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| I am on here under a new username because I want to stay hidden. My husband and I are trying to get into our first house together. We have been married for two years and we are now ready to buy a house. The big problem is the down payment. We want to be able to put down a good chunk. We have 3 horse. I have two and he has one. Is it worth it to sell my heart horse. He is my dream horse, dream color, dream bloodlines dream conformation, dream attitude, just all around perfect in my eyes and i just started him this last spring and he is more then o could ever ask for very talented. I bought him as a two year old and then made the heart breaking decision to sell him when I got married to help pay for the wedding. I regretted selling him up until the point I bought him back a few months later!! YES was lucky enough the people let me buy him back. From that moment on I said I would never sell him. my other horse is in a lease situation so technically he is not even in the picture. Its really important to me that my husband and I get our own house ( we are currently living in an apartment on my parents place) i love them, but we want to get out! Do I suck it up and sell my heart horse to get into a house? Do i get another job? Find other mean to save money? sorry this was so long. Any input harsh or not would be appreciated.  |
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 Shelter Dog Lover
Posts: 10277
 
| I would not sell if he is not one that you can ever get over selling. I have sold in the past, shed a few tears as they left but was able to feel good about the sell. I have one that I let someone take for a month, I cried every day he was gone and finally told them I could not sell him and bring him home ( he was never for sale, was not being used and they continually asked to try him, I finally said ok).
Edited by rodeomom3 2017-06-20 6:07 PM
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 Gotta Have a Gray
Posts: 899
Location: Tex. Panhandle | You need to do what is best for you and your husband. BUT you both need to be in agreement on it. If you are not completely on board, it could be an issue later. I will say I have sold 3 like that in the past 5 years. Always because our family needed the $..... be it part of a down payment on our current home or when we decided to place flooring throughout 3700 sq feet and gut a bathroom.
Was it hard to sell them ..... heck yes. Did it break my heart at the time ..... yes. Would i do it again with either 1 of mine standing out in our pasture now ..... yes. My family comes before any hobby. My husband and I have sold 2 5th wheels also and went without one for sev years simply bc we were so busy with other things we didnt have time to go. Also sold our boat this past spring. Now he has his dream camper (which we got used at one heck of a price)
Just because one door closes on what we think is exactly what we want/need, does NOT mean something better is not in store in the future.
Best of luck, those choices are never easy to make |
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 Expert
Posts: 3815
 
Location: The best kept secret in TX | sadandlost - 2017-06-19 3:31 PM I am on here under a new username because I want to stay hidden. My husband and I are trying to get into our first house together. We have been married for two years and we are now ready to buy a house. The big problem is the down payment. We want to be able to put down a good chunk. We have 3 horse. I have two and he has one. Is it worth it to sell my heart horse. He is my dream horse, dream color, dream bloodlines dream conformation, dream attitude, just all around perfect in my eyes and i just started him this last spring and he is more then o could ever ask for very talented. I bought him as a two year old and then made the heart breaking decision to sell him when I got married to help pay for the wedding. I regretted selling him up until the point I bought him back a few months later!! YES was lucky enough the people let me buy him back. From that moment on I said I would never sell him. my other horse is in a lease situation so technically he is not even in the picture. Its really important to me that my husband and I get our own house ( we are currently living in an apartment on my parents place ) i love them, but we want to get out! Do I suck it up and sell my heart horse to get into a house? Do i get another job? Find other mean to save money? sorry this was so long. Any input harsh or not would be appreciated.
Cut your costs.
Talk with a financial advisor on how to save money. You'd be surprised how much money you can save by cutting out all the "extras".
*Down size on everything.
*Shop with coupons
*Cut off the internet, turn the phones down on the internet
*Shop around for a cheaper phone plan
*refinance your vehicles for lower interest rates
*clean out your closets
*down size your boot collection
Look into a budget when talking with your financial counselor
*Look into investing money elsewhere through a broker
*A "good chunk of moeny" for a downpayment is around 10-20% of the cost of the house. ($100k house= 10k-20k downpayment.)
*Look into selling the lease horse to the Leasee
*Shop at stores like Aldi or Sams Club instead of Walmart -Buy in bulk but always do the math to make sure you are getting a good deal
*Cancel all subscriptions to any magazines that are a recurring payment each month
*Cancel all subscriptions that charge per month (Amazin, Ipsy, Gym, etc.)
*Look into a second job for you
*Look into a second job for your husband
*Have all checks split into checking and savings per direct deposit so that you never see the money before it hits your savings account.
