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

After paying off their mortgage for a certain period, many homeowners reach a point where they yearn to fast-track their journey to debt-free homeownership. In their quest for a quicker path, one strategy that captivates their attention is ‘home refinancing,’ a well-known method among individuals. However, the realm of refinancing…

As your family expands or you stumble upon a new home that steals your heart away, the longing to sell your old house and embrace a fresh start becomes irresistible. But did you know that this exciting transition can also bring unexpected cost savings in the form of potential tax…

The aspect of selling property in Thailand as a foreigner is an exhilarating prospect to many, but amidst the palm-fringed beaches and vibrant marketplaces lies a maze of tax regulations waiting to be deciphered. In this all-encompassing guide, we navigate through the twists and turns of the Thai tax maze…

Welcome to the world of homeownership, where dreams come to life and memories are made. But before you embark on this exciting journey, there’s an essential step that can make all the difference: getting preapproved for your home loan. Preapproval is like the golden ticket that opens doors to a…

If you’ve ever wondered how to transform your dream of owning a home into a tangible reality, you’ve come to the right place. Today, we’ll demystify the concept of down payments and explore the plethora of options available to you. A down payment serves as the magical key that opens…

Beyond Theory and Experience: The Psychology Behind Successful Real Estate Sales. Discover the four essential principles shared by PropertyScout today. Implementing these principles is your key to making selling real estate a breeze! Loss Aversion Loss Aversion: The First Psychological Principle to Consider. Many people fear missing out on the…

Have you ever found yourself in a dilemma when it comes to purchasing a high-ticket item or property? The decision between paying in cash or opting for installment payments can be a tough one to make. On one hand, paying in cash may give you a sense of financial security…

What is Credit? Credit is an opportunity in which the applicant can obtain a lump sum for expenses and then repay the credit according to the contractual schedule. Credit applications are frequently requested from financial institutions or banks. According to the regulations that apply to the applicant How many type…

The Floating Rate is interest rate on a loan that varies according to the cost of the financial institution. The interest rate is adjusted according to the economy, according to what financial institutions occasionally announce, such as the reference rate of various commercial banks. Financial institutions charge three types of…

A fixed rate is the interest rate on a loan that is set by the lender. The interest rate set by a specific number does not change in response to the financial institution’s costs. For example, if 7% interest is paid for four years, the debtor will be charged a…