Farm Legal Advice: Buying farmland from a receiver

The bank will have suffered a loss on the property and will want to dispose of it as soon as possible

A purchaser is expected to assume certain risks and take on some of the due diligence that might otherwise stay with the Receiver of the property.

Dear Karen,

I am interested in buying some farmland to expand my farming business. It is being sold by a Receiver. It is not land local to me but it would be useful to me if I got it at a reasonable price. I am worried about buying from a Receiver? Would I get good title to it? It is being sold through a reputable auction website.