*Have your savings account at a completely seperate bank so that it makes transfering money to a checking account extremely hard or extremely time consuming. This will cut down on withdrawls from savings accounts to checking accounts. (I found this extremely helpful for husbands who like to trasfer.)
*An easy way to budget is to close your debit card on your checking account. This makes buying online extremely hard, but you are still able to pay bills by keeping it open using your routing number and checking account number. You would have to buy a visa pre-paid card in order to buy something online and it's very time consuming to have to reload the card. Use cash instead for every day purchases. Figure out how much you can spend per day and don't go over that limit. Seeing tha cash you have left is a good way to stop the spending. This every day budget will make sure you don't touch your savings and you don't run out of money between checks. |
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Go Get Em!
Posts: 13503
Location: OH. IO | How much do you pay for rent on parents property and how much would your dream horse sell for in your opinion? |
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Member
Posts: 5
| IRunOnFaith - 2017-06-19 3:55 PM
sadandlost - 2017-06-19 3:31 PM I am on here under a new username because I want to stay hidden. My husband and I are trying to get into our first house together. We have been married for two years and we are now ready to buy a house. The big problem is the down payment. We want to be able to put down a good chunk. We have 3 horse. I have two and he has one. Is it worth it to sell my heart horse. He is my dream horse, dream color, dream bloodlines dream conformation, dream attitude, just all around perfect in my eyes and i just started him this last spring and he is more then o could ever ask for very talented. I bought him as a two year old and then made the heart breaking decision to sell him when I got married to help pay for the wedding. I regretted selling him up until the point I bought him back a few months later!! YES was lucky enough the people let me buy him back. From that moment on I said I would never sell him. my other horse is in a lease situation so technically he is not even in the picture. Its really important to me that my husband and I get our own house ( we are currently living in an apartment on my parents place ) i love them, but we want to get out! Do I suck it up and sell my heart horse to get into a house? Do i get another job? Find other mean to save money? sorry this was so long. Any input harsh or not would be appreciated.
Talk with a financial advisor on how to save money. You'd be surprised how much money you can save by cutting out all the "extras".
*Down size on everything.
*Shop with coupons
*Cut off the internet, turn the phones down on the internet
*Shop around for a cheaper phone plan
*refinance your vehicles for lower interest rates
*clean out your closets
*down size your boot collection
Look into a budget when talking with your financial counselor
*Look into investing money elsewhere through a broker
*A "good chunk of moeny" for a downpayment is around 10-20% of the cost of the house. ($100k house= 10k-20k downpayment.)
*Look into selling the lease horse to the Leasee
*Shop at stores like Aldi or Sams Club instead of Walmart -Buy in bulk but always do the math to make sure you are getting a good deal
*Cancel all subscriptions to any magazines that are a recurring payment each month
*Cancel all subscriptions that charge per month (Amazin, Ipsy, Gym, etc.)
*Look into a second job for you
*Look into a second job for your husband
*Have all checks split into checking and savings per direct deposit so that you never see the money before it hits your savings account.
*Have your savings account at a completely seperate bank so that it makes transfering money to a checking account extremely hard or extremely time consuming. This will cut down on withdrawls from savings accounts to checking accounts. (I found this extremely helpful for husbands who like to trasfer.)
*An easy way to budget is to close your debit card on your checking account. This makes buying online extremely hard, but you are still able to pay bills by keeping it open using your routing number and checking account number. You would have to buy a visa pre-paid card in order to buy something online and it's very time consuming to have to reload the card. Use cash instead for every day purchases. Figure out how much you can spend per day and don't go over that limit. Seeing tha cash you have left is a good way to stop the spending. This every day budget will make sure you don't touch your savings and you don't run out of money between checks.
Thank you that is all really great tips! I really appreciate you taking the time to write all that out! |
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Member
Posts: 5
| jake16 - 2017-06-19 3:56 PM
How much do you pay for rent on parents property and how much would your dream horse sell for in your opinion?
