I sold a gelding of mine a few years back to a girl who was 17 ( I did make her bring her parents with to be sure this wasnt just a dream of the girls and they were financially suited to make a horse purchase as it was their first time buying) they came and rode the horse about five times before we agreed on a price and a contract, they did put down a $500 non-deductable down payment, so I thought for sure it was a legit sale, he stayed at my barn for 2 months while they made $300 monthly payments to me and paid his board so by that time I felt comfortable with the family moving him to the barn of their choice which was an hour closer to them, we signed a contract which I had written up by my lawyer and I let them take the horse as they did already pay me$1,100 well the next month rolled around as they were to pay me the remaining 900.00 ( terms of the contract) and I never heard from them again, they changed their phone numbers, moved the horse to another barn and never replied to my emails or letters sent to the given address I had. After a couple of months trying to find these people I got my lawyer involved to find them and do what was necessary to take action in getting my money or my horse back since those were the terms of the "lease to own" contract we had made. Long story short I ended up having to go to the extent of hiring a private investigator to find the family and turns out they had a different last name then they told me! So besides the private investigator I had to pay my lawyer $2300 total to take these people to court and court fees plus my time and energy with
And 3 kids a simple sale of a horse I rather would have kept then sell to begin with turned into a very long and stressful event in my life I will never do again. I will never sell a horse without all cash in hand, as I feel maybe I should have done more before letting them take the horse I did take many precautions and it still turned out bad, after 19 months of forking out more then what I made on the horse just to get my money back ( it was more so that I was determined to not let these evil people get away with what was not theirs and I already lowered the price of sale to begin with) the courts did find them guilty and they were ordered to pay the remaining amount on the horse and I also sued for the cost of my lawyer and investigator and although theyre court ordered to pay I still havent seen a dime from them.. Basically I got screwed over trying to be a nice understanding horse owner I woulsnt wish that on anyone!
I wish you lots of luck in the sale of your horse and hope its a much better experience then mine.:)
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Last edited by BLSpromise; 11-22-2013 at 02:55 PM.