I'm pretty sure I made a huge mistake not making a contract. - Page 2
   

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I'm pretty sure I made a huge mistake not making a contract.

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        12-03-2010, 05:30 PM
      #11
    Weanling
    Quote:
    Originally Posted by ShutUpJoe    
    Have you offered to buy him back if anything happens?
    Yes, I have sold one other horse in my lifetime, and I also have first-dibs on him... but he went with a dear freind so it was easier...
         
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        12-03-2010, 07:01 PM
      #12
    Green Broke
    Do you have a receipt from when you purchased him? Or things in your name? Is your name on the rego papers?

    I would try and get the horse in your possession again - once you have done that it will be much easier. Do you have emails discussing a trial? In a trial the owner can also take the horse back.

    I understand that there can be problems with banks...but people should not write a check if it cannot be honoured. And $100.. that is nothing in the world of horses. I would be concerned. Perhaps say you are not convinced that he is going to the right home and offer a lease? Come with a contract prepared? Lease him for a few months and you can check up on him or repossess him if need be, then if you think they're a good home sell him?
         
        12-03-2010, 10:19 PM
      #13
    Green Broke
    Tell them that because of the cheque mishap, that you will only accept a certified cheque. Then you will know that it wont bounce.
         
        12-29-2010, 05:58 PM
      #14
    Foal
    Has this been resolved? Take the check to the bank anyway. They will either mark it NSF, or they will cash it. I know I messed up on my accounting once a few months ago & didn't realize a different check hadn't cleared... a check over drafted my account by about $80& my bank still paid it.

    Or, do what somebody else mentioned. Call the registry. Go get your horse. And always have something in writing if the horse leaves your property. Even something as simple as a note saying "(horse) will be in full financial care of (people) until paid for on (date) if not paid by then, the animal comes back to my property." Both sign it.
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        01-01-2011, 01:49 PM
      #15
    Started
    Wow it sounds like the couple across the street from me. I sold a horse trailer to them in july, stupid me I did not write up a contract, they said that they would pay me the rest the following month.....6 months later, with threat of taking them to court it was paid off, my problem with your seller is .....if she is having problem with having a $100, can she pay a trainer?
         
        01-01-2011, 02:51 PM
      #16
    Green Broke
    Wow that is so unfortunate for you, especially since it sounds like you gave them a pretty incredible deal on a good horse. I would be worried about their ability to look after him properly too, $100 doesn't go a long way towards the upkeep of a horse.

    I hope you can get him back, good luck.
         
        01-01-2011, 11:14 PM
      #17
    Yearling
    I am paying for my horse in payments. He was for sale through a barn mate of mine. They wanted him to go to a great home and (of course) I didn't have ten grand just hanging out in my bank account. Anyway... her and I both signed about 5 pages of legal docs. But I still pay, EVERY PAYMENT, with a cashier check. That way, I can keep track of every payment, and she never has to worry about it bouncing. I don't get his passport or his papers until he's paid off.

    I would love to know how this all turns out. It's really a shame at how people will steal and jerk others around without even a second thought. But, I am hoping this will not be the case for you!!!
         
        01-05-2011, 09:21 AM
      #18
    Started
    I think anyone waiting to see an outcome on this may as well give it up. The OP has not been back on the forum since her join date and the date of this post.
         
        01-05-2011, 09:39 AM
      #19
    Started
    My lesson of the day: never, ever not make a contract.
    I hope it all goes well though! :( It's really unfortunate for you and your horse and if they still can't pay you, take your horse back and tell them they can come buy him when they have MONEY! LIke really they don't have a 100$? I am still clueless how if they don't have that money, how are they going to feed themselves, never mind the poor horse.
         
        08-11-2011, 08:47 AM
      #20
    Weanling
    Well sorry everyone, I took a much needed break from the horse stuff. I have been busy with work and training my field trial dog all over the east coast haha. I am getting married the very beginning of September and after that I plan on getting into horse shopping for a Western Pleasure type QH (will likely be a gelding). My wonderful man has offered to fence in 4 acres and build me a little shed-row type barn. Things are looking good.

    However I came HERE to update you on what went down here…

    I did sell the horse for $100. I thought I did a good thing. The girl was so nice and was an excellent rider she just needed a good horse to show AQHA shows but could not really affored something of the quality that my horse was… I remember being there myself. I did not have time for the horse and I wanted to give someone the opportunity to do something I always wanted.
    I sold my wonderful horse for $100, eventually I got my money too!
    I told her I would buy him back if she ever wanted to sell him, and I told her that I would expect to pay more than $100 in that event but that was ok.


    In the end it was a huge mistake.


    A year later ‘my’ horse is for sale for $A LOT MORE.



    She never contacted me, I found his ad myself. I guess she did not have the guts.
    I cannot and will not buy him for $X000. I sold him for $100. I have not contacted her in an effort to buy him back, I figured at that price it isn’t going to end well anyway. But ohhh, how I want that horse back. It broke my heart to see that ad. Its not about the money, I don’t care if she makes $XXXX on him, I just want that horse back, I loved him and wanted what was best for him, I wanted him to be worked with and loved… I did love him, and still do, but I just can’t do $XXXX. That’s life I guess.

    PLEASE learn from my mistake. It your heart tells you NO! DON’T! Listen to it. Don’t end up like me. Lesson learned; Being a good person and doing nice things for others does not pay.

    I’m moving on from this and will eventually get another horse, I won’t make this mistake again and the next one will be mine till one of us dies… I just wish that horse was him!
         

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