We only pay 300$ my parents are extremely generous on letting us have a place for us and the horses to stay for such a low cost. First time I sold him as a two year old for 3000$ now as a three year old that I would call him basically broke I would get him gelded ( I think he would sell better??) and ask probably 5-7000? I honestly have no idea I haven't thought that far into it because I don't want to. But I also know now I need to be realistic with my self. |
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 Elite Veteran
Posts: 929
| IRunOnFaith - 2017-06-19 1:55 PM
sadandlost - 2017-06-19 3:31 PM I am on here under a new username because I want to stay hidden. My husband and I are trying to get into our first house together. We have been married for two years and we are now ready to buy a house. The big problem is the down payment. We want to be able to put down a good chunk. We have 3 horse. I have two and he has one. Is it worth it to sell my heart horse. He is my dream horse, dream color, dream bloodlines dream conformation, dream attitude, just all around perfect in my eyes and i just started him this last spring and he is more then o could ever ask for very talented. I bought him as a two year old and then made the heart breaking decision to sell him when I got married to help pay for the wedding. I regretted selling him up until the point I bought him back a few months later!! YES was lucky enough the people let me buy him back. From that moment on I said I would never sell him. my other horse is in a lease situation so technically he is not even in the picture. Its really important to me that my husband and I get our own house ( we are currently living in an apartment on my parents place ) i love them, but we want to get out! Do I suck it up and sell my heart horse to get into a house? Do i get another job? Find other mean to save money? sorry this was so long. Any input harsh or not would be appreciated.
Talk with a financial advisor on how to save money. You'd be surprised how much money you can save by cutting out all the "extras".
*Down size on everything.
*Shop with coupons
*Cut off the internet, turn the phones down on the internet
*Shop around for a cheaper phone plan
*refinance your vehicles for lower interest rates
*clean out your closets
*down size your boot collection
Look into a budget when talking with your financial counselor
*Look into investing money elsewhere through a broker
*A "good chunk of moeny" for a downpayment is around 10-20% of the cost of the house. ($100k house= 10k-20k downpayment.)
*Look into selling the lease horse to the Leasee
*Shop at stores like Aldi or Sams Club instead of Walmart -Buy in bulk but always do the math to make sure you are getting a good deal
*Cancel all subscriptions to any magazines that are a recurring payment each month
*Cancel all subscriptions that charge per month (Amazin, Ipsy, Gym, etc.)
*Look into a second job for you
*Look into a second job for your husband
*Have all checks split into checking and savings per direct deposit so that you never see the money before it hits your savings account.
*Have your savings account at a completely seperate bank so that it makes transfering money to a checking account extremely hard or extremely time consuming. This will cut down on withdrawls from savings accounts to checking accounts. (I found this extremely helpful for husbands who like to trasfer.)
*An easy way to budget is to close your debit card on your checking account. This makes buying online extremely hard, but you are still able to pay bills by keeping it open using your routing number and checking account number. You would have to buy a visa pre-paid card in order to buy something online and it's very time consuming to have to reload the card. Use cash instead for every day purchases. Figure out how much you can spend per day and don't go over that limit. Seeing tha cash you have left is a good way to stop the spending. This every day budget will make sure you don't touch your savings and you don't run out of money between checks.
This is awesome advice for all of us who have other life goals! Thanks!!!  |
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Expert
Posts: 3815
Location: The best kept secret in TX | RodeoCowgirl4u - 2017-06-19 4:39 PM IRunOnFaith - 2017-06-19 1:55 PM sadandlost - 2017-06-19 3:31 PM I am on here under a new username because I want to stay hidden. My husband and I are trying to get into our first house together. We have been married for two years and we are now ready to buy a house. The big problem is the down payment. We want to be able to put down a good chunk. We have 3 horse. I have two and he has one. Is it worth it to sell my heart horse. He is my dream horse, dream color, dream bloodlines dream conformation, dream attitude, just all around perfect in my eyes and i just started him this last spring and he is more then o could ever ask for very talented. I bought him as a two year old and then made the heart breaking decision to sell him when I got married to help pay for the wedding. I regretted selling him up until the point I bought him back a few months later!! YES was lucky enough the people let me buy him back. From that moment on I said I would never sell him. my other horse is in a lease situation so technically he is not even in the picture. Its really important to me that my husband and I get our own house ( we are currently living in an apartment on my parents place ) i love them, but we want to get out! Do I suck it up and sell my heart horse to get into a house? Do i get another job? Find other mean to save money? sorry this was so long. Any input harsh or not would be appreciated.
Talk with a financial advisor on how to save money. You'd be surprised how much money you can save by cutting out all the "extras".
*Down size on everything.
*Shop with coupons
*Cut off the internet, turn the phones down on the internet
*Shop around for a cheaper phone plan
*refinance your vehicles for lower interest rates
*clean out your closets
*down size your boot collection
Look into a budget when talking with your financial counselor
*Look into investing money elsewhere through a broker
*A "good chunk of moeny" for a downpayment is around 10-20% of the cost of the house. ($100k house= 10k-20k downpayment.)
