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  1. Terry_w

    How to purchase insolvent developer sites (QLD)

    Nothing to do with liquidators generally. They may know, but if you know the address you could probably do a title search and find the mortgageee on title. You can then contact their legal department - but not sure how successful you would be. Don't forget they have a duty to get to best price...
  2. Terry_w

    How to purchase insolvent developer sites (QLD)

    The land will usually be secured by a first mortgage and often a second (or more). Therefore the mortgagee would be the one to take possession and not the liquidator. You could then negotiate with the mortgagee to buy the property. Any money over and above the debt owed to them would then go to...
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