88 Reverse Mortgage Notes: Death, Taxes, and Foreclosure Headaches

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!Book a Call With Scott 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!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes PinterestGet signed up for the Next Virtual Note Buying Workshop Now!