This week Scott reviews another tape of assets from a new provider. Buckle up your boot straps and hold on tight for this thrill ride of reverse mortgage notes. Scott dives into the map and spreadsheet, outlining the positives and negatives of the assets, giving tips along the way!
- Illinois Foreclosure This state takes longer to foreclose on!
- Manufactured Homes with far comps: How accurate are BPOs with far comps?
- REO and foreclosure When do you fix up and when do you flip?
- Days on Market How can you get a good price for an asset in a slower market?
- Max Claim What exactly is the max claim?
- Redemption Period and Foreclosure in the same sentence! This one is for the pros that are the most patient of note investors that are prepared for some possible litigation with estate holders!
- Manufactured Homes at high BPO's These assets are out in the middle of nowhere with comps from 20 miles away.
- Elderly Owners: Reverse Mortgages require owners that are 65 years or older, you are potentially foreclosing on grandma!
- HUD Claims: What is the HUD Max Claim?
- The Seller. This is not Scott's usual seller, so expect surprises when working with a new provider.
Whether you're a seasoned investor or new to real estate note investing, it can be a challenge so grab your education to get the right start.
Watch the Original Video Here!
Sign up for the next FREE One-Day Note Class HERE!
Sign up for the WCN Membership HERE!
Sign up for the next Note Buying For Dummies Workshop HERE!
Love the show? Subscribe, rate, review, and share!
Join the Note Closers Show community today:
- WeCloseNotes.com
- The Note Closers Show Facebook
- The Note Closers Show Twitter
- Scott Carson LinkedIn
- The Note Closers Show YouTube
- The Note Closers Show Vimeo
- The Note Closers Show Instagram
- We Close Notes Pinterest
Get signed up for the Next Virtual Note Buying Workshop Now!
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!