Has anybody ever bought a non performing 2nd note from Wells?
Hi all, has anybody ever bought a non performing 2nd note from Wells or US Bank?
If you did, could you please share who you have contacted? I've spoken to several branch managers and they don't know it and keep telling me that they don't sell them.
Is this true? If yes, I don't understand why they don't sell them; last year my company bought many properties where US Bank's or Well's had second notes and they never redeemed and lost a lot of money.