Thursday, March 1, 2012

Chapter 68 Moo-ving to Frisco

clip_image002Our move was a lot more complicated than merely transplanting a family and all our household goods from one end of Texas to the other. We also had to move the cattle up from our place near San Antonio. We bought 180 acres southwest of Frisco, just north of Highway 121. I had been eagerly scanning the newspapers for land for sale and one morning I saw an ad in the paper that offered 180 acres up by Frisco for $395 per acre. Well, I had been checking land prices, and I knew that land in that location should be more like $500 per acre.

I called Mr. Roberts, the listing agent, and arranged to meet him at the farm that evening after 5:00. We met and he drove me all over the place. It looked real good. clip_image002[10]

I asked Mr. Roberts, “This is a nice place, what is wrong with it? Is it next to the new dump or what?”

He told me that he had listed the place a year earlier and had gotten a full price contract on it but the owner had made an end run. He had contacted the buyer directly and told him that they didn’t need an agent. They could work their deal without him. The buyer and seller agreed, but then got into a fight, and the deal fell through. He said only yesterday the owner had called from California and asked if he could still sell the place for the same price. Roberts agreed without discussing any change in the price.

clip_image002[8]I told him that I would take the place so he said for me to come to his office in McKinney the next day, as he had no contract forms with him. He also had an appointment to show it to some other people early the next morning.

I said, “No, I want to buy it now”. We dug a brown paper bag from under the front seat, and drew up an agreement which we both signed. I gave him an earnest money check and he noted receipt of it on the bag. We took that to Plano Title and they acknowledged receipt of it. The owner of the title company was a friend of mine, David Fair. He prepared a closing document, and we bought the farm at a great price.

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