Selling a horse on loan?!?!

annunziata

annunziata

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I am having some money issues at the moment and have 2 horses one of which is out on loan. She is on loan on a 6 month contract due to run out in August. I am thinking I should sell her as she is a bomb proof hack and so safe. What do I do??? I really like the home she is in and would love the girl who has her to buy her, do i struggle on hoping i get myself sorted out or do I say something to the loaner??? i am really upset as this is something I do not want to do but think it would sort out some of my financial issues.

any advise would be greatly recieved
thanks
 
Why not approach the loaner and ask if they would be interested in buying the horse? If you think the home is excellent and need a quick money fix then that might be a very good way out of it.
 
You should be upfront with them and explain your situation. Girl I work with has had a horse on loan for two years, but in march the owner told her that she needs to sell him due to money being tight, but she would like her to have him if that was at all possible. She gave my mate three months to try to get the money together and then she would have no option but to put him on the market.
My mates partner has given her half the money for him and she has scraped the rest together by working non stop so because the owner was upfront and gave her a few months to sort things out things worked out for the best.
 
Give the girl who has your horse on loan the first option to purchase. If she does not want to or cannot afford it, then she can't say anything if/when you sell the horse to someone else. The potential loss of the horse is a risk that loaners have to take.
 
Ask the loaner if she wants to buy her. And if the answer is yes - agree a price.

Do consider the price carefully though - it may be that they would like to buy the horse, but not have much money. It may be that you are happy to let the horse go for not very much in the knowledge that she has gone to a good home.

However, if you are looking to make some money by selling the horse that may not be a good solution for you.
 
I would firstly contact the lady that has her on loan and ask if she would like to buy her , so your not in an awkward position and you have offered her first refusal on the mare.
If she says that she isn't in a position to buy , I would apologise , explain your situaution and put her up for sale if you need the money so desepratley .
 
This happened to me with a horse I had on loan. I was not in a situation to fork out for him, so managed to come to an agreement with the owner that I'd pay in instalments. She really wanted him to stay with me, so was happy to do this. However she wasn't desperate for the money.
Offer her to the loaner, perhaps a little cheaper than you would advertise, but if she cannot afford him, just explain the situation. A lot of people loan because they cannot afford to buy, so I'm sure she'll understand the need for you to raise the cash.
 
I have thought about the price for her and on the open market she would be work about 2.5K she has eventing intro level and dressage to novice (not well I may add) hunted hacks on her own and in company and is a perfect horse to look after she does have a capped hock though never been a problem I really want her to buy her so I was thinking £1800 inc all the tack and rugs?!?! Do you think I should go and see her and explain or just call her??
 
talk face to face, and explain that you have no choice but to sell so your giving her 1st refusal. i had a horse on loan and she decided to sell, she gave me 1st refusal but at the time i couldnt afford to but, but i would have been gutted if she had not given the 1st refusal.
 
I think you are underpricing her unless there are problems your not mentioning?
An intro level horse that does everything is work at least 3-4K IMO
 
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