Thread: Sell up and then?

Wife just came back from eating noodles in village..
Was approached by some guy asking if we want to sell house and farm ..wife threw out 18mbt.
Guy was not phased and took her number....
hmmm how to do?... think it came to fruition would move us back to Oz FNQ
won't hold my breath though...lol

Probably an agent, they get hired by a buyer looking for land etc
Buyer tells them what he is after, size, area etc, guy goes around getting prices.

Reports back and if the buyer is interested he comes and looks. Negotiations on price then start, or if it's a big player they ID a few properties and set a price.

Good luck and you never know how much something is worth to the other guy. Seen a few deals done out here and couldn't believe what some BKK people were willing to pay for the right location. Jim

Find out if there is a new highway coming through or airport going in your area. The speculators could be out scouting, knowing the property value will increase quickly.

Grabda muny an run!!!!!

(PS,....don't tell any one!!!!!)

Hold out!

He knows they are going to build a Tesco Lotus there and will pay ten times that for the land...

Originally Posted by Smug Farang Bore

Hold out!

He knows they are going to build a Tesco Lotus there and will pay ten times that for the land...

Funny you should say that, Tesco came to my nearest town last year.
Everyone knew they were coming, but not where they would build, but there is only one road and it would have to go either as it entered town or left town.
The speculators were out in no time buying land, where they thought it would go. Crap rice land when up to prime real estate prices overnight. Jim

Tesco Lotus open a shop where I live but never bought the land. They rent the land but built a brand new store on it. I'd have thought better to buy?

Originally Posted by crepitas

Wife just came back from eating noodles in village.. Was approached by some guy asking if we want to sell house and farm ..wife threw out 18mbt. Guy was not phased and took her number....

They did this in the village where I live a number of years ago. It was at the time transmitting towers were going up everywhere. People were coming around claiming that for a small donation a word could be in the right ear and a transmitter could be put on their land. A few got caught out.

Thais don't give away money... They are sneaker farkers, so reread post #6...

But, they are also murderous farkers, so if you don't take the money you'll be joining the fish thread; which, to be fair, is a classic...

Originally Posted by jamescollister

Originally Posted by Smug Farang Bore

Hold out!

He knows they are going to build a Tesco Lotus there and will pay ten times that for the land...

Funny you should say that, Tesco came to my nearest town last year.
Everyone knew they were coming, but not where they would build, but there is only one road and it would have to go either as it entered town or left town.
The speculators were out in no time buying land, where they thought it would go. Crap rice land when up to prime real estate prices overnight. Jim

remember someone in Florida telling me about the Disneyworld project..everything very hush hush hush and under the table till the first earth turned on the selected swamp land.

Actually lots of development within 7 km of her property, lots new building everyplace alongside new 4 lane of hwy 4 Krabi to Trang thru the one time village ..already have Lotus express, 711, new pharmacy, three banks, computer store etc There is a big something or other going up on a few cleared rai too. Back-hoes and concrete trucks everyplace. All the roads/tracks in our area are being upgraded.
Head man told our village meeting last week that Chanote survey coming soon ..lol
That is probably at the crux?
Mil had her 2/3 rai house and fruit farm just outside a town toward Krabi surveyed and is now Chanote and they put up a nice blue soi name pole too..SIL bought it for her for 1m ..she was immediately offered 3m two year ago...she ain't selling of course.

hey no rush....interesting times...

Originally Posted by jamescollister

Originally Posted by Smug Farang Bore

Hold out!

He knows they are going to build a Tesco Lotus there and will pay ten times that for the land...

Funny you should say that, Tesco came to my nearest town last year.
Everyone knew they were coming, but not where they would build, but there is only one road and it would have to go either as it entered town or left town.
The speculators were out in no time buying land, where they thought it would go. Crap rice land when up to prime real estate prices overnight. Jim

Only B18,000,000...

Conniving bastards.

Unless, of course, it's a couple of mansions with a few thousand rai.

Actually on Chang powered reflection and discussions with the land and house owner ie the wife..
Really don’t think we will budge from what many would see as an idyllic location and lifestyle.
Okay, small but comfortable concrete house, a nice view ,many fruit trees just coming on line,rubber which brings in a tidy income and all her flowers and orchids etc which we have spent hours tending.

Not that far from major Asian cities or even Oz, Phuket etc for R&R/holidays…
So Naaa..if we ever got chanote would be good for loans should we need (ie this old fart needs new bits) maybe dig that fishing/swimming lake too?
Me and the wife have worked too frickin hard over the last 9 years on making a nice home, garden ,improving our farm etc to walk away…. at any price…
So there it is..one less thing to interrupt my sitting in the shade of orchids etc and getting blotto….lol
I guess when one gets older needs and wants tend to be somewhat diminished and appreciation for the simple stuff increases?

^ ...

Originally Posted by crepitas

Actually on Chang powered reflection and discussions with the land and house owner ie the wife.. Really don’t think we will budge from what many would see as an idyllic location and lifestyle. Okay, small but comfortable concrete house, a nice view ,many fruit trees just coming on line,rubber which brings in a tidy income and all her flowers and orchids etc which we have spent hours tending.

If you are not in a hurry to sell, or even want to sell, then sit tight and see what develops.

Sell quick. The real estate bubble is about to burst in Never Never Land!!

Originally Posted by chitown

Sell quick. The real estate bubble is about to burst in Never Never Land!!

