marcusarelus Posted April 25, 2019 Share Posted April 25, 2019 I had a good day. Wife renegotiated the mortgage at CIMB to 3.25% interest. House will be paid off in 3 years instead of 5. Link to comment Share on other sites More sharing options...
dotpoom Posted April 26, 2019 Share Posted April 26, 2019 Well done to she and good luck. Link to comment Share on other sites More sharing options...
UnkleGoooose Posted April 26, 2019 Share Posted April 26, 2019 So she'll own it a little bit faster then. Link to comment Share on other sites More sharing options...
watcharacters Posted April 26, 2019 Share Posted April 26, 2019 I recall when my friend one day got a lawyer letter "out of the blue" from his wife telling him he had 30 days to vacate her house. He paid for the house and complied with the demand. Link to comment Share on other sites More sharing options...
kevin612 Posted April 26, 2019 Share Posted April 26, 2019 It is good if you own the house, unfortunately only Thai can own a house. Link to comment Share on other sites More sharing options...
geoffbezoz Posted April 26, 2019 Share Posted April 26, 2019 1 minute ago, kevin612 said: It is good if you own the house, unfortunately only Thai can own a house. incorrect. Only Thai's can own land. Link to comment Share on other sites More sharing options...
maxcorrigan Posted April 26, 2019 Share Posted April 26, 2019 2 minutes ago, kevin612 said: It is good if you own the house, unfortunately only Thai can own a house. I don't that's true you can own a house but not the land it sits on! Link to comment Share on other sites More sharing options...
marcusarelus Posted April 26, 2019 Author Share Posted April 26, 2019 24 minutes ago, kevin612 said: It is good if you own the house, unfortunately only Thai can own a house. I wanted to give my wife something without jeopardizing my retirement. I paid her the money I would have paid to rent the house and she has gotten the mortgage and negotiated the interest payments so that it will be paid off in 3 years. I will continue to pay her rent after the house is paid for and she can use the money to go back to school and get her masters in finance or stop working for the corporation she now works for and open up an office as a broker. Up to her. It's nice to give a house to a person I like for a change. BTW I can own the house but not the land but I don't. Link to comment Share on other sites More sharing options...
jgarbo Posted April 26, 2019 Share Posted April 26, 2019 44 minutes ago, geoffbezoz said: incorrect. Only Thai's can own land. Correct. The farang can own the house but the Thai owns the land, ie right of entry. Be very polite to the wife. Link to comment Share on other sites More sharing options...
marcusarelus Posted April 26, 2019 Author Share Posted April 26, 2019 7 minutes ago, jgarbo said: Correct. The farang can own the house but the Thai owns the land, ie right of entry. Be very polite to the wife. I'm always polite. When I yell I go in the bedroom and close the door. And during the day mostly talk to the dog. Link to comment Share on other sites More sharing options...
Khaeng Mak Posted April 26, 2019 Share Posted April 26, 2019 A lot can happen in 3 years in Thailand. Link to comment Share on other sites More sharing options...
marcusarelus Posted April 26, 2019 Author Share Posted April 26, 2019 1 minute ago, Khaeng Mak said: A lot can happen in 3 years in Thailand. I've been here for 20 and a lot can happen in 20 years too.???? Link to comment Share on other sites More sharing options...
Suradit69 Posted April 26, 2019 Share Posted April 26, 2019 6 hours ago, watcharacters said: I recall when my friend one day got a lawyer letter "out of the blue" from his wife telling him he had 30 days to vacate her house. He paid for the house and complied with the demand. I recall when Jeff Bezos got a "lawyer letter" telling him his wife wanted to be his ex-wife. She'll end up worth about $35 billion. He complied. Not sure what my post or yours has to do with the this thread. Apparently Marcusarelus has a happy marriage and his wife got a good deal for them both. Not every Thai has some sinister plan at work and not every farang is a pigeon waiting to be plucked. It's too bad that whenever someone wants to share good news on TV that some people feel compelled to rush forward with their doom and gloom world view. Link to comment Share on other sites More sharing options...
DJ54 Posted April 26, 2019 Share Posted April 26, 2019 Congratulations on you and your wife enjoy the time together and the world is your doorstep.... Enjoy! Link to comment Share on other sites More sharing options...
rickudon Posted April 27, 2019 Share Posted April 27, 2019 Other way round for me ..... the bank renegotiated the mortgage with my wife (actually mortgage probably her parents) instead of about 110 years (she was only paying about 250 baht a month more than the interest) we now pay about 900 baht more than the interest ..... only about 25 years then ...... does mean the wife has to think twice about kicking me out, as then she would have to pay it all! Link to comment Share on other sites More sharing options...
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