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| GOOD LORD WHAT A LOT OF DRAMA .... lol
Just have him mail you a personal check for deposit or full payment and allow the 10 days hold at your bank before picking up the horse ...
If you pick up cash at Walmart or Western Union on deposit what is the problem?? If he shows up with cash let him take the horse if anything different pull out your concealed and run his butt off .....
I rarely have done deposits except at long term weaning times and have accepted personal checks or cash from strangers that showed up as planned to buy a horse without ever having a problem.
Send the man to my barn and I will take his money and send you a finders fee ... lol |
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 Expert
Posts: 2161
Location: NW. Florida | If he sends you a money order from the post office you can cash it at the post office the day you receive it and would know if it's good before he picks the horse up. |
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 A Somebody to Everybody
Posts: 41354
 
Location: Under The Big Sky Of Texas | Have him send you a personal check for a deposit it should clear in 5 working days and if not then you know he dont have the money to buy your horse, if check clears awesome, when he comes for the horse cash all the way, no ands, ifs, or buts about it cash only for the whole amount that he owe's you. Simple I have done this a few times.  |
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 The Bird Lady
Posts: 6440
Location: The end of the Earth, SE AR | I have been selling horses for about 15 years.
I have learned some things in my time. Fortunately, never got screwed out of money. Or a horse.
The only deviation from my time tested rules that I am asking about is the desposit. And since then I have read that at both Walmart and Western Union I can recieve the money directly in cash. I have emailed him and given him those options, plus the option of a money order or a bank check with the stipulation that he can't pick up the horse until I notify him that my bank said it cleared and was good.
I require a deposit because I left a Texas vacation 3 days early to meet a horse buyer who was picking up a horse of mine she just had to have, only to come home and wait and wait and she never showed up.
I explained to the buyer that for me to take the horse off the market I needed a deposit. If he was concerned that someone else would put a deposit down on her or come get her before he got here, he'd need a deposit. He told me he wanted to put down a 20% deposit.
You obviously have no idea who I am, or who my husband is if you think we'd let you or anyone else drive out of here with my horse without paying me in cash. (Except for Three4Luck, I let her pay by check but then I know where she lives, and where her parents live, where her husband works, and what her darling children look like). We have plenty of guns in the house, in the barn, in our trucks (and who know's where else my husband stashes them) that there is no way anyone could get out of here with a horse and not pay cash as required. I have no problem telling someone who shows up here and "forgets their money" to turn around and drive the 2 hours or 2 days home. And if my biatchy attitude and are guns don't send them running home, Ruger my 223lb mastiff will help send them on their way.
Edited by rollingrfarm 2014-02-11 2:50 PM
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A Somebody to Everybody
Posts: 41354
Location: Under The Big Sky Of Texas | rollingrfarm - 2014-02-11 2:48 PM I have been selling horses for about 15 years.
I have learned some things in my time. Fortunately, never got screwed out of money. Or a horse.
The only deviation from my time tested rules that I am asking about is the desposit. And since then I have read that at both Walmart and Western Union I can recieve the money directly in cash. I have emailed him and given him those options, plus the option of a money order or a bank check with the stipulation that he can't pick up the horse until I notify him that my bank said it cleared and was good.
I require a deposit because I left a Texas vacation 3 days early to meet a horse buyer who was picking up a horse of mine she just had to have, only to come home and wait and wait and she never showed up.
I explained to the buyer that for me to take the horse off the market I needed a deposit. If he was concerned that someone else would put a deposit down on her or come get her before he got here, he'd need a deposit. He told me he wanted to put down a 20% deposit.
You obviously have no idea who I am, or who my husband is if you think we'd let you or anyone else drive out of here with my horse without paying me in cash. (Except for Three4Luck, I let her pay by check but then I know where she lives, and where her parents live, where her husband works, and what her darling children look like). We have plenty of guns in the house, in the barn, in our trucks (and who know's where else my husband stashes them) that there is no way anyone could get out of here with a horse and not pay cash as required. I have no problem telling someone who shows up here and "forgets their money" to turn around and drive the 2 hours or 2 days home. And if my biatchy attitude and are guns don't send them running home, Ruger my 223lb mastiff will help send them on their way.
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  Roan Wonder
Location: SW MO | Have him do a pay pal deposit or over night you a personal check. |
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 Accident Prone
Posts: 22277
Location: 100 miles from Nowhere, AR | Oh wow, I feel special now. LOL. I think some of y'all are trying to make it more complicated than it is. I can kinda understand the issue with wire transfers--my bank doesn't do them either but they will facilitate a 3rd party transfer. Big PIA and it never goes through on time. I have an online account with another bank, but I don't keep money in there anymore and it takes 3 days to transfer money in. Not all of us live in the 21st century.  |
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 Horsey Gene Carrier
Posts: 1888
Location: LaBelle, Florida | Bank Certified check...guaranteed to be good.
