Premium property for sale agency in Bangkok right now: Foreigners married to a Thai national can’t own land themselves but the Land Department will allow transfer of ownership of the land to the Thai national who is married to a foreigner after a joint statement ‘letter of confirmation’ by the couple stating that the money expended on the land is personal property of the Thai spouse. This procedural requirement is based on a regulation issued by the Ministry of Interior (March 1999), which is based on the principle of section 1472 of the Civil and Commercial Code that if personal property has been exchanged for other property during the marriage (in this case land) that property becomes and remains a personal property, and not a joint marital property between husband and wife. This way the foreign spouse does not obtain ownership rights in the land based on Thai family laws, ‘property between husband and wife’. That is, as a personal property of the Thai spouse, the Thai spouse has sole management of the property (she can sell, encumber the property), and as a non-marital property the real property is not subject to an equitably division between husband and wife upon termination of marriage. Find additional info on 2-bedroom condo in Bangkok.
9asset provides 37,087 lists of Condo for sale in Bangkok province, update August 2023, offered by both owner/s and real estate agents, most of Condos in Bangkok are located at downtown Bangkok city, near universities, international school, shopping mall, hospital and other popular areas, there are many types of Condo for selection, such as studio, 1 bedroom, 2 bedrooms, 3 bedrooms, 4 bedrooms, 5 bedrooms, 6 bedrooms, penthouse, duplex, triplex and loft type, some of them are come with fully furnished, ready to move in, some are standard decoration, perfect layout design with good quality, variety style facilities are provided at common area in each project, such as swimming pool, fitness, Jacuzzi, sauna, steam, 24-hours sercurity, parking, library and multi purpose room, starting price less than 1 million baht, meet the requirement of people who looking for Condo in Bangkok province. owner/ss are enjoy the value and price appreciation after bought Condo, it is a good idea to rent it out to earn passing income as well, also can sell it out after hold for a certain period.
Note that work under the Foreign Employment Act is described very broadly, i.e. working by exercising one’s physical energy or employing one’s knowledge, whether or not for wages or other benefits. The law does NOT define work as doing something in return for financial or any other reward. Working without a valid work permit leads to fines, possible imprisonment and deportation out of Thailand. To be able to legally work in Thailand the foreigner must have a valid visa and a work permit issued in his name. Secondly, foreigners are only allowed to perform work that does not violate the Alien Employment Act (i.e.not engage in work prohibited for foreigners). What the foreigner is allowed to do and where under his work permit is described in the work permit. For example, foreigners working for 2 different companies doing the same work, must have 2 work permits, one for each company.
Renovating improves the house value : When renovating a property it can sometimes be tempting to give heavily advertised ‘miracle cure’ treatments a try, lured by extraordinary claims such as ‘never paint again’, ‘seal leaks for good — instantly’ or ‘the ultimate solution to all roofing problems’. But some of these products can actually be very damaging when applied to older buildings. Spray-on renders and polyurethane foams can block crucial ventilation paths in walls and roofs, and despite claims to the contrary offer virtually zero insulation benefits. Instant damp sealants are rarely effective and can trap damp in walls. Basically, if something sounds too good to be true, it probably is.
Stay Out of Bad Debt: Debt means you owe someone money, and if I’ve learned anything from gangster movies, you NEVER want to owe someone money. However, not all debt is necessarily bad debt. So, what is bad debt? Bad debt is any debt that’s acquired through purchasing something that’s going to lose value and generate zero revenue. Some examples of bad debt would be credit card debt or an auto loan. What is good debt? Some people will say there’s no such thing as good debt, and while I mostly agree, I also can’t deny that some debt can be beneficial in the right circumstances. For example, if you are going to take out a loan to purchase something that will benefit you financially in the future, I’d say that debt is a lot more beneficial than credit card debt. Good debt usually has lower interest rates as well. Here are a few examples: Student loans. Since student loans typically have a very low-interest rate and going to school can increase your pay as an employee in the future, student loans can be considered good debt.
When looking at homes, you should seriously consider ignoring paint and landscaping. These are two items that are easy to fix, and they should not impact your decision making when purchasing a house. If the home has a terrific location and the paint/landscaping is poor you shouldn’t rule it out, you have to be able to envision what the house will look like when you move in and make changes. A lot of time buyers will not be able to overlook paint or landscaping and this gives an opportunity for others who know how easy it is to fix. Location is something you can’t change, paint and landscaping is something you can.
Once you select a lender, you should speak with a loan officer as quickly as possible. At this point, there is one thing you should know. Pre-qualifying means absolutely nothing. All pre-qualifying does is determine the amount of the loan you could qualify for based on factors such as your credit, salary, etc. It does not guarantee that a lender will actually loan you the money. It’s more important to get PRE-APPROVED. Pre-approval means that your application has been submitted to a lender who is willing to extend you a specific loan amount, pending a property and appraisal. Being pre-approved lets you know that you won’t be denied for a loan, and it also provides you with leverage to negotiate the purchase price of a home with the seller.
Today’s buyers are very educated about comparable sales in your home’s area. You want your home to look like it is a great deal. In order to compete with other sellers, you should have your Realtor provide you with sales prices for similar homes that have already been sold in your area. Find out what your home is worth and then set your selling price 15% to 20% lower. By doing so, you will get multiple bids and more than likely end up with a bidding price that is well over what your home is worth.
Here are several real estate tips: Lastly, take a moment to ensure you actually want to buy a home as opposed to continuing to rent. I constantly hear the old “throwing away money on rent” line and it never gets old. Then I proceed to fantasize about renting with not a care in the world. Are you sure you’re throwing away money on rent? Renting can be pretty awesome. You don’t pay property taxes, homeowners insurance, HOA dues, PMI, or mortgage interest. And you can leave whenever you want. That sounds like a sweet deal too. Oh, and if anything goes wrong, you can just call your landlord or property management company. With a home, the problem is yours, and yours alone to deal with. Broken water heater? You’re paying thousands out of pocket, not the landlord. See more information on https://www.9asset.com/.