Real Estate Financial Glossary: The Thailand-specific Terms You Need to Know to Rent or Buy Your Dream Property

Are you thinking about investing in property in Thailand? Well, you’re in for an exciting journey! One important thing to understand is Net Operating Income, or NOI for short. NOI can make your property investment in Thailand worthwhile. In simple terms, it’s the money your property makes after covering all…

In this modern era of urban living, both condominiums and houses are overseen by legal entities to ensure shared properties remain in optimal condition and operational. To uphold the collective advantages enjoyed by all owners, there are costs linked to the maintenance of these shared assets. These encompass security fees,…

You might be familiar with the concept of a credit bureau, which acts as a repository for our financial history, documenting various credit-related transactions we’ve been involved in. When we contemplate important financial endeavors such as applying for a home loan, purchasing a car, or obtaining a credit card, financial…

Prospective buyers are deeply concerned about whether there are discrepancies in installment plans when acquiring a brand new or a second-hand condo. To address this, PropertyScout has meticulously compiled essential information to present to you. Prepare for enlightening insights in our discussion ahead! Pros: Buying a Brand-New Condo Pros: Buying…

Life is a journey filled with uncertainties, where unexpected events can disrupt even the best-laid plans. The dreams we envisioned sharing with our loved ones may be altered by unforeseen circumstances. Yet, amidst the challenges, some responsibilities persist, like “syndicate home loans” – a significant, long-term commitment. If co-borrowers set…

Thinking about real estate investment and considering expanding your portfolio or purchasing two houses at once? The prospect of financing two properties simultaneously can raise some doubts, particularly if you still have an existing mortgage. In this blog post, PropertyScout offers valuable insights and guidance to shed light on the…

When it comes to achieving a higher quality of life, embracing the idea of taking on debt might be necessary. For instance, obtaining a mortgage to secure your dream home is often an essential step on the path to homeownership. Contrary to popular belief, being in debt doesn’t have to…

Keeping a close eye on financial matters is crucial, especially for investors. One term that frequently arises is “inflation,” a significant concern with direct implications for our financial well-being. However, the true meaning of inflation remains elusive for many. Today, PropertyScout aims to shed light on this concept, offering valuable…

As homeowners prepare to rent out their property, one of the biggest challenges they face is determining the ideal rental price. Striking the right balance between attracting tenants and avoiding financial losses is crucial. However, calculating the optimal house rent involves more than simply picking a number out of thin…

Did you know that your home holds the key to financial security and abundance during your retirement years. Imagine unlocking the hidden wealth within your property, transforming it into a powerful tool that can provide you with the freedom and peace of mind you deserve. In this blog post, we…