Podcast Guru LogoPodcast Guru LogosearchSearchDiscoverMy Podcasts
Apple App Store BadgeGoogle Play Badge
sign-inSign In
menu
close
sign-inSign In
Discover
My Podcasts
Apple App Store Badge
Google Play Badge
<description>&lt;p&gt;Hey Note Closers! Scott Carson here, taking you on a real-world adventure to analyze a potential reverse mortgage deal in Georgetown, Texas. This isn't just about numbers; it's about getting boots on the ground and seeing the property firsthand.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="color: inherit;"&gt;The "Green Acres" Deal:&lt;/span&gt;&lt;/p&gt;&lt;p&gt;This case study focuses on a reverse mortgage located on Green Acres Drive in Georgetown, TX. The property is a three-bedroom, two-bath home on a third of an acre. The borrower has passed away, and the note is now available for purchase.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="color: inherit;"&gt;Key Aspects Covered:&lt;/span&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;span style="color: inherit;"&gt;On-Site Due Diligence:&lt;/span&gt; I share my experience of driving to the property and conducting a walkthrough. This includes assessing the neighborhood, the condition of the property, and any potential red flags.&lt;/li&gt;&lt;li&gt;&lt;span style="color: inherit;"&gt;Property Condition Assessment:&lt;/span&gt; We discuss the condition of the property, including the need for a new roof, sheetrock repairs, and general updates.&lt;/li&gt;&lt;li&gt;&lt;span style="color: inherit;"&gt;Market Analysis:&lt;/span&gt; I compare the property to nearby comps and discuss the challenges of valuing properties in rural areas with limited zoning.&lt;/li&gt;&lt;li&gt;&lt;span style="color: inherit;"&gt;Reverse Mortgage Considerations:&lt;/span&gt; We explore the unique aspects of reverse mortgages, including the foreclosure process and potential exit strategies.&lt;/li&gt;&lt;li&gt;&lt;span style="color: inherit;"&gt;The Decision:&lt;/span&gt; Based on the on-site assessment and market analysis, I share my decision on whether or not to pursue this deal.&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="color: inherit;"&gt;Why This Matters:&lt;/span&gt;&lt;/p&gt;&lt;p&gt;This episode emphasizes the importance of going beyond the numbers and conducting thorough on-site due diligence. You'll learn how to assess the condition of a property, evaluate the surrounding neighborhood, and identify potential challenges that could impact your investment.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://youtu.be/V1Z30yJOVD8" rel="noopener noreferrer" target="_blank"&gt;Watch the original Walk Through Video HERE!&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://youtube.com/live/V_Amkft2avY" rel="noopener noreferrer" target="_blank"&gt;Watch the original Video Episode HERE!&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="http://talkwithscottcarson.com" rel="noopener noreferrer" target="_blank"&gt;Book a call with SCOTT HERE!&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Love the show?&lt;/strong&gt;&amp;nbsp;Subscribe, rate, review, and share!&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;a href="https://weclosenotes.com/how-to-subscribe-rate-our-podcast-5-stars-on-itunes/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);"&gt;Here’s How »&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Join the Note Closers Show community today:&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;a href="https://weclosenotes.com/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);"&gt;WeCloseNotes.com&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="https://www.facebook.com/noteshowpodcast/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);"&gt;The Note Closers Show Facebook&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="https://twitter.com/noteshowpodcast" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);"&gt;The Note Closers Show Twitter&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="https://www.linkedin.com/in/1scottcarson/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);"&gt;Scott Carson LinkedIn&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="https://www.youtube.com/watch?v=NkDyqDB6fD4&amp;amp;list=PLRHv04Q15a0Ds_6lseLx3Pb4-Li1gLmDB" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);"&gt;The Note Closers Show YouTube&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="https://vimeo.com/weclosenotes" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);"&gt;The Note Closers Show Vimeo&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="https://www.instagram.com/noteclosers/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);"&gt;The Note Closers Show Instagram&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="https://www.pinterest.com/1weclosenotes/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);"&gt;We Close Notes Pinterest&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://snip.ly/NBFDNCSAD" rel="noopener noreferrer" target="_blank"&gt;Get signed up for the Next Virtual Note Buying Workshop Now!&lt;/a&gt;&lt;/p&gt;</description>

