SDB Club Benchmark Real Estate

If you are a homeowner in Phuket who was lucky enough to buy when mortgage rates were low in Phuket, you may have no interest in refinancing your present loan. But perhaps you bought your Phuket home when rates were higher or perhaps you have an adjustable rate loan and would like to obtain different [...]

No bank in Phuket wants to foreclose on a mortgage. Foreclosure costs the banks in Phuket more money than they can make back from the foreclosure sale. Therefore, lenders in Phuket do not foreclose in order to make money, but only reluctantly as a way of limiting losses on a defaulted loan on a property [...]