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Elite Veteran
Posts: 618
 
| I've been tasked with appraising horses as part of a estate in which there is no will. Needless to say it's an UGLY situation. I need input.
I have a Coronado Cartel(booked full in '15 and '16) 5 month old filly out of a Hadif(TB) mare that lost her right eye at 5 days old. The mares(unraced) first foal will hit the track at Lonestar this fall. The filly is ABSOLUTELY GORGEOUS and conformationally correct. Nice feet and bone. Sweet disposition and has adjusted well to having one eye. However, the other negative, she has a hernia on her belly that needs to be clamped. What is a realistic monetary value of this filly? I'm NOT trying to sell her just need input on value. Thanks in advance! |
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 Veteran
Posts: 110
| Poor thing. I would say a we need to know more about the mare to get a good value but maybe $2000-$2500. Fixing up that hernia would help her a lot. |
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 Undercover Amish Mafia Member
Posts: 9992
  
Location: Kansas | One eye, and hernia (which will cost buyer $$$ to clamp)......$2,000
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Elite Veteran
Posts: 618
| Thank you. The mare is an unraced(due to injury) TB by City Street, unimpressive out of fleet a dif who won 130k I believe. I don't have info in front of me so I reserve the right to be wrong on stats. The mares 2014, first foal is supposed to race at lonestar this fall.
The eye surgery was approximately $800. Due to the crazy dysfunctional people involved I'm worried the judge will most likely order them to all be sold. Trying to figure out do we invest $ to fix hernia or offer her to someone at a heavy discount. First and foremost, I want what's best for the horses, particularly this filly given her handicap already. |
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 BHW Resident Surgeon
Posts: 25352
Location: Bastrop, Texas | There once was a similarly flawed Palomino with one eye from South Dakota. The dumb asses didn't geld him either. Can you imagine such stupidity? |
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  That's White "Man" to You
Posts: 5515
| Hernia surgery cost about $300. |
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 Take a Picture
Posts: 12842
| You did not mention if the filly has been registered yet. As part of an estate, this could be a serious problem. Also if registered, the filly will be appendix. This does not bother me but may bother others. No papers in hand, the filly is not worth much. |
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Elite Veteran
Posts: 618
| I know how much the hernia surgery costs. She is not registered but can be. She would NOT be sold without the papers to do so. Bear, I certainly don't discount his filly but I have 17 horses I'm responsible for right now and am trying to appraise them fairly. I have to answer to a lot of people for every penny I spend. This is very difficult situation. I love these animals. |
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Meanest Teacher!!!
Posts: 8555
Location: sunny california | iloveequine40 - 2016-08-02 1:51 PM I know how much the hernia surgery costs. She is not registered but can be. She would NOT be sold without the papers to do so. Bear, I certainly don't discount his filly but I have 17 horses I'm responsible for right now and am trying to appraise them fairly. I have to answer to a lot of people for every penny I spend. This is very difficult situation. I love these animals.
yes but the person that died probably thought pretty highly of their horses and this filly so i think having the surgery would be in the horses best interest. |
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Extreme Veteran
Posts: 432
| Bear - 2016-08-02 2:38 PM There once was a similarly flawed Palomino with one eye from South Dakota. The dumb asses didn't geld him either. Can you imagine such stupidity?
And they're still breeding him! Morons! |
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That's White "Man" to You
Posts: 5515
| iloveequine40 - 2016-08-02 3:51 PM I know how much the hernia surgery costs. She is not registered but can be. She would NOT be sold without the papers to do so. Bear, I certainly don't discount his filly but I have 17 horses I'm responsible for right now and am trying to appraise them fairly. I have to answer to a lot of people for every penny I spend. This is very difficult situation. I love these animals. Then the answer is simple, isn't it?
I liquidated a herd of horses that I reposessed... averaged $200/head. That will give you a realistic comparable value.
Edited by Whiteboy 2016-08-02 4:21 PM
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Elite Veteran
Posts: 618
| The person that died has been gone for 17 months. The mare had just been bred. She never saw her. I KNOW she would love her and would want what's best for her. I WANT what's best for her. The husband/owner has been advised by his attorneys to sell them TO STOP THE FINANCIAL BLEEDING. As the manager of the horses I'm just trying to get a fair market value because I HAVE to answer to the court for every dollar spent, for every horse sold etc. We have authority to sell the horses be it was a business partnership between husband/wife and he is administrator of her Estate. I have breeders report and transfer/foal registeration papers ready to go for any foals I sell.