I just did one for a deposit on a puppy. |
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The Advice Guru
Posts: 6419
| Southtxponygirl - 2014-02-11 2:46 PM
Have him send you a personal check for a deposit it should clear in 5 working days and if not then you know he dont have the money to buy your horse, if check clears awesome, when he comes for the horse cash all the way, no ands, ifs, or buts about it cash only for the whole amount that he owe's you. Simple I have done this a few times.
I don't know about your area but if I get a check from out of province, they check issuer has 30 days to dispute it, so for people accepting check please ask your bank when the check is free and clear no disputes |
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 Extreme Veteran
Posts: 392
Location: CA | cheryl makofka - 2014-02-11 2:36 PM Southtxponygirl - 2014-02-11 2:46 PM Have him send you a personal check for a deposit it should clear in 5 working days and if not then you know he dont have the money to buy your horse, if check clears awesome, when he comes for the horse cash all the way, no ands, ifs, or buts about it cash only for the whole amount that he owe's you. Simple I have done this a few times. I don't know about your area but if I get a check from out of province, they check issuer has 30 days to dispute it, so for people accepting check please ask your bank when the check is free and clear no disputes
I want to add I took a personal check for a saddle and told the buyer I would hold it for 10 days, BUT when I deposited the check my bank told me they could not call the other bank and verify the funds were there due to confidentiality issues. They also told me they had up to 30 days for the check to be returned as NSF, and they could not tell me when they actually received the funds into my account. I did not and still do not know why my bank could not tell me when THEY received the funds. I ended up asking the buyer to send me a copy of her processed check, luckily everything worked out and the buyer was legit. |
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A Somebody to Everybody
Posts: 41354
Location: Under The Big Sky Of Texas | cheryl makofka - 2014-02-11 4:36 PM Southtxponygirl - 2014-02-11 2:46 PM Have him send you a personal check for a deposit it should clear in 5 working days and if not then you know he dont have the money to buy your horse, if check clears awesome, when he comes for the horse cash all the way, no ands, ifs, or buts about it cash only for the whole amount that he owe's you. Simple I have done this a few times. I don't know about your area but if I get a check from out of province, they check issuer has 30 days to dispute it, so for people accepting check please ask your bank when the check is free and clear no disputes
Really, I'm in Texas and never heard of this  |
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| rollingrfarm - 2014-02-11 3:48 PM I have been selling horses for about 15 years.
I have learned some things in my time. Fortunately, never got screwed out of money. Or a horse.
The only deviation from my time tested rules that I am asking about is the desposit. And since then I have read that at both Walmart and Western Union I can recieve the money directly in cash. I have emailed him and given him those options, plus the option of a money order or a bank check with the stipulation that he can't pick up the horse until I notify him that my bank said it cleared and was good.
I require a deposit because I left a Texas vacation 3 days early to meet a horse buyer who was picking up a horse of mine she just had to have, only to come home and wait and wait and she never showed up.
I explained to the buyer that for me to take the horse off the market I needed a deposit. If he was concerned that someone else would put a deposit down on her or come get her before he got here, he'd need a deposit. He told me he wanted to put down a 20% deposit.
You obviously have no idea who I am, or who my husband is if you think we'd let you or anyone else drive out of here with my horse without paying me in cash. (Except for Three4Luck, I let her pay by check but then I know where she lives, and where her parents live, where her husband works, and what her darling children look like). We have plenty of guns in the house, in the barn, in our trucks (and who know's where else my husband stashes them) that there is no way anyone could get out of here with a horse and not pay cash as required. I have no problem telling someone who shows up here and "forgets their money" to turn around and drive the 2 hours or 2 days home. And if my biatchy attitude and are guns don't send them running home, Ruger my 223lb mastiff will help send them on their way.
Just out of curiosity, when you say cash, do you "check" the cash to be sure it's not counterfeit? I only ask because we are in the business of buying/selling equipment. We sell anything from small tractors and backhoes to the biggest loaders, dozers, graders etc. and we now make sure we check the cash unless it's someone we know well While we're finishing paperwork or loading onto trailers and checking trailer connections etc. someone else has the cash in the office checking it for legitimacy. We've never had a problem ourselves but are aware it has been known to happen to others in the business. I would think the horse business would be just as susceptible.
Edited by runs4fun 2014-02-11 5:13 PM
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 Night Watchman
Posts: 5516
Location: Central Montana | I work in banking. I would never ask anyone to deposit via wire transfer unless you have an account set up specifically for that and nothing else. As soon as someone has your account number and routing number let the fraud begin. Also, due to the Dodd Frank act you legally cannot send a wire if you are not present in the sending branch and receive disclosures for the wire.
