Bits and Pieces

Sunday, December 11, 2011

Lease Purchase Agreements Kick Ass

So, we're planning the big move back to Thailand at the start of January.  I wish we could have stayed in Mongolia longer (my girlfriend's family are all here), but at -3o Celsius it's a little difficult to warm to the country, if you'll excuse the pun.

So, we're gonna be in Bangkok for an initial stay of just three months, but the ultimate plan is to buy a home in Bangkok to ride out the Mongolian winter, then come back here for the beautiful Ulaanbaatar summer.

Obviously this is all a little expensive, and right now neither of us are earning much money, so we hatched a plan to get a lease purchase agreement in the city.  Essentially, this means we'd lease a house with a view to buying it in the future, and our rental payments would be laid against the final price.

We used to do this a lot back as a kid in the UK.  Thousands of government owned properties were made available for purchase by the current tenants, and a heck of a lot of people got great deals.  We used to call it 'let to buy', but it's exactly the same as a lease purchase agreement.

Anyhoo, I'm a little clueless when it comes to lease purchase agreements so I've been consulting the web for a little info.  The best resource I've found so far is, which offers all sorts of handy advice of leasing to buy.  The site is US-oriented, but it still offers a lot of tips that apply to us here in the east.

Wish us luck!
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