Popular Post up-country_sinclair Posted June 26, 2014 Popular Post Share Posted June 26, 2014 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. 9 Link to comment Share on other sites More sharing options...
Popular Post varese Posted June 26, 2014 Popular Post Share Posted June 26, 2014 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. 19 Link to comment Share on other sites More sharing options...
Popular Post worgeordie Posted June 26, 2014 Popular Post Share Posted June 26, 2014 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 3 Link to comment Share on other sites More sharing options...
y2k Posted June 26, 2014 Author Share Posted June 26, 2014 My contribution is 1mill. House is in Lampang. Link to comment Share on other sites More sharing options...
Popular Post BookMan Posted June 26, 2014 Popular Post Share Posted June 26, 2014 You just met her?? Why do you have to buy her a house? 9 Link to comment Share on other sites More sharing options...
gerry123 Posted June 26, 2014 Share Posted June 26, 2014 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 2 Link to comment Share on other sites More sharing options...
y2k Posted June 26, 2014 Author Share Posted June 26, 2014 Initially for her mother and son to live in but it would be ours to use at a later date. 2 Link to comment Share on other sites More sharing options...
Popular Post AnotherOneAmerican Posted June 26, 2014 Popular Post Share Posted June 26, 2014 (edited) 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) Edited June 26, 2014 by AnotherOneAmerican 27 Link to comment Share on other sites More sharing options...
Popular Post y2k Posted June 26, 2014 Author Popular Post Share Posted June 26, 2014 remembering when a thai lady says up to you really means they NO LIKE I've experienced that! 3 Link to comment Share on other sites More sharing options...
Popular Post kevozman1 Posted June 26, 2014 Popular Post Share Posted June 26, 2014 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. 15 Link to comment Share on other sites More sharing options...
y2k Posted June 26, 2014 Author Share Posted June 26, 2014 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? Link to comment Share on other sites More sharing options...
y2k Posted June 26, 2014 Author Share Posted June 26, 2014 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. Link to comment Share on other sites More sharing options...
Popular Post BookMan Posted June 26, 2014 Popular Post Share Posted June 26, 2014 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 7 Link to comment Share on other sites More sharing options...
y2k Posted June 26, 2014 Author Share Posted June 26, 2014 Is it actually possible to buy a house with two names one being non-Thai (me)? Link to comment Share on other sites More sharing options...
Popular Post AnotherOneAmerican Posted June 26, 2014 Popular Post Share Posted June 26, 2014 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" 9 Link to comment Share on other sites More sharing options...
y2k Posted June 26, 2014 Author Share Posted June 26, 2014 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. 1 Link to comment Share on other sites More sharing options...
BB1950 Posted June 26, 2014 Share Posted June 26, 2014 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. Link to comment Share on other sites More sharing options...
Popular Post slipperylobster Posted June 26, 2014 Popular Post Share Posted June 26, 2014 tell her no. 5 Link to comment Share on other sites More sharing options...
chiang mai Posted June 26, 2014 Share Posted June 26, 2014 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. Link to comment Share on other sites More sharing options...
benalibina Posted June 26, 2014 Share Posted June 26, 2014 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). 2 Link to comment Share on other sites More sharing options...
slipperx Posted June 26, 2014 Share Posted June 26, 2014 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. Link to comment Share on other sites More sharing options...
Popular Post y2k Posted June 26, 2014 Author Popular Post Share Posted June 26, 2014 I'm liking the 25-year loan idea more now. 4 Link to comment Share on other sites More sharing options...
Popular Post losworld Posted June 26, 2014 Popular Post Share Posted June 26, 2014 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. 9 Link to comment Share on other sites More sharing options...
Popular Post transam Posted June 26, 2014 Popular Post Share Posted June 26, 2014 5 Link to comment Share on other sites More sharing options...
Naam Posted June 26, 2014 Share Posted June 26, 2014 Is it actually possible to buy a house with two names one being non-Thai (me)? no! Link to comment Share on other sites More sharing options...
Popular Post A1Str8 Posted June 26, 2014 Popular Post Share Posted June 26, 2014 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 7 Link to comment Share on other sites More sharing options...
Popular Post namatjira Posted June 26, 2014 Popular Post Share Posted June 26, 2014 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. 6 Link to comment Share on other sites More sharing options...
y2k Posted June 26, 2014 Author Share Posted June 26, 2014 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? 1 Link to comment Share on other sites More sharing options...
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