Join Date: Jul 2008
Location: South of No-where
I guess I am not seeing the big deal in this situation? People backing out of sales happens all the time. Even happens the other way - buyer didn't put a deposit down so when someone came with cash in hand the seller sold to the guaranteed sale. Not the prettiest scenario, but it happens frequently. Even with high-sale dollar horses a verbal contract is most likely not going to stand up in court because a judge is going to point out if the seller was worried about possible lost sales then they should have gotten a deposit. Even then, if the deposit wasn't written out in the contract as "non-refundable" most people can even get that back if they wish to pursue it.
Personally from a sellers stand-point, I would not be surprised over a deal being backed out of if I did not at least have a deposit or signed contract in hand. Even then I wouldn't be totally shocked if they backed out (like franknbeans said above - if the money is not in hand and the horse on the trailer, then its not sold yet).
And if I really like the horse I'm trying to sell and the potential buyer tells me after some though that they really don't think this is the horse for them - then I would prefer them to back out rather than go through with the sale "just because it would be rude otherwise". If I need to place a horse for whatever reason I want him to go to a home that appreciates him and wants him for what he is rather than most likely end up being a re-sale.
I would re-try both horses and make my decision then and just nicely explain to the seller that you found a horse that more closely matches what you are looking for and that you are very sorry about having to back out of the sale. When it comes down to it - you will be the one paying the feed and care for this horse, why would you want to pay that for a horse you really don't want?
All I pay my psychiatrist is cost of feed and hay, and he'll listen to me any day!