Bear, I don't know what horse you're talking about. I'm certainly NOT discounting this filly at all. She could be an amazing horse. I don't want to sell her personally but it's not up to me.
Let me try this again:
What would a one eyed filly with a hernia with her breeding be worth, period. Buyers WILL be able to register her!
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Location: Not Where I Want to Be | iloveequine40 - 2016-08-02 5:20 PM Let me try this again: What would a one eyed filly with a hernia with her breeding be worth, period. Buyers WILL be able to register her!
$500-1000 if you found the right person.
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 A Somebody to Everybody
Posts: 41354
Location: Under The Big Sky Of Texas | 1DSoon - 2016-08-02 4:37 PM iloveequine40 - 2016-08-02 5:20 PM Let me try this again: What would a one eyed filly with a hernia with her breeding be worth, period. Buyers WILL be able to register her! $500-1000 if you found the right person.
Edit to add I dont trust much when somebody tells me a horse can be reg. in a situation like this. If who ever does buy her they need to check with AQHA and make sure the studs and mares papers are in order and the stud report has been sent in. I didnt read all the replys so you may have said the papers are in order.
Edited by Southtxponygirl 2016-08-02 4:46 PM
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Elite Veteran
Posts: 618
| Thank you |
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 Expert
Posts: 2097
Location: Deep South | iloveequine40 - 2016-08-02 4:20 PM
The person that died has been gone for 17 months. The mare had just been bred. She never saw her. I KNOW she would love her and would want what's best for her. I WANT what's best for her. The husband/owner has been advised by his attorneys to sell them TO STOP THE FINANCIAL BLEEDING. As the manager of the horses I'm just trying to get a fair market value because I HAVE to answer to the court for every dollar spent, for every horse sold etc. We have authority to sell the horses be it was a business partnership between husband/wife and he is administrator of her Estate. I have breeders report and transfer/foal registeration papers ready to go for any foals I sell.
Bear, I don't know what horse you're talking about. I'm certainly NOT discounting this filly at all. She could be an amazing horse. I don't want to sell her personally but it's not up to me.
Let me try this again:
What would a one eyed filly with a hernia with her breeding be worth, period. Buyers WILL be able to register her!
Bear is talking about Frenchman's Guy. You don't sound like you're discounting the filly, I don't think his comment was meant that way.
The rule of thumb is that weanlings are worth 2-3x the stud fee. Unraced, unproven mare, we'll go with just twice. That's $5000. I know a hernia surgery runs about $500 in my area, but I think you have to account for more than just the cost of surgery, you have to account for the trouble of it, people could just as easily find a prospect without one, so knock $1500 off. That's $3500. I don't know how you put value on an eyeball, but I definitely think people are going to shy away from it as a major fault. I would knock another $1500 off that and price her at $2000.
Just one person's opinion. Best of luck with her! |
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Elite Veteran
Posts: 618
| She comes with everything needed to be registered. I've had ZERO issues with all the previous foals sold and the new owner getting them registered. It costs a little more bc of DNA testing but that's it |
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Elite Veteran
Posts: 618
| All papers for stallion, mare and transfers are correct and in place. |
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A Somebody to Everybody
Posts: 41354
Location: Under The Big Sky Of Texas | iloveequine40 - 2016-08-02 4:52 PM
All papers for stallion, mare and transfers are correct and in place.
Thats good. |
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The Advice Guru
Posts: 6419
| iloveequine40 - 2016-08-02 4:46 PM
She comes with everything needed to be registered. I've had ZERO issues with all the previous foals sold and the new owner getting them registered. It costs a little more bc of DNA testing but that's it
You have to get the executator (sp) of the will to sign the registration application plus the transfer and i beleive have it notarized or aqha will not accept it.
To me I wont buy one with this baggage on it as I bought one from an estate, nice mare, aqha wouldnt complete the transfer even though I had everything in order, (will ,court documents, signed transfer and the papers) |
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