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Any horse for sale requires full payment
or else a non-refundable deposit to hold (generally 20% of the sale price or $500, whichever is higher) unless the amount of the
deposit was agreed
upon to be different by both Cedar Ridge and the buyer).
Click
here to find out why the deposit is non-refundable.
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We prefer to have a sale/purchase contract for all sales,
but require it for any sale where a deposit has been made to hold a horse
for more than 2 weeks, or any sale where the buyer is making payments on the
horse. This is for both your protection and ours.
Sample sale
contract (which is changed to reflect each situation).
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Whether a sales contract is in place or not, our procedures
are still the similar. Some of these procedures include:
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Horses may not be marked sold until fully paid for. Horses
with a deposit received may be marked with a "sale pending" notation
on the web site.
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Deposits will
hold horses for a period of time determined by Buyer and Cedar Ridge
jointly.
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Deposits are
non-refundable. Click
here to find out why they are non-refundable.
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Mortality insurance coverage may be required for any sale where the
horse will not be picked up within 2 weeks, unless otherwise agreed
upon. Buyer will pay for insurance coverage, which is usually
3.5% of the value of the animal for a full year. When/if the
policy is cancelled, the unused/prorated portion of the premium is refunded by the
insurance company. Therefore, most insurance policies that will be
cancelled within a couple months actually cost about $50 after the
refund from the company upon cancellation. This is a very
inexpensive "peace of mind" action for both you and us!
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Health Care: Foals will be dewormed prior to weaning (generally more than
once), and if foals are over 7 months of age, they will probably have their first EEWT and West
Nile
vaccinations. Specific vaccines can be given if requested and at
buyer's expense.
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Training: Foals sold as weaned will have been introduced to being led and having their hooves
picked up after weaning, but as with all foals, will require continued training at
their new home. "Most years" we also begin training
to load into horse trailers. Buyer will be notified of any
deviation from this norm. Due to weather, I do not train in the
winter.
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Horses are sold "as is at the time of sale," and we are not
responsible for illnesses, injuries, or other health issues that
become apparent after we sell a horse. Please ask questions when
buying any horse (no matter who you buy from), so you feel
comfortable that the horse is what you are looking for. We do not
try to hide any known negatives about our horses.
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We are not liable for future unwelcome discoveries. For
example, if a new genetic condition is discovered a few years down the road in a
bloodline our horses possess, we do not offer refunds. Other
examples may apply. When a horse is offered for sale, we do our best
to publish ALL known issues about the horse, and you are always
welcome to ask additional questions!
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Registration: Foals sold during their birth year are generally
sold with the breeders' certificate and transfer paper. This allows
the buyer to make up and assign their own name for the foal's
registration papers.
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BOARD: We do not
charge board for 30 days following the purchase or availability of a
horse. For foals, this 30-day period would begin 2 weeks after
weaning. Following the "30-day-with-no-board-fee" time period, we
will charge board. This varies based upon the age/gender of the
purchased horse. Click here
for an example for a weaned foal.
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Death or Injury During
Extended Board: If you request that we keep a horse longer than
30 days after its purchase (except in the case of a foal before
weaning), please be aware that if the horse dies
or is injured, you are liable for vet bills.
--This is because we stop pursuing the sale of a horse once a
reservation is made. Therefore, we are doing the favor of allowing
the buyer to leave a horse at our property to give the buyer more
time to pay for their new horse.
--The expense to us is that we are no longer able to sell the horse
to a buyer that would immediately take their new horse home.
--Payments made may not be refunded.
--We highly recommend insuring any horse you can't transport home in
a timely manner to protect yourself should a death of the horse
occur.
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Payment Due Date: Full payment is required at least 2 weeks prior to releasing the horse
unless the buyer is bringing cash.
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Please notify us in advance if you are bringing more than
$2000 in cash.
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See our
Sample Sale Contract for other examples of sales
procedures.
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A horse is not considered reserved
or sold until a deposit has been
made, or unless full price received by Cedar Ridge Quarter Horses. ALLOWABLE PAYMENT METHODS:
* wire transfers,
* cash,
* Wal-Mart MoneyGrams that can be picked up in Missouri (not
Iowa...our nearest Wal-Mart is in Maryville, Missouri), or
* we may accept
cashier's checks and money orders (with a 2-week or longer hold period
after cashing).
* Click here to learn why it is
not safe for sellers to accept PayPal for horse purchases. -
We will keep the horse for a short period of time that the buyer
agrees upon at no charge (typically 30 days), and will provide the horse the same care we give
our own until the horse can be picked
up/transported. See sample contract
or sample board schedule pages for
ideas.
Beyond an agreed-upon short time (except than in cases where purchase is a
pre-weanling foal), a board fee may be established.
Foals should be picked up a couple weeks after weaning unless otherwise
agreed upon.
Pre-purchase exams are optional, and
can be done at the buyer's
expense. Coggins and health papers are at our expense
the first time,
and need to be obtained by us if you are out
of state. Please give us a couple weeks of notice, as sometimes the Coggins
tests take over a week.