*Look into selling the lease horse to the Leasee
*Shop at stores like Aldi or Sams Club instead of Walmart -Buy in bulk but always do the math to make sure you are getting a good deal
*Cancel all subscriptions to any magazines that are a recurring payment each month
*Cancel all subscriptions that charge per month (Amazin, Ipsy, Gym, etc.)
*Look into a second job for you
*Look into a second job for your husband
*Have all checks split into checking and savings per direct deposit so that you never see the money before it hits your savings account.
*Have your savings account at a completely seperate bank so that it makes transfering money to a checking account extremely hard or extremely time consuming. This will cut down on withdrawls from savings accounts to checking accounts. (I found this extremely helpful for husbands who like to trasfer.)
*An easy way to budget is to close your debit card on your checking account. This makes buying online extremely hard, but you are still able to pay bills by keeping it open using your routing number and checking account number. You would have to buy a visa pre-paid card in order to buy something online and it's very time consuming to have to reload the card. Use cash instead for every day purchases. Figure out how much you can spend per day and don't go over that limit. Seeing tha cash you have left is a good way to stop the spending. This every day budget will make sure you don't touch your savings and you don't run out of money between checks. This is awesome advice for all of us who have other life goals! Thanks!!!
No problem. |
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 Expert
Posts: 1304
| Agreed! I try and do a lot of this already but I'm copying and savin that baby |
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 Peat and Repeat
Posts: 2773
Location: IN MY OWN LITTLE WORLD AT LEAST THEY KNOW ME HERE | Don't know if y'all qualify?
First time home buyers loans.
FHA loans etc
Good advice on here. |
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 Just a Yankee
Posts: 1239
Location: Some where I haven't left yet | Dear "Sadandlost"
STOP IT. Ok, I'm better now. I get what your saying. I do. Cross my heart promise. Stop it, stop that, stop it, stop. (ok insert my sarcastic, maybe I'm not better now) 
There are quite a few "great" ideas that have been posted, by super smart BB's. I can't say I'm "super smart" but my "life experience" puts me on the other side. Marriage is a compromise, a chore, and frankly I miss my Husband more than I can express even though I'm still pretty angry with him for "leaving". (and by that I mean he's 6 foot under) I sold my fair share of horses to "pay the bills" or a major purchase (car, trailer etc) ... guess what - MORE bills came up. So Stop it, get it out of your head. So I'm left with a mountain of debt, no less than 1 million shattered dreams, my stress level passed catastrophe a couple of years ago, my confidence level is at an all time low, and I'm trying like crazy to enjoy life. I have a finished horse that I have ridden twice in the last two years, his crabby mare, and a yearling. I want so bad to have a horse that I LIKE to ride. 
(BTW I can't even look at the thread about selling the wedding ring because I might just loose any shred of civility that I might have left)
Edited by Lucylouwon 2017-06-19 5:22 PM
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Meanest Teacher!!!
Posts: 8555
Location: sunny california | There is no way I would sell my dream horse for $5000. now consider this and I don't mean to belittle you, but if you can not save money for a down payment when only being charged $300 rent; then maybe... you can not afford a house or maybe you are not financially responsible enough for a house and all the unexpected things that come up with ownership.
my son wanted to buy a new car. I told him to save that monthly payment for a year to put down. you would have to pay it anyway!!! |
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Shelter Dog Lover
Posts: 10277
| Lots of great advice. My only add is too add up what your house payment would be, insurance, utilities etc. and save that every month. If you can't do that with the low cost of living you have now you might rethink your financial situation.
Edited by rodeomom3 2017-06-22 9:55 AM
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 Elite Veteran
Posts: 670
Location: Running my kids somewhere. | I would not sell him! I did just that. I found my soul mate and then sold her as I moved to the other side of the country. I was lucky enough to be able to buy her back.
Bought her the first time at 3 yr old and cancer took her at 29 yr old. She was so worth every part. |
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Member
Posts: 5
| Yakima - 2017-06-19 5:16 PM
Don't know if y'all qualify?
First time home buyers loans.
FHA loans etc
Good advice on here.
That's actually the road we are going down is the FHA Loan |
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Member
Posts: 5
| kwanatha - 2017-06-19 5:30 PM
There is no way I would sell my dream horse for $5000. now consider this and I don't mean to belittle you, but if you can not save money for a down payment when only being charged $300 rent; then maybe... you can not afford a house or maybe you are not financially responsible enough for a house and all the unexpected things that come up with ownership.
my son wanted to buy a new car. I told him to save that monthly payment for a year to put down. you would have to pay it anyway!!!