The Note Closers Show Podcast

Scott Carson

Green Acres Case Study - Vacant Reverse Mortgage

MAR 28, 202524 MIN
The Note Closers Show Podcast

Green Acres Case Study - Vacant Reverse Mortgage

MAR 28, 202524 MIN

Description

<p>Hey Note Closers! Scott Carson here, taking you on a real-world adventure to analyze a potential reverse mortgage deal in Georgetown, Texas. This isn't just about numbers; it's about getting boots on the ground and seeing the property firsthand.</p><p><br></p><p><span style="color: inherit;">The "Green Acres" Deal:</span></p><p>This case study focuses on a reverse mortgage located on Green Acres Drive in Georgetown, TX. The property is a three-bedroom, two-bath home on a third of an acre. The borrower has passed away, and the note is now available for purchase.</p><p><br></p><p><span style="color: inherit;">Key Aspects Covered:</span></p><ul><li><span style="color: inherit;">On-Site Due Diligence:</span> I share my experience of driving to the property and conducting a walkthrough. This includes assessing the neighborhood, the condition of the property, and any potential red flags.</li><li><span style="color: inherit;">Property Condition Assessment:</span> We discuss the condition of the property, including the need for a new roof, sheetrock repairs, and general updates.</li><li><span style="color: inherit;">Market Analysis:</span> I compare the property to nearby comps and discuss the challenges of valuing properties in rural areas with limited zoning.</li><li><span style="color: inherit;">Reverse Mortgage Considerations:</span> We explore the unique aspects of reverse mortgages, including the foreclosure process and potential exit strategies.</li><li><span style="color: inherit;">The Decision:</span> Based on the on-site assessment and market analysis, I share my decision on whether or not to pursue this deal.</li></ul><p><br></p><p><span style="color: inherit;">Why This Matters:</span></p><p>This episode emphasizes the importance of going beyond the numbers and conducting thorough on-site due diligence. You'll learn how to assess the condition of a property, evaluate the surrounding neighborhood, and identify potential challenges that could impact your investment.</p><p><br></p><p><a href="https://youtu.be/V1Z30yJOVD8" rel="noopener noreferrer" target="_blank">Watch the original Walk Through Video HERE!</a></p><p><br></p><p><a href="https://youtube.com/live/V_Amkft2avY" rel="noopener noreferrer" target="_blank">Watch the original Video Episode HERE!</a></p><p><br></p><p><a href="http://talkwithscottcarson.com" rel="noopener noreferrer" target="_blank">Book a call with SCOTT HERE!</a></p><p><br></p><p><br></p><p><strong>Love the show?</strong>&nbsp;Subscribe, rate, review, and share!</p><ul><li><a href="https://weclosenotes.com/how-to-subscribe-rate-our-podcast-5-stars-on-itunes/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">Here’s How »</a></li></ul><p><br></p><p><strong>Join the Note Closers Show community today:</strong></p><ul><li><a href="https://weclosenotes.com/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">WeCloseNotes.com</a></li><li><a href="https://www.facebook.com/noteshowpodcast/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">The Note Closers Show Facebook</a></li><li><a href="https://twitter.com/noteshowpodcast" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">The Note Closers Show Twitter</a></li><li><a href="https://www.linkedin.com/in/1scottcarson/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">Scott Carson LinkedIn</a></li><li><a href="https://www.youtube.com/watch?v=NkDyqDB6fD4&amp;list=PLRHv04Q15a0Ds_6lseLx3Pb4-Li1gLmDB" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">The Note Closers Show YouTube</a></li><li><a href="https://vimeo.com/weclosenotes" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">The Note Closers Show Vimeo</a></li><li><a href="https://www.instagram.com/noteclosers/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">The Note Closers Show Instagram</a></li><li><a href="https://www.pinterest.com/1weclosenotes/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 79, 191);">We Close Notes Pinterest</a></li></ul><br><p><a href="https://snip.ly/NBFDNCSAD" rel="noopener noreferrer" target="_blank">Get signed up for the Next Virtual Note Buying Workshop Now!</a></p>