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

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

Author: Scott Carson October 21, 2025 Duration: 45:08

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.


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Scott Carson brings his deep experience as a seasoned investor directly to you in The Note Closers Show-The #1 Podcast for Note Investing. This isn't about general real estate chatter; it's a focused dive into the specific, often overlooked niche of note investing. Each episode is built on the practical premise of acquiring control of real estate assets at significant discounts, not through traditional property management, but by understanding and investing in the debt behind them. You'll hear Scott break down complex strategies into actionable steps, sharing the nuances of evaluating, purchasing, and profiting from mortgage notes. The discussions are geared toward investors and entrepreneurs who are serious about expanding their portfolio options beyond conventional methods. Tune in for candid conversations about market trends, due diligence, risk assessment, and the real-world stories of deals that worked and those that didn't. This podcast serves as a direct line to advanced tactics and foundational knowledge, all aimed at building your confidence in this unique segment of the investment world. If you're looking to move past theory and into the practical mechanics of building wealth through notes, Scott Carson provides the roadmap in every episode.
Author: Language: en-us Episodes: 100

The Note Closers Show - The #1 Podcast for Note Investing
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