We were paying 950$ for rent. We montage lender that is our price range and he said that we will easily had something in that price range. My parents are doing us a favor and not charging us full rent so we can put that part of rent that we no longer have to pay towards money for the cost of closing on the house. I do not think you are belittling me at all. we are a young newly wed couple. So I am all open ears on any advice. Thank you for your input I really appreciate it!! <3 |
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 Scooters Savior
Location: "Si Fi" Ville | There are tons of other things you can do to make extra money and cutting back is the first. Credit card debt if any is first to be eliminated, cut directv or any Subscription, Netflix is like 7.99. It will improve your health and marriage as well since you will get out and start doing things together. If you have a 401K sometimes you can take a loan from it and use for home purchase. Check your auto insurance and talk to your provider, see if you can change deductible or drop to liability coverage if vehicle is paid for and its value has depleted to an amount it would not make sense to have full coverage. If you have any broken precious metal jewelry it doesn't take a lot to add up. You can google spot price for precious metal. Try to get 85 percent of value. Have a garage sale. Put all unused tack on a site and sell it. You sound like a knowledgeable horse person, why not take a horse to ride for someone? It pays respectable $$$. I would halt all eating out, shopping and other things and sock that money back. Budget meals. Ask mom and dads if any friends have any projects looking for help, that you or husband can do. Set daily goals together. I would cut down to one horse each. Limit my gas expenses. I would not buy anything unless it was a necessary |
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 Elite Veteran
Posts: 889
Location: on the fine line between insanity and geniusness | I completely get it. Life forced me to sell my dream pony several years ago. I will tell you this however, she only sold because she brought a catastrophic amount of money (6 figures kinda money). I did what I had to at the time to get my life started.. BUT I regretted it every single day. It has taken me 4 years since she sold to make horses that I love to run again, and they ARE NOT for sale. Find ways to cut back. Save everything you can and keep your horse. The universe gave him back to you once- that's enough of a sign for me. |
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 Off the Wall Wacky
Posts: 2981
Location: Louisiana | sadandlost - 2017-06-19 4:21 PM
jake16 - 2017-06-19 3:56 PM
How much do you pay for rent on parents property and how much would your dream horse sell for in your opinion?
We only pay 300$ my parents are extremely generous on letting us have a place for us and the horses to stay for such a low cost. First time I sold him as a two year old for 3000$ now as a three year old that I would call him basically broke I would get him gelded ( I think he would sell better?? ) and ask probably 5-7000? I honestly have no idea I haven't thought that far into it because I don't want to. But I also know now I need to be realistic with my self.
To me $5000 is not a life changing amount of $$$ so I'd say no. We have a lot of horses. Of course hubby and I each have our favorites.
There are a few that we both agree would need to be a life changing amount of money to go. |
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Extreme Veteran
Posts: 380
| Have you looked into a rural development loan? I only say this because with RDL the seller usual pays most if not all of the closing costs. So that would add to your down payment instead of it going to closing costs.
I'm not sure where you live or what your budget is but at $5000 to $7000 that might just do the trick.
I sold my house last fall. The buyers had a RDL and we had to cover closing costs because of the type of loan they had. The closing costs were $5000.
Edited by SloRide 2017-06-19 10:07 PM
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 Money Eating Baggage Owner
Posts: 9586
Location: Phoenix | I wouldn't sell your horse. I would get a second job and shop around for cheaper auto insurance and cell phone bill. We DID save $1200/year by switching to Geico from State Farm. This weekend we'll be switching to T-Mobile and saving an additional $100/month. We don't do cable, instead we have Netflix/Hulu/Amazon Prime. I haven't had actual cable TV in 4 years and don't miss it. We are working on getting out of debt before we think about buying a house. I need to get better about not spending so much on food. We also live on a budget and I map it all out and withdraw cash for food & gas. Good luck! If you need some motivation listen to the Dave Ramsey podcast. :). |
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 Certified Snake Wrangler
Posts: 1672
Location: North MS | YNAB Subscription and live by it before selling my horse (Youneedabudget). App for phone and a computer program. Also free for college students. LIFE CHANGING! Wish I had it while I was in college. It isn't a "forecasting" budget tool like most where you plan what you are going to spend for the month. It is a - I have $50 in the bank, how much gas and food can I buy this week type budget plan. Only what you have. But it allows you to make savings goals. Such as a down payment. |
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Veteran
Posts: 186
Location: Good ole SE Mo | We are broke and waste money, it's ridiculous really. We have some small debt that I would love to get "off the books" and could easily do that by selling one of my husband's heel horses. We have had offers for him that would make us feel really good. I bought him for $500 as a 3/4 year old (he's not papered but is probably 7 now) There is an older gentleman around here that has pretty much said name your price. What I am getting at is we could sell Blue Duck and give us some breathing room. Husband pretty much cut his thumb off last summer and has not been on a horse since. Says he's done and now a pig farmer. But I refuse to let him sell the horse he loves him plus he will be our 6 month old daughter's first horse. He is currently with a high school kid just raking in the money lol I know that by selling him it would make it easy for a little bit but the bills will pile back up, they always do. We will always be in this situation until we decide to change.
