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Need advice... selfish rant...

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        02-12-2009, 11:58 AM
      #21
    Weanling
    I'm not against anyone selling horses. Riders change and evolve, horses don't turn out like we thought, whatever. There's no reason to think that you should be stuck with one horse forever, especially if you want to advance as a rider. What I AM against though, is discarding a horse for a newer, brighter toy...if a friesian is your life long dream, that's fine. But make sure its not an impulsive decision.
    If you want to sell Denny, that's absolutely fine. But make sure that he has a place to go. In this market, horses are being dumped all the time. Fort Macleod is loaded with decent horses who were cast out because they werent fast enough, good enough, or just overlooked.
    So the point of my rambling lecture is this; if you don't think Denny is what you want, and are convinced that you want a Friesian (it is a very good time to buy) then sell him. But make sure that he actually has a place to go. Otherwise, all that hard work you put into him will be for nothing, because he WILL go to slaughter.
         
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        02-12-2009, 08:33 PM
      #22
    Showing
    Sky, thank you.
    It has been my dream for as long as I can remember to buy a Friesian... it's not a decision I'm making impulsively.
    I am scared of Denny going to a home that might dump him. I would love to be able to lease him out, even free leasing (where they just pay for board/upkeep) but.. what if that doesn't pan out? I would probably give him to the right home...
         
        02-12-2009, 09:22 PM
      #23
    Green Broke
    JDI, if Denny goes to a new home, you can put in the sale contract that you have first refusal if for any reason the new owners decide to sell him. You can ask for references -- esp. A vet -- you can ask for inspection. You can ask for whatever you want, all the more so if he goes for little or no money. I know when I have taken in horses for "free" I have felt a greater responsibility toward their previous owner than if I had paid for them. (except one case where the previous owner was a complete loser)

    You have a lot of control over his future. You're still his mommy and can help protect him from the big scarey world.
         
        02-12-2009, 09:45 PM
      #24
    Showing
    Quote:
    Originally Posted by northernmama    
    JDI, if Denny goes to a new home, you can put in the sale contract that you have first refusal if for any reason the new owners decide to sell him. You can ask for references -- esp. A vet -- you can ask for inspection. You can ask for whatever you want, all the more so if he goes for little or no money. I know when I have taken in horses for "free" I have felt a greater responsibility toward their previous owner than if I had paid for them. (except one case where the previous owner was a complete loser)

    You have a lot of control over his future. You're still his mommy and can help protect him from the big scarey world.
    What a great reply. Northern points out a lot of great things I had never even thought about. I would be anxious about the first right of refusal tho just from a financial point, wouldn't it be risky? Just a question as I've never done it
         
        02-12-2009, 10:09 PM
      #25
    Green Broke
    CDT -- first right of refusal is not risky. It's just that the purchaser agrees that if (s)he wants to sell the horse, (s)he has to approach the previous owner first and offer them the horse for the same price that they could get from someone else. If the previous owner doesn't want to or can't buy the horse back, PO simply refuses and the purchaser is now free to go to the next buyer. The purchaser may NOT ask for more money from the PO than they could reasonably expect from someone else at arm's length. Now, that all said, I'm sure it depends a lot on the specific language in an agreement.

    Nice to see you at home CDT!!! Hope all is well.
         
        02-12-2009, 10:18 PM
      #26
    Showing
    Quote:
    Originally Posted by northernmama    
    CDT -- first right of refusal is not risky. It's just that the purchaser agrees that if (s)he wants to sell the horse, (s)he has to approach the previous owner first and offer them the horse for the same price that they could get from someone else. If the previous owner doesn't want to or can't buy the horse back, PO simply refuses and the purchaser is now free to go to the next buyer. The purchaser may NOT ask for more money from the PO than they could reasonably expect from someone else at arm's length. Now, that all said, I'm sure it depends a lot on the specific language in an agreement.

    Nice to see you at home CDT!!! Hope all is well.

    Ohhhhh! I didn't realise that's what it meant. Thanks for the explanation. That's something that would probably good to do with every horse sale.

    And thank you :) it is nice to be at home. Going to be vegging for a bit
         
        02-12-2009, 11:14 PM
      #27
    Weanling
    Quote:
    Originally Posted by northernmama    
    CDT -- first right of refusal is not risky. It's just that the purchaser agrees that if (s)he wants to sell the horse, (s)he has to approach the previous owner first and offer them the horse for the same price that they could get from someone else. If the previous owner doesn't want to or can't buy the horse back, PO simply refuses and the purchaser is now free to go to the next buyer. The purchaser may NOT ask for more money from the PO than they could reasonably expect from someone else at arm's length. Now, that all said, I'm sure it depends a lot on the specific language in an agreement.

    Nice to see you at home CDT!!! Hope all is well.
    legally though, you don't have a foot to stand on if the horse gets sold to another owner first. Its a good idea, in theory, but has no practical application unless the new owner actually chooses to honor it, because from a judicial stand point, they wouldn't revoke ownership of the new owners simply because the old owners didn't contact you first. Its considered a no-win lawsuit.

    What you might want to consider is a lease to buy option. Find someone to ride him, and offer them a lease to buy, where, say, every $200 out of $300 they pay a month can go to his purchase price. They get to know the horse, you get to know the owners, and at the end of it, denny hopefully gets a good home with a rider who knows him already.
         
        02-12-2009, 11:41 PM
      #28
    Showing
    It's going to sound bad but at the end of the day, I would give him away to someone who can handle him and further his training, sign papers that say you are no longer liable for anything that happens and move on. It sounds bad but because how green Denny is and his injury it's going to be hard to find him a home, let alone the right one without guaranteeing he won't end up in the wrong hands. The sooner he can handed over with all liability removed, the safer it would be.

    It's a big problem mainly because JDI didn't own him long enough to put the right training on him to make him an easy all around horse for kids and now with the injuries added to the equation it's even more difficult.

    Maybe keeping him longer to put that training to settle him down then giving him away when the time comes might be the best thing as he will more useful to the general population of riders that are here locally. Just my thoughts.
         
        02-13-2009, 08:31 PM
      #29
    Showing
    Well, I am going to keep him around until I seriously start looking in the summer or fall... it's still a ways away.
    His injury is looking really really good right now, and should heal up well in the next few months. I hope... haha
    Thank you so much for your replies, everyone... the lease to own is a neat idea!!
    Need food, I'll reply more later.
         
        02-13-2009, 08:35 PM
      #30
    Showing
    How dare you remove yourself from the forum to go eat? Tisk
         

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