Naam Posted April 14, 2017 Share Posted April 14, 2017 1 hour ago, Jeffrey346 said: What is unrealistic? It's in every mortgage contract. i did not refer to a contract but to reality. Link to comment Share on other sites More sharing options...
Jeffrey346 Posted April 15, 2017 Share Posted April 15, 2017 18 hours ago, Naam said: i did not refer to a contract but to reality. I'll tell you about reality. They did it to my wife. They sold her house and demanded the full mortgage balance. Link to comment Share on other sites More sharing options...
Jimbob1 Posted April 16, 2017 Share Posted April 16, 2017 Rent the house out and use the money to keep paying out the house and that way you could keep the place for sale and let your tenants know the arrangements under a lease agreement. That way the bank would be happy and she doesn't loose her investment. Link to comment Share on other sites More sharing options...
graeme64 Posted April 17, 2017 Share Posted April 17, 2017 On 4/12/2017 at 1:00 PM, Gulfsailor said: I dont think it works in Thailand like it works in the US, where one can just abandon the property and walk away. Here the bank would repossess through court and then auction off the property. One would still be liable for the remaining debt (auction price - mortgage amount - court fees - bank fees). Just curious - what would happen in the US - as what you have described is pretty much exactly what I would expect to happen in Oz and UK. ?? Link to comment Share on other sites More sharing options...
Khun Jean Posted April 20, 2017 Share Posted April 20, 2017 Don't be intimidated by neighbours. Do what needs to be done. Police, Puyai Bahn (Village Headman), some money and it will be solved. If you not show some backbone then some people will just walk all over you. Link to comment Share on other sites More sharing options...
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