P. 1
Housing Finance Mechanisms in Thailand

Housing Finance Mechanisms in Thailand

|Views: 403|Likes:
The report sets the Thai economy as a background for examining the housing finance system. It looks at the real estate market and housing market; the evolution of housing development and housing market.
The report sets the Thai economy as a background for examining the housing finance system. It looks at the real estate market and housing market; the evolution of housing development and housing market.

More info:

Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

03/26/2014

pdf

text

original

Credit foncier companies fi nance the pur-
chase of real estate (land, housing units,
condominiums). The fi nance of these credit
foncier companies works the following
way:

It lends money on the security of mort-

gages on real estates or any form of

immovable properties.

It buys properties under contract of sale

with the right of redemption;

70

Credit foncier companies provide fi nance
for any activity involving land use. Their
loans, in all cases ,are secured by collateral.
A major sources of funds on credit foncier
companies is promissory notes. In practice,
the main purpose of credit is personal con-
sumption and housing.

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->