Seller Finance Information


This is obviously a very slow market for Real Estate sales here in Thailand. We are approached daily by some owners to discuss other alternatives to sell their property. It is really not that complicated in Thailand; however I recommend everyone to have an attorney (competent) to review the details of any purchase they make, or any seller financing that is offered. Both parties must be secured in case of default by either party. Below are some highlights of how to approach Seller Financing here in Thailand.

Here are a few bullet points to consider for buyers and sellers on owner financing:


Why should a seller offer financing?

Better Sales Price.

More appealing to broader customer base.

A better return than leaving money in the bank.

A potentially Quicker Sale than a full cash sale, if there were the choice.

Why a buyer should ask for seller financing?

Current market interest rates are lowest in 10 years.

Does not tie up all invest able cash into one asset, allows buyer to diversify into other investments that offer good returns.

Gives buyer time to sell other assets and either pay off mortgage early, or keep current assets to assist in payments on the loan.

Flexible time period with a fully or partially amortized loan can be negotiated between buyer/seller to suit both their needs.

How seller financing is usually secured and how both buyer and seller can be benefited.

Mortgage and personal guarantee from the buyer.

Mortgage is recorded on chanote just like a bank would record a mortgage.

Provisions in the mortgage are made for default by either the buyer or the seller if either should default in their obligations to each other.

Offering seller financing puts the seller in a stronger position to get a better price and a faster sale. Buyers nearly always ask for seller financing, and their advisors normally strongly recommend it. Seller financing acts like a bond for performance to assure that the seller will live up to the promises made to the buyer during the financing period.

Seller financing is seen by most buyers as an indication that the seller has faith in the future of the property. Buyers can expect, however, that sellers who offer seller financing must also act a lot like a bank. A buyer can expect to be asked to secure the loan with a mortgage and sign a personal guaranty, and record the mortgage on the chanote at the time of title transfer.


Any further questions, please Contact: Bobby@bobbybrooks.com