Recently, I listened to the below podcast from OPES partners. It may be of use to those of you who have discovered they have a defective new build and their builder/developer has disappeared. There are some useful pointers and it is well worth listening to.
Defects and a non-responsive, or liquidated contractor, is tough going. There are many approaches to resolution.Opes detail some approaches which are probably more applicable to small new build purchases (for the end buyer) as opposed to the developer.
For years I would plan houses, travel widely and observe communities. I also had the privilege of working for New Zealand's largest dairy company in both New Zealand and Malaysia. All the while supported by my husband and young daughter. After a while, our roles swapped and we moved to the Arabian Gulf. Meanwhile my passion for property and communities continued to simmer.
Along came COVID and had no choice but to pivot... in the words of Robert Frost, I looked for and "found the road less travelled by" and decided that maybe I could "make [a] the difference".
I look for to find insights and built a few of the houses that we need. This means a saleable house and a profitable and sustainable business.
