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-   -   Rita Crundwell Assetts (http://www.horseforum.com/horses-sale/rita-crundwell-assetts-131069/)

farmpony84 07-16-2012 02:33 PM

Rita Crundwell Assetts
 
Has anyone seen any mention on how they are going to sell or auction these horses off yet?

I saw an article with dates and times to see the mega-expensive RV that is going to be auctioned off.

I'm more curious then anything else. I've never seen how they do these types of auctions or sales when assets have been ceased. I wonder if they'll do any online type auction like the BLM does and if the horses come with papers or if they'll be sold w/out?

I had seen somewhere that AQHA was discussing how to handle current breedings of mares to her stallions.

Just more interested then anthing else. Does anyone know anything about it?

mls 07-16-2012 02:45 PM

Via some folks in that end of the QH world, it will take a couple of years to sort through things.

In the meantime, the FBI has to foot the training/feed/vet, etc bills for all of those horses . . .

Dreamcatcher Arabians 07-16-2012 02:50 PM

I was reading a site from an auctioneer who said they passed on handling the auction of these horses. The gov't will not pay any of the costs associated with holding an auction for just these horses, want all costs & fees paid by the purchasers of the horses. Per the auctioneer, this would make the horses too expensive and he didn't feel they would sell. If most of the other auctioneers feel the same way, I suspect they will end up going through a local auction a group at a time. Really sad!

mls 07-16-2012 02:52 PM

Quote:

Originally Posted by Dreamcatcher Arabians (Post 1600278)
I was reading a site from an auctioneer who said they passed on handling the auction of these horses. The gov't will not pay any of the costs associated with holding an auction for just these horses, want all costs & fees paid by the purchasers of the horses. Per the auctioneer, this would make the horses too expensive and he didn't feel they would sell. If most of the other auctioneers feel the same way, I suspect they will end up going through a local auction a group at a time. Really sad!


saukvalley.com | Rita’s wheels up for sale in Dixon IL, Sterling, IL and Rock Falls IL

Paragraph on the bottom of the page. There was a request for bids to hold the auction. Was due July 5.

farmpony84 07-16-2012 03:47 PM

A multi day live auction. I'm thinking we should do a road trip!!!!

I wonder what the horses will go for? I read somewhere that they generally sold for 10-30k....

I'm assuming they are not all halter horses.

It's a real shame if you think about it. They might get a million dollars for that bus, if they are lucky and then lets say these horses go really high, like 30k a piece.... what is that? 400 horses x 30k = 12,000,000....

Take away the cost to care for these animals for the time that the government has had them and that doesn't really even come close to the $53M that she stole from her county.

Do you think they'll sell her property? I would love to go to that auction....

MHFoundation Quarters 07-16-2012 03:49 PM

Quote:

Originally Posted by farmpony84 (Post 1600399)
A multi day live auction. I'm thinking we should do a road trip!!!!

Swing by and pick me up on your way, I'm game for a road trip!

equiniphile 07-16-2012 03:52 PM

Can I carpool with you guys? ;-)

smrobs 07-16-2012 03:59 PM

I'd like to meet up and go with ya'll too. I'm thinking she had nothing but halter horses, but I'm sure she has some nice tack and stuff :wink:.

MHFoundation Quarters 07-16-2012 03:59 PM

I'm the closest, we can take my trailer to save on gas! There's room for one horse a piece for the three of us :lol:

I don't know if it is all halter horses or not. If so, I'll save trailer room for you all. I'll take the motor coach, suppose they'd take a rubber check? ;)

farmpony84 07-16-2012 05:09 PM

Quote:

Originally Posted by smrobs (Post 1600431)
I'd like to meet up and go with ya'll too. I'm thinking she had nothing but halter horses, but I'm sure she has some nice tack and stuff :wink:.

I never even thought about the tack! I bet she had some nice clothes too!!!!


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