Relax. More dangerous than you think!!
This post talks about "buying an installment home straight with the owner," which seems to be easy, does not require a bank loan, but is actually very risky, especially for people who do not read the contract thoroughly.
Summary of key points from images and posts:
• Homeowners to be straightforward (not through the bank)
• Interest may be higher than banks (some cases 4.5-6% or more).
• There are some where the "owner took the documents to a mortgage," causing the installer to be unknowingly seized.
• And some contracts "cut very few trees" more than a hundred baht a month, paid in tens of thousands.
The danger of direct instalment:
1. ❌ No bank protection contract.
If the landlord replaces the mortgage, you may lose your rights despite the installment.
2. 💰 Interest is unclear.
In many cases, Flat Rate makes it much more expensive to pay than banks.
3. 🧾 Credit can not be verified.
Some people get changed terms later, such as blossoms or a down payment.
4. ⚖️ The law is not as protective as loan contracts with financial institutions.
Advice if wanting to relax directly:
• Request to see "non-mortgage deed"
• Make a "contract to buy, sell" that clearly states the terms.
• Do "forensics trading" in the presence of the land officer when the installment is complete.
• Or use "Lawyer / Property Counsel" to check the documents before signing.







































































































