Ask the right questions to avoid costly litigation.
STEP 2: CONSULTING A LAWYER IN THAILAND
Buying any Real Estate in Thailand be it a house or a condo requires the services of a reputable law firm. Once you have decided which real estate you are going to purchase, always consult a lawyer before signing any documents. The following would be checked amongst other property services:
Each year many people come here to enjoy their holidays in the comfort of a second home or their most treasured property investment in Thailand. See the excellent articles on Financing for Foreigners in Thailand.
Obtaining a mortgage to finance your purchase of property in Thailand is possible.
There are currently two banking institutions which provide mortgage bonds to foreigners. They are Bangkok Bank and United Overseas Bank (UOB). These mortgage bonds are concluded 'off-shore' at their Singapore branch.
The home loans they provide to foreigners are based in foreign currencies. Your home loan/mortgage bond would be provided in either Japanese Yen, Euro or US Dollar. The interest rates also vary with each currency. See the section on Mortgage Bond for Foreigners in Thailand by UOB and Home Loans for Foreigners by Bangkok Bank. Also check their conditions set for their loans as to how to obtain a mortgage bond in Thailand for yourself.