Thread: At least they have a Chanote

Check this out.

Welcome to KASIKORNBANK

Going to need something more than that.

Hillbilly, what's your interpretation of "Chanote"?

A chanote basically is the title for the home.

Go to the above website and search the real estate section. Lot's of stuff for sale.

Sorry, I should have put this thread in the forum above.

They are not all Chanote titles if you look at the ownership document section and the same properties have be there for many months, if not years.

don't start me up, wife looks at this weekly,''buy this buy that'' . most banks have one.

many slow moving Property's, many vacant Houses, Bank reposesions etc,

may be the reason I'm still working?

One thing that I cannot figure out is the vacant land properties for sale. In my experience a Thai bank will not loan money on just the land alone.

How does a Thai bank end up with so many vacant land properties for sale?

Originally Posted by hillbilly

How does a Thai bank end up with so many vacant land properties for sale?

Security against a loan for a new truck.

^ Same here. Used mrs. vacant land for new car loan security.

Did not know that. Learn something new everyday in the LOS.

From the bank's viewpoint it does make sense.

Some properties were listed at 40 million baht and above. How does this happen?

Dont know, but the wife will like to check this out. She is in the market. Thanks.

Krung Thai do similar on market day with "estate agent/realtor ads on boards outside the bank,few bargains according to the locals with derelicts 200k up

we bought our shophouse through the bank; they had around 6 properties in the same Soi, although only on other double size

all a good price and negotiable

they are now selling for around 40% more and up

Originally Posted by hillbilly

A chanote basically is the title for the home.

yes, but there are several grades, the Chanote being the full title

Title Deeds in Thailand | Property Services in Thailand

Originally Posted by hillbilly

Some properties were listed at 40 million baht and above. How does this happen?

The bank manager can never admit to a mistake.
If the property is worth 2 million and has 10 million outstanding on the loan then he will want to sell it for 10 million.
I spent two years pissing about with stupid bank managers until I found a sensible one and bought a house.

the bank we dealt with had a very nice agent who was helpful and sometimes phoned us to tell us about anything new on the market

we never talked to any manager

My married life was based on a small single detached bungalow my wife bought at auction. Dont know about now, but then it was the start to having some nice properties.

We started with a smallish wooden house in the old city centre of Chiang Mai

we renovated it and replaced most of the wood (termites!), put in a new kitchen and bathrooms

We are letting it out now although considering selling it