C. O. Frick Co. v. Baetzel

47 N.E.2d 1019, 71 Ohio App. 301, 37 Ohio Law. Abs. 565, 26 Ohio Op. 184, 1942 Ohio App. LEXIS 610
CourtOhio Court of Appeals
DecidedSeptember 21, 1942
Docket18770
StatusPublished
Cited by10 cases

This text of 47 N.E.2d 1019 (C. O. Frick Co. v. Baetzel) is published on Counsel Stack Legal Research, covering Ohio Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
C. O. Frick Co. v. Baetzel, 47 N.E.2d 1019, 71 Ohio App. 301, 37 Ohio Law. Abs. 565, 26 Ohio Op. 184, 1942 Ohio App. LEXIS 610 (Ohio Ct. App. 1942).

Opinion

Morgan, J.

This is an appeal by the defendants from a judgment for $475 and costs recovered against them by plaintiff in the Municipal Court of the city of Lakewood, Ohio.

The plaintiff alleged in its petition that it is a duly qualified real estate broker and that the defendants orally listed for sale with the plaintiff their house and *302 lot located on Lakewood Heights boulevard, Lakewood, Ohio, at the price of $9,500; that the plaintiff secured a purchaser ready, able and willing to purchase the property at the price and on the terms named by the defendants; and that although they refused to go through with the sale the plaintiff thereby is entitled to the customary five per cent commission on $9,500.

The defendants, in their answer, admit that they listed their home for sale with the plaintiff, but alleged that the price was $11,000 gross, or $10,500 net to them. They also deny that the plaintiff’ produced a purchaser ready, able and willing to purchase the property.

Two of plaintiff’s agents testified at the trial that the listing price was $9,500. The defendant Baetzel testified that the only price mentioned by him was as stated in defendants’ answer.

The plaintiff’s two witnesses further testified that, the first figure mentioned by defendant Baetzel was $10,000, and that no higher figure was ever mentioned by him. Baetzel testified that he never mentioned a price less than $10,500 net for the property.

Ordinarily the holding of the trial judge on this important question of fact, in view of this square conflict in the evidence, would be conclusive. However,, there is an important admission by plaintiff in its reply to defendants’ answer which, to say the least, casts considerable doubt on plaintiff’s evidence as to the-listing price.

Defendants in their answer alleged that their offer was to sell their property, as already stated, for “$11,-000 gross, with a net price of $10,500.” This is wholly consistent with the evidence of defendants at the trial. On the other hand, plaintiff, in its reply admitted “that when first interviewed, the defendants wanted $11,000 for said premises.” This is directly contrary to the evidence of plaintiff’s two witnesses at the trial. Plaintiff and the defendants at the trial *303 were in agreement that two amounts were mentioned by the owners which were $500 apart. The plaintiff made no attempt to reconcile the express admission in its reply with the evidence of its witnesses at the trial.

However, we do not find it necessary to decide the question of the weight of the evidence on the issue of the price at which the defendants listed their property with the plaintiff, inasmuch as we have come to the clear conclusion that the plaintiff has failed to sustain the burden of proving the allegations in its pleading, that it found a purchaser “ready, willing and able” to buy defendants’ property.

Both plaintiff and defendants are in agreement that the defendants were to receive cash for their property and that an agent of the plaintiff tendered to the defendant Baetzel a written offer signed by Frederick W. Unger for the purchase of their property at $9,500. The offer was accompanied by a check for $100, and as to the payment of the balance the signed offer stated:

‘ ‘ I will make application immediately at. The Cleveland Trust Company for a first mortgage loan in the sum of Five Thousand ($5,000) Dollars, and I will pay the balance of Forty-Four Hundred ($4,400) Dollars in cash.”

Mr. Unger was a straight-forward witness, and at the trial testified that “it was my intention that if this agreement was accepted, I would make an attempt to borrow money in addition to the cash which I had.”

He testified that he had available at the time $1,000 in cash, and that he hoped to get the balance from relatives “on a straight loan.” He made no claim that he had arranged for such a loan.

As to Mr. Unger’s ability to borrow $5,000 on the security of a mortgage on the property, he testified on direct examination:

“Q. Well, did you know at that time Mr. Unger, at the time you signed this contract, that you would be *304 able to borrow the money to go through? A. No, I had not made arrangements ■ to borrow money. * * *

“Q. Mr. Unger, if that contract had been accepted, would you have been able to have carried it out according to its terms and have paid the $9,500 upon delivery of the deed to the property in the, usual course? A. Well, I really don’t know.”

Mr. Unger was then asked whether it was his opinion that he could have financed the purchase if his offer for the defendants’ property had been accepted. This question was objected to by defendants’ counsel, and the court having overruled the objection, it was answered, “Yes, in my opinon, I could have.”

It is our view that the objection to this question should have been sustained, and that the “opinion” of the proposed purchaser has no probative value in this case. „

About 60 days after these negotiations with the defendants, Mr. Unger purchased a house and lot on Lakewood Heights boulevard, located about five houses from the Baetzel property, at a price of $9,700, of which $4,500 was obtained by a note and mortgage and the balance was cash furnished by the purchaser.

There is no evidence in the record as' to the construction, state of repair and age of defendants’ property, as compared with the property later purchased by Mr. Unger. A number of things might have happened in 60 days to affect the purchaser’s credit. Furthermore, in financing a purchase involving $9,700, Mr. Unger secured a mortgage loan of $4,500 on the property. This is hardly evidence that he would have been able to complete his offer to the defendants by securing a mortgage of $5,000-on defendants’ property valued at $9,500 as in his offer he proposed to do.

There are cases which hold that a proposed purchaser can be shown to be “ready, willing and able” to buy only by proof that “he, at the time he was pre *305 sented as a purchaser of the property, had then under his control for immediate payment the amount of the purchase money in cash.” Chitwood v. White, 18 Ala. App., 331, 92 S., 84; Reynor v. Mackrill, 181 Iowa, 210, 164 N. W., 335.

Other cases hold, and we think correctly, that all that need be shown to meet the required degree of proof is that “he need not have all the money in his immediate possession or to his credit at a bank, if he is able to command the necessary funds to close the deal within the time required. ’ ’ Laack v. Dimmick, 95 Cal. App., 456, 273 P., 50. Although the proposed purchaser may not have in hand all the necessary cash, “the ability to command the necessary funds to close the deal” must be shown to exist at the time the offer is made. Ramsdell v. Krehmke, 95 Cal. App., 195, 272 P., 333; McCabe v. Jones, 141 Wis., 540, 124 N. W., 486; Hays v. Goodman-Leonard Realty Co.,

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47 N.E.2d 1019, 71 Ohio App. 301, 37 Ohio Law. Abs. 565, 26 Ohio Op. 184, 1942 Ohio App. LEXIS 610, Counsel Stack Legal Research, https://law.counselstack.com/opinion/c-o-frick-co-v-baetzel-ohioctapp-1942.