I really don't know why I typed all that out besides to say what someone else already has........... selling the horse ain't worth it if he means that much to you! Short term gain to me isn't worth the regret you will feel everyday after.
Good luck either way! |
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Location: NE Texas | SloRide - 2017-06-19 9:46 PM
Have you looked into a rural development loan? I only say this because with RDL the seller usual pays most if not all of the closing costs. So that would add to your down payment instead of it going to closing costs.
I'm not sure where you live or what your budget is but at $5000 to $7000 that might just do the trick.
I sold my house last fall. The buyers had a RDL and we had to cover closing costs because of the type of loan they had. The closing costs were $5000.
Where there is a will there is a way..... Lots of great advice here!
We were spending too much boarding but didn't have the down payment for a home with land already on it. So, we sold the house in the city, bought land with an old house (no value in the house, but this meant the property already had a drive, utilities & septic system). In our area, you can get a land loan with 10% down so it was doable for us. We lived in our Travel Trailer on the property for a year and a half all while saving money for a house to put on the property.
Best of luck!
(sorry Sloride - didn't mean to quote you! lol)
Edited by reese_tx 2017-06-20 3:24 PM
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 Elite Veteran
Posts: 602
| Wait to purchase a house. Once you get rid of a nice horse its hard to find another. Your money is already invested into the horse. I sold my barrel horse 3 years ago to take a break, this year I finally saved up enough money to purchase another one. It was harder to start over then to hang on. |
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Expert
Posts: 4766
Location: Bandera, TX | I sold my heart horse back when I was newly married. He built our home. My husband was so happy that we didn't have to get a loan. |
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Elite Veteran
Posts: 695
Location: Windoming | roperqueen - 2017-06-20 11:05 AM We are broke and waste money, it's ridiculous really. We have some small debt that I would love to get "off the books" and could easily do that by selling one of my husband's heel horses. We have had offers for him that would make us feel really good. I bought him for $500 as a 3/4 year old (he's not papered but is probably 7 now) There is an older gentleman around here that has pretty much said name your price. What I am getting at is we could sell Blue Duck and give us some breathing room. Husband pretty much cut his thumb off last summer and has not been on a horse since. Says he's done and now a pig farmer. But I refuse to let him sell the horse he loves him plus he will be our 6 month old daughter's first horse. He is currently with a high school kid just raking in the money lol I know that by selling him it would make it easy for a little bit but the bills will pile back up, they always do. We will always be in this situation until we decide to change. I really don't know why I typed all that out besides to say what someone else already has........... selling the horse ain't worth it if he means that much to you! Short term gain to me isn't worth the regret you will feel everyday after. Good luck either way!
This. I was offered an outrageous amount of money (more than he was really worth) for my heart horse. I cried every day right up to the day they were supposed to try him. I decided I couldn't sell him. Sometimes I do wish I had sold him, because I don't use him to his potential, but this way I don't have to worry about the kind of treatment he is getting. I figured like Roperqueen did, the bills would still start piling up and my horse would be gone. My husband didn't care which decision I made, thank goodness. I always thought that if something happened that we needed the money desperately, then I would sell him. Hasn't happened, knock on wood....... |
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Gettin Jiggy Wit It
Posts: 2734
| I am not much help... But I couldn't do it. I cant sell horses. Id sell obviously if I couldn't afford to feed them or our home was at stake but I would find some other way to make it work to keep my horse if I was in your situation. But that is just me and I am not in your situation. I shouldn't even be commenting. What I mean is, yes it may help put you in the situation to get a house faster but in the long run make sure you are going to be happy too. It doesn't sound like you are in a life and death situation that forces you to sell. |
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 Warrior Mom
Posts: 4400
| roperqueen - 2017-06-20 12:05 PM
We are broke and waste money, it's ridiculous really. We have some small debt that I would love to get "off the books" and could easily do that by selling one of my husband's heel horses. We have had offers for him that would make us feel really good. I bought him for $500 as a 3/4 year old (he's not papered but is probably 7 now) There is an older gentleman around here that has pretty much said name your price. What I am getting at is we could sell Blue Duck and give us some breathing room. Husband pretty much cut his thumb off last summer and has not been on a horse since. Says he's done and now a pig farmer. But I refuse to let him sell the horse he loves him plus he will be our 6 month old daughter's first horse. He is currently with a high school kid just raking in the money lol I know that by selling him it would make it easy for a little bit but the bills will pile back up, they always do. We will always be in this situation until we decide to change.