Interesting comment. Here in our bit of Isaan real estate development is racing ahead. Prices are rising for everything but most people's source of income, agricultural products. ASEAN's AEC startup in 2015 or not, I fail to see how it is all going to get paid for. Confidence levels soaring on the wings of rocketing personal debt levels.
Dangerous days as I see them. How can all this new retail floor space make any return when the customer base is still largely subsistence farmers? I suppose it has to be renting the shops to finance companies and loan sharks!
I suppose that shouldn't worry most westerners living here too much assuming their overseas retirement incomes don't just evaporate as their home economies melt down.
I got a pretty hard smack when I "retired" in 2008 but this reminds me too much of 1997 when S.E.Asia imploded. But this time it is global.

Originally Posted by crepitas

to Oz FNQ

600K won't buy very much in cairns - was looking at new builds just north of trinity beach in 2010 that they wanted 400k for - insane ( house was probably 100k and they value the land at 300 )

Originally Posted by crepitas

Really don’t think we will budge from what many would see as an idyllic location and lifestyle.

Originally Posted by IsaanAussie

Originally Posted by chitown

Sell quick. The real estate bubble is about to burst in Never Never Land!!

Interesting comment. Here in our bit of Isaan real estate development is racing ahead. Prices are rising for everything but most people's source of income, agricultural products. ASEAN's AEC startup in 2015 or not, I fail to see how it is all going to get paid for. Confidence levels soaring on the wings of rocketing personal debt levels.
Dangerous days as I see them. How can all this new retail floor space make any return when the customer base is still largely subsistence farmers? I suppose it has to be renting the shops to finance companies and loan sharks!
I suppose that shouldn't worry most westerners living here too much assuming their overseas retirement incomes don't just evaporate as their home economies melt down.
I got a pretty hard smack when I "retired" in 2008 but this reminds me too much of 1997 when S.E.Asia imploded. But this time it is global.

I'd have to agree with you, Isaan Aussie. I fail to understand how everything is going to be paid for when it appears that the people in my part of Isan buying these consumables that are necessary to Thais (cars, phones, ipods, ipads, ipuds, and ipyds) are farmers, young middle class couples, students, and/or unskilled and inexperienced workers, all, I assume, on mininal incomes.

Originally Posted by crepitas

Actually on Chang powered reflection and discussions with the land and house owner ie the wife..
Really don’t think we will budge from what many would see as an idyllic location and lifestyle.
Okay, small but comfortable concrete house, a nice view ,many fruit trees just coming on line,rubber which brings in a tidy income and all her flowers and orchids etc which we have spent hours tending.

Not that far from major Asian cities or even Oz, Phuket etc for R&R/holidays…
So Naaa..if we ever got chanote would be good for loans should we need (ie this old fart needs new bits) maybe dig that fishing/swimming lake too?
Me and the wife have worked too frickin hard over the last 9 years on making a nice home, garden ,improving our farm etc to walk away…. at any price…
So there it is..one less thing to interrupt my sitting in the shade of orchids etc and getting blotto….lol
I guess when one gets older needs and wants tend to be somewhat diminished and appreciation for the simple stuff increases?

A wise decision , If you are not desperate for the money why sell?, it seems you have found your little niche in life with your good lady ,and what you have is priceless IMHO

Originally Posted by bobforest

I'd have to agree with you, Isaan Aussie. I fail to understand how everything is going to be paid for when it appears that the people in my part of Isan buying these consumables that are necessary to Thais (cars, phones, ipods, ipads, ipuds, and ipyds) are farmers, young middle class couples, students, and/or unskilled and inexperienced workers, all, I assume, on mininal incomes.

Yeah, but they take care of this new "face making" stuff. Don't take it anywhere near the earthware pot of water and the dipper when they shower, or leave it in the smoke plume coming off the charcoal cooking bucket out under the tree. Definitely leave it in the big empty room in the 2M baht lounge room next to the 40 inch plasma telly.
Still if the wheels fell off the economy, the factory jobs would go, so would the repayments and the toys, and everyone would come home to the village and eat rice and in-season beetles. Who needs money?

Originally Posted by IsaanAussie

Originally Posted by bobforest

I'd have to agree with you, Isaan Aussie. I fail to understand how everything is going to be paid for when it appears that the people in my part of Isan buying these consumables that are necessary to Thais (cars, phones, ipods, ipads, ipuds, and ipyds) are farmers, young middle class couples, students, and/or unskilled and inexperienced workers, all, I assume, on mininal incomes.

Yeah, but they take care of this new "face making" stuff. Don't take it anywhere near the earthware pot of water and the dipper when they shower, or leave it in the smoke plume coming off the charcoal cooking bucket out under the tree. Definitely leave it in the big empty room in the 2M baht lounge room next to the 40 inch plasma telly.
Still if the wheels fell off the economy, the factory jobs would go, so would the repayments and the toys, and everyone would come home to the village and eat rice and in-season beetles. Who needs money?

Hmm, An astute insight on "Village life",My compliments, I deduce you have lived here for quite some time?, if you haven't you certainly appear to have learned a lot !

Yes I've been here for a while. But still got a lot to learn and even more to adapt to if that is ever possible. Rural Thai people are a whole different ball of wax to the urban population. Just ask anyone who moves up here! Recessions and possessions mean little here, get fat after harvest and lean off before harvest. Life is to be lived, don't think too much. Buddha or the ancestors will take care of tomorrow.

I had a Thai tell me yesterday that Asian was going to institute a similar single currency, same as the EU. I just laughed.

Originally Posted by ltnt

I had a Thai tell me yesterday that Asian was going to institute a similar single currency, same as the EU. I just laughed.

Did you not tell him it was a great idea ,judging by what a rip roaring success it had been in Eurabia