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A cautionary tale about buying a house with cash, the previous owner did not transfer the money and lost millions.

Last updated: 15 Jan 2025
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You can consult about loans every day, Monday-Sunday, 8:30-20:00, Thai time. A woman tells a cautionary tale about buying a house with
cash. The previous owner did not transfer the money. In the end, she lost a million baht!


A woman complained to the Memphodam page that she bought a house with cash, but the previous owner refused to transfer the money, causing her to lose millions and live a normal Ife as if nothing happened

On December 6, 2017, the Facebook page Maem Pho Dam posted a story from a victim who sent in a warning to serve as an example for those who want to own a house and are thinking of buying a house with cash, to be careful and not to fall victim like

here

The house was purchased with cash and a contract was made with someone claiming to be the project owner. The project owner said that if the purchase was made with

cash, construction could be started and the transfer could be made immediately when it was completed, no problem. However, half had to be paid first in order to expedite construction to completion on the agreed upon date. The victim paid 1 million baht and paid for built-in furniture, approximately 700,000 baht, with a clear contract specifying the transfer date.

But when the day of transfer came according to the contract, the project owner claimed that his house was built close to someone else's land without permission to build close to the area, so he asked for time to clear up the problem first and made an attached contract specifying a new transfer date. And after that, he was constantly put off transferring until the owner himself found out the truth later that the house could not be transferred

Therefore, when asked for the truth, the answer was that the mortgagee and the project owner were in business together, building houses. We sell together, but when there is a problem, we blame each other for 2 years. I gave them a chance to clear up the problem, but they didn't. As a result, the project owner did not really think about solving the problem, but kept lying. He spoke well and had a good story, but deceived everyone.

 

You can consult about loans every day, Monday-Sunday, 8:30-20:00, Thai time.


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