I really don't know why I typed all that out besides to say what someone else already has........... selling the horse ain't worth it if he means that much to you! Short term gain to me isn't worth the regret you will feel everyday after.
Good luck either way!
Sounds just like my situation... except mine drives a truck... he had a super nice head horse, we sold him once while we were in a rough spot... things got better and by the Grace of God we were able to buy him back from the gal and I have a lifetime friend in her! Well of course, things got bad again... he decided to sell him again... to help pay some things... we won't be able to get the horse back this time... and guess what.. we are broke, in debt and pretty much in the same situation we began with the first time! I so wish he hadn't sold him this last time... I've had my good horse sold and he called the guy and told him the deal was off because he's my heart horse and my hubby didn't want me to make the same mistake with my horse! Sigh.... so .... when my kiddos return to school, this momma is starting a part time job to help out! Don't sell the horse... unless it's your absolute LAST option.... wish I still had that big grey monster in my pasture |
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Extreme Veteran
Posts: 520
| I wouldn't sell my horse, you will regret it. What you want for him is a relatively small amount when it comes to buying a home. It wouldn't be worth that to me to loose my horse. I won't even sell my heart horse for $100,000 and mind you he is an athritic 14 year old with pssm that I can only occasionally ride lol! |
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 Bulls Eye
Posts: 6443
Location: Oklahoma | I can tell you I sold my heart horse January 2016. I loaded him on a trailer January 31, 2016. I've cried every **** day since he left. A couple of weeks ago they offered him back to me. He's been gone 1 year, 5 months and 20 days... Yes, I've counted. I can't tell you how happy I am he is coming home. My husband has said he will never leave again |
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 Half-Eaten Cookies
Posts: 2076
Location: Fort Worth / Springtown | Here is my one tip - pray about it! Invite God into your decision. Maybe you have already done this....I have no idea what your religious affiliation is, but IMO there isn't anything more important. I have a heart horse - selling a heart horse to me would be like selling a kid. If I look at him and envision a scenario where I'd sell him, I tear up - not doing it.
My husband and I found our dream house. When talking to another couple who looked for 3 years, we told them that there was no way we could wait that long. You know how long we searched? 3 years. It was so tough living away from my horses and driving to my parents' place twice a day to ride/feed, feeling like I was never "home" - once you get excited about that changing, 3 years seems like an eternity....but not in God's time. My husband lost his good paying job shortly after beginning our horse property hunt. And of course, it seems everything needs repair once you lose your job, shocks, tires, car wreck deductible, animals hurt....We called off the search, but soon after, my husband ran into a friend of ours who was recently divorced and just started a new career - she was putting her realtor sign up at a house when he drove by and stopped to talk - she led us to reluctantly look at properties in our new LOW price range - we had to search for a new finance company, also - wanting land AND a house took us to some dumps!....some places we were a little scared driving down the driveway - we even had gun threats at one place by the neighbors not wanting anyone but him to buy the property - scared off lots of buyers, including us (and that was actually a real nice place). Our house was on the market for over 2 years during a really bad time in the economy - everytime we got an email that we had a showing, we dropped everything and left our jobs to clean, pull up rugs that were on the new carpet, bake cookies, and remove our dog, even in the middle of losing a beloved cat from a freak accident, filled with tears, and having paint and plywood all in our house from working on a Christmas church program, I had to leave work to get our house ready for a showing . 2 years later, we finally decided to take our house off the market and then someone made an offer -go figure. There was this beautiful place I drove by twice a day on the way to my parents house/horses that had been for sale for a while. Around this time, I was scanning real estate listings while my husband was driving - I saw the price on that house had dropped, drastically, and I said, "no way!." Well, God said "YES WAY!!" My husband said, "call Ruth - put in an offer!" He knew he didn't even need to see the inside. We had actually seen the house get bought and sold years back. It was a short sale, but we didn't know that at the time. It took 8 grueling months from our offer to closing, and the sellers were not cooperative (I'll spare you that long story). We sold our house, had to move in w/ my parents -actually had an animal rescue agree to hold a cat for us for 4 months (one that looked just like our cat that died) - we lived w/ my parent for 6 months and my dad said he never wanted to hear the words "short sale" again. In that time we finished our car note that freed up more buying power for us. We were in "buying house mode for so long, that our credit looked really good and we knew what and what not to do, like not purchase furniture or vehicles or anything until AFTER you close on the house). We scraped all our money just to cover the closing costs + 3% - about $10,000/$11,000 - which was a LOT of $ for us and our situation, but everything fell into place all at the right time. The title company even said they don't usually see someone buy a house and already have that much equity in it. And we LOVE our place - it is like our little piece of Heaven on Earth. I pray you find yours, too! Keep us posted!
