Promissory Note

[Michael P. Derr]

Hello everyone, I am located in Tulsa Oklahoma. I was in the process of having a Promissory Note reviewed by Our local REIA attorney. I found out today (2 weeks Later) he won't do it because he has done business with the other party in the past. I understand that part, but why wait two weeks to let me know.

  They said they cannot recommend anyone else to do it because of the small amount. I was told to check with the Bar Association. For the record, the amount was $50,000 secured by a first lien position. I am acting as the lender in this transaction.

If their is anyone in Tulsa that would like to do business with me please let me know. Can this be done by a title company without having a lawyer involved? I appreciate any feedback, thanks. Mike