Laws protecting the consumer there will always be people preying on the vulnerable.
You know the saying, “If it sounds too good to be true, then it probably is”. But sometimes a deal just sounds like a good deal. That’s what happened to me. I lost 1,500,000 Baht in a condo scam. And to top it off, other investors thought I was involved. See how all this happened so you can avoid this type of scam.
It is important to remember, here in Thailand the responsibility of researching the management and history of a property is on the buyer. There is no MLS or handy government websites to research. It is essential to talk to other owners or investigate other buildings under management. If you get stuck with an unsellable unit in a nightmare building, it’s nobody’s fault but your own.
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