Edited by txbredbr 2017-06-21 2:50 PM
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Location: in the ozone | you have 3 horses together - one is leased out & then yours & the hubs. So why are you contemplating selling yours only?
I would NOT sell my heart horse, especially if I had sold it once & was fortunate enough to get it back. I would do whatever I had to do to come up with the extra. In the grand scheme of things, $5000 is not that much when it comes to down payment on a house/property anyway. |
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 My Heart Be Happy
Posts: 9159
Location: Arkansas | TwistedK - 2017-06-21 7:27 AM
I can tell you I sold my heart horse January 2016. I loaded him on a trailer January 31, 2016. I've cried every **** day since he left. A couple of weeks ago they offered him back to me. He's been gone 1 year, 5 months and 20 days... Yes, I've counted. I can't tell you how happy I am he is coming home. My husband has said he will never leave again
I'm so happy for you  |
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 Too Skinny
Posts: 8009
Location: LA Lower Alabama | So lets look at it from a math side. You are paying 300 in rent but with a home would be paying 900. So where is that 600 going each month? Save that for 6 months and you have half of what your horse is worth. In one year you have your full down payment, your favorite pony and a good budget going for survivng your first home purchase.
ETA I save drastic measures for times of true hardship. They will happen and selling may be your only way out but prepping correctly will help keep that from happening.
Edited by cowgalsissy 2017-06-22 9:34 AM
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Doggy Diaper Designer
Posts: 2322
Location: WI | Keep the horse. $5k won't get you that far ahead. And that's assuming you can even get him sold. Not sure what he is but...
Also if you enjoy him and have fun, keep him. You can get other horses but it's but the same |
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Bulls Eye
Posts: 6443
Location: Oklahoma | Chandler's Mom - 2017-06-21 11:15 PM
TwistedK - 2017-06-21 7:27 AM
I can tell you I sold my heart horse January 2016. I loaded him on a trailer January 31, 2016. I've cried every **** day since he left. A couple of weeks ago they offered him back to me. He's been gone 1 year, 5 months and 20 days... Yes, I've counted. I can't tell you how happy I am he is coming home. My husband has said he will never leave again
I'm so happy for you
It's like everyone else has said... you will still have bills regardless if you sell him or not. You've gotten him back once, don't make the mistake of letting him go again. I hemmed and hawed for years over selling Duncan... and when he left it was like a part of me left too. I still haven't enjoyed riding since he's been gone. He's still a stud, so I have a handful of mares interested in breeding to him in 2018 and that will help cover his board for a few months. |
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Money Eating Baggage Owner
Posts: 9586
Location: Phoenix | spitzh - 2017-06-20 1:17 PM Wait to purchase a house. Once you get rid of a nice horse its hard to find another. Your money is already invested into the horse. I sold my barrel horse 3 years ago to take a break, this year I finally saved up enough money to purchase another one. It was harder to start over then to hang on.
I agree. Unless you buy yourself a lower priced project to get going. I've always had horses given to me or traded around and when my horse passes or gets you old to do anything with...I will be at square one again and that's slot of money to shell out on a hobby when you really break it down!!! |
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Expert
Posts: 2531
Location: WI | First, take a hard look at your spending and saving habits. Chances are if changes aren't made there, you are going to be in the same boat down the road. With no horse left to sell. |
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Selling My Heart Horse