--If you postpone the transportation of a horse/foal, and if we have to
obtain a new coggins/health paper, that will be at your expense. Special health paperwork necessary for shipping out
of the country is at the buyer's expense (usually, the quarantine station
completes any special testing needed for export). -
We will try to adapt your new horse's feeding program, if
possible, to closely match your own prior to shipping. This reduces
stress on the horse.
Deposits
Non-refundable Deposits Deposits are non-refundable due
to experiences we and other breeders/sellers have had. When a deposit is
made on a horse, we tell other potential buyers that the horse is no
longer available. Those potential buyers then spend their money on
different horses or for
other uses. Often, at the time that a buyer backs out of the purchase of a horse,
those people who had previously wanted the
horse are no longer able to buy. The effects of this are at least
two-fold:
- Those potential buyers are angry, because the horse they really wanted
is now for sale again, but they can't buy it because they've already
allocated their money elsewhere. This creates a negative
image of the seller in their minds.
- We sellers now have to go through the entire process again of advertising,
sending videos, answering inquiries, etc. again in order to sell the horse. This can become time consuming,
and also causes expense. Potential buyers can be suspicious, wondering
why this horse is for sale again. Their first thought is that something
is wrong with it, when in reality it might just be that the buyer couldn't
finish paying or had to move or lost an income, etc. Often, the buyer
backs out on the horse at a time of year that the market is down (winter).
When this happens, especially, it is much more difficult to re-sell the horse
and expect the same price.
We really don't want you to make a deposit on a horse unless you are SURE you
want the horse.
Please
do not place a deposit unless you know you can pay
the remainder of the horse's price or unless you have already
established a contract with Cedar Ridge Quarter Horses.
Deposits
(non-refundable) can hold horses for a short period of time (based upon
agreement between buyer and seller) to allow you to arrange shipping and/or reach a contract with us. Contract is required
if we are expected to keep the horse for more than 2 weeks after receiving
a deposit...this is to protect both the buyer and us.
Because of this, we don't anticipate having any problems
with non-refundable deposits. To ensure you are happy with your decision,
we will make every effort to answer all of your questions about the horse(s) you
are interested in. Videos are usually available with a $10 deposit to help
you make your decision.
Insurance
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Mortality insurance coverage is required for any sale where
the horse will not be picked up within 2 weeks, unless otherwise agreed
upon.
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It is required for any situation where a buyer is buying on
payments.
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If insurance coverage is not purchased for a horse being
sold on payments, and the horse dies, seller will not refund payments to the
buyer.
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Buyer will pay for insurance coverage, which is usually 3.5%
of the value of the animal for a full year (generally, about ($100 to $300
per year for most of our horses, which works out to be about $10 to $25 per
month).
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We have used
www.eqgroup.com for many insurance policies, and have been happy with
their service.
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When the policy is cancelled, the unused portion of the
premium is refunded by the insurance company.
Buying on Payments
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Do we accept payment plans
for foals purchased before weaning? Yes.
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Do we accept payment plans
for yearlings or mature horses? Sometimes.
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We can sometimes provide payment
plans, but generally try to reserve that option for foals prior to weaning
or for mares that have not yet weaned a foal which is not being purchased
with the mare.
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Payment plans for horses (other than
foals/weanlings) bring up
issues that are best prevented by selling or buying a horse outright.
For example:
- Who is responsible if the horse gets sick,
injured, or dies in the middle of the payment plan?
- Will there be a board cost, since the seller is incurring board
that there otherwise would not be if the horse sold outright?
- Will the seller provide the training that the buyer would if the
buyer had possession?
- Will the buyer be able to take possession of the horse before
full payment? (our answer here is "no.")
- How long will payments be allowed, and how long before
shipping is the last payment due?
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We will keep the horse for a short period of time that the buyer
agrees upon at no charge (typically 30 days), and will provide the horse the same care we give
our own until the horse can be picked
up/transported. See sample contract
or sample board schedule pages for
ideas.
Beyond an agreed-upon short time (except than in cases where purchase is a
pre-weanling foal), a board fee may be established.
Foals should be picked up a couple weeks after weaning unless otherwise
agreed upon.
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We could tell you stories that we've
heard, but it's just best to say that payment plans are scary for both buyer
and seller due to liability issues.
Videos
Video clips uploaded to the web site, YouTube, or
Webshots are free. But, we have to charge in most cases for DVD's sent
through the mail due to teenagers and "tire kickers" who want free videos
just to entertain themselves.
Hey, we like free things too. :-)
But we can't afford to make, package, and ship free videos to everyone that
would like to have one.
PayPal
Please contact us before paying for shipped semen with PayPal.
We will send you a customized e-mail for your payment.
PayPal is not accepted for horse purchases due
to PayPal's acceptance of scammer's claims of "non-delivery" if the purchase was
not "mailed." Since horses can not be "mailed" and tracked electronically,
PayPal is not a safe method of accepting payments for horses for anyone. Sorry! :-(
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