Re: American Note - Posted by Sott SC
Posted by Sott SC on May 04, 2000 at 09:40:45:
I too have been mis-lead by American Note. There web site makes it seem as though they buy any type of note. I just called them this week to sell an unseasoned note to them and I got the rudest woman I’ve ever spoken too.
I started explaining my deal and she interrupted me and said she couldn’t help me. She was down right rude and ignorant (Sara Lee was her name). I asked if I could speak to some one else, preferrably someone a little nicer and she said no.
Needless to say I wrote them a nasty letter and someone called me back who at least had the manners of a human being, and told me they no longer do simultaneous closings because of past troubles. Apparently American Note went on a rampage and bought up everything without doing proper appraisals and credit checks and ended up with a lot of shady houses.
I will not deal with, there are plenty of other note buyers out ther. I too am dealing with Michael Morrongiello right now. He is very cool!