A person has to buy a cashiers check, they have already spent the money to get the piece of paper in their hands. They go to the teller line and purchase the cashiers check with cash or a withdrawal from their own account. Once it is purchased it is a negotiable item and unless it is lost, stolen, or destroyed and they are willing to sign an affidavit that can be used against them in court the buyer is not getting their money back once the check leaves their hands.
The bank I work for has a 1-800 number that a person can call to verify if a cashiers check or bank money order is real or not. Do not go by the phone number on the check, look it up on the bank's website and call to verify a cashiers check.
Cash is always the best way to go. |
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 Extreme Veteran
Posts: 405
| GoinJettin - 2014-02-11 10:11 PM I work in banking. I would never ask anyone to deposit via wire transfer unless you have an account set up specifically for that and nothing else. As soon as someone has your account number and routing number let the fraud begin. Also, due to the Dodd Frank act you legally cannot send a wire if you are not present in the sending branch and receive disclosures for the wire.
A person has to buy a cashiers check, they have already spent the money to get the piece of paper in their hands. They go to the teller line and purchase the cashiers check with cash or a withdrawal from their own account. Once it is purchased it is a negotiable item and unless it is lost, stolen, or destroyed and they are willing to sign an affidavit that can be used against them in court the buyer is not getting their money back once the check leaves their hands.
The bank I work for has a 1-800 number that a person can call to verify if a cashiers check or bank money order is real or not. Do not go by the phone number on the check, look it up on the bank's website and call to verify a cashiers check.
Cash is always the best way to go.
I know that personal checks all have your account and routing number printed on them. So anytime you pay with a personal check, whether it be for a saddle, hay, etc., that person will have your account and routing number. Is there something about a wire transfer that increases the chances of fraud over writing personal checks to someone? |
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| okkritter - 2014-02-12 12:58 AM GoinJettin - 2014-02-11 10:11 PM I work in banking. I would never ask anyone to deposit via wire transfer unless you have an account set up specifically for that and nothing else. As soon as someone has your account number and routing number let the fraud begin. Also, due to the Dodd Frank act you legally cannot send a wire if you are not present in the sending branch and receive disclosures for the wire.
A person has to buy a cashiers check, they have already spent the money to get the piece of paper in their hands. They go to the teller line and purchase the cashiers check with cash or a withdrawal from their own account. Once it is purchased it is a negotiable item and unless it is lost, stolen, or destroyed and they are willing to sign an affidavit that can be used against them in court the buyer is not getting their money back once the check leaves their hands.
The bank I work for has a 1-800 number that a person can call to verify if a cashiers check or bank money order is real or not. Do not go by the phone number on the check, look it up on the bank's website and call to verify a cashiers check.
Cash is always the best way to go. I know that personal checks all have your account and routing number printed on them. So anytime you pay with a personal check, whether it be for a saddle, hay, etc., that person will have your account and routing number. Is there something about a wire transfer that increases the chances of fraud over writing personal checks to someone?
That was my first thought: anyone you give a personal check to, or business check for that matter, has your account and routing numbers. In our business, we do quite a few wire transfers ($15 bucks a pop!) and find that is the safest way to receive money. |
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Pig-Bear Dog Lover
| He can call his bank and have a certified/teller check mailed straight to your address over night, I believe it cost $2-$5 regardless of the amount. This is my favorite way to pay, very simple and unlike a personal check it is certified and you know it will cash. I think walmart money gram is an OK way, though it cost quite a bit to send. I wouldn't be dealing with it, give him the options that suite you and hopefully he can make one of them happen. I would not take the horse off the market either, rather hold off any interested parties by telling them the sale is pending, because technically she is not SOLD and you shouldn't be expected to take her down completely until the deal is done. It may save you the hassle of having to re list her, IF god forbid something was to fall through, for whatever reason. ETA I have wired money from another state to another account without being present in the branch. That sounds odd, but I'm happy my bank will make anything happen that I need to.
Edited by SwishMiss 2014-02-12 9:15 AM
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 Expert
Posts: 1302
Location: California | I have done wire transfer with a local girl that I knew but when I sold my good horse a couple years ago they sent a personal check in the mail as the down payment. No issues what so ever. |
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 That's White "Man" to You
Posts: 5515
| Checks can be sent back up to 90 days after the end of the month that the check was processed. What happens if they give you a check with someone elses account number encoded on the bottom? If you aren't willing to give the horse away, I would not take a check from someone I didn't know. I could give you hundreds of horror stories about this.
Edited by Whiteboy 2014-02-12 9:59 AM
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I Need a Xanax!
Posts: 2774
| Yall are really freaking me out about selling anything over a couple hundred dollars ever again!!! |
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 Another Barbossa
Posts: 2187
Location: Central Iowa, surrounded by corn! | I did a wire transfer when I bought my gelding last spring! I gave the gal my banks # along with the website to check the number and make sure it was legit! She called them herself and gave them her banking info so I was not involved in that part at all! Money was in her account by the end of the day! |
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