As one of two blacks, who own a good chunk of valuable real estate in the county, Mims was something the Old Guard didn’t want to tolerate. Social racism and institutional racism combined for an explosive cocktail of incendiary, mostly illegal transactions, which include many government officials in the county, according to Mims and his real estate broker.
There are so many irregularities, that one investor who was contacted by Mims’ real estate broker to invest, bowed out of the deal all together. Those irregularities include the reported advertisement of the property for sale in a September issue of a Texas real estate publication, long before the judge’s November order of a sale.
Vandalism, intimidation and subtle threats soon escalated into the killing of about 30 head of cattle on his property. In a statement to his broker, Mr. Mims believes the cattle killing was a direct result of his failure to “cull cattle” as ordered by an FSA official.
At the center of these atrocities is money, lots of money. His real estate agent says “His property is prime land and set to be potential lake front property when and if (sic) the two proposed water supplies for the Metroplex are built.” In just three years, his property values have skyrocketed from $260,000 to $554,000, and this is before the first pipeline for the water facility has even been laid.
To add insult to his numerous human rights injuries, Mims says the forced sale of his property at below market value to a buyer in the Real Estate industry speaks of possible collusion and massive illegalities from the local courts, farm loan officials all the way down to the real estate professionals who reportedly stand to make a killing in the deal.
According to Mr. Mims and his real estate broker, the following actions on part of local officials need to be investigated:
- Mr. Mims did not receive executed documentation regarding his case in court to know where he stood and depended on his own research at the court house to find out where he stood.
- Mr. Mims’ property was advertised for sale by The Glenn Group in Frisco, Texas in the Texas Real Estate Magazine PRIOR to the judge ordering the property sold without Mr. Mims’ knowledge or Approval. Even more troubling are allegations that his former wife’s attorney also allegedly owns the title company where the escrow is opened and allegedly gave permission to the Glenn Group to advertise the property.
- Mims says the Farm Services agent forced a restructure of his loan without (it) being in delinquent state which put him in a position to keep from getting refinancing.
- Approximately 30 had of cattle have been shot and killed since his loan was restructured, and, according to Mims, this directly corresponds to loan documentation regarding possible failure and a conversation ordering Mims to “cull cattle…”
- “USDA Farm Services conduct may have been a negative influence resulting in a downward spiral [culminating] in the potential loss of property, not to mention any duress and stress Mr. Mims has had to endure.
The real estate agent that Mims is working with fears for the financial stability of other farmers in the region. She says, “I am also concerned about potential Farm Services action towards (sic) other farmers and how those actions may create similar issues for our farmers and growers and clearly see how our US Congress may need to review such cases, beginning with this one.”
The clock is ticking. His land is scheduled to be sold Friday, August 10th.
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