Originally Posted by nrhareiner
Keep in mind that if you get a horse from a rescue you do not own it. If you put all that training in to the horse and then need or want to sell you can not most of the time. You have to give it back. That is one of the big reasons I will never get a horse from a rescue. SO make sure if you go that way you read the fine print.
Where did you hear this? Have you ever actually owned a rescue horse? In the contracts of most rescues say something along the lines of "I realize I will be responsible for the health and well being of this horse, and if I can not fulfill these obligations I will return the horse to [blank rescue] or find a home that will care for the horse properly." (Of course, I made that up, but I could find actual examples of what I'm taking about if need be.)
Whether you should go for an auction or a adoption really depends on two things: Your level of experience, and your budget. If you really
know horses, then I think you could be pretty safe picking an auction horse, and in general, they will be cheaper straight from the auction. Horses from adoption centers tend to be a little more expensive (due to the cost of keeping the horse at the rescue facility), but most places are committed to helping you find the right horse, and if it doesn't work out, you could take it back - and you certainly couldn't get that sort of deal at an auction house.
Either way, I think your doing a great thing in trying to rescue or adopt a horse. I'm glad to see there are still some people out there willing to give a horse a second chance. ^_^