Yes but there would be several requirements. I would want to see what that cross has already produced (full siblings). The breeder would have to have a good reputation and a good contract. I would also prefer that the foal has been fetal-sexed (know the gender).
I would, but have to say that 3-5 K is not that expensive for an in utero foal. Depending on the breeding of course. We have sold them also. Buying in-utero can give you the opportunity to purchase a foal that you might not have a chance to buy once it hits the ground. Of course there is added risk, so you have to weigh that out against the added benefits. I would also only buy one with a filly only option as I would be looking for something that could become part of our broodmare band later down the road. I agree finding a breeder with a good contract and reputation is imparitive.
The top quality in-utero options that I have seen usually go for $6,000-$10,000.
We have purchased (and sold) in-uteros as well as custom foal options in past with great success. It allowed us the quality that we sought and couldn't afford at that time. It also allowed us the option of paying over time. It took a lot of research into what the stallion had produced, what the time had produced as well as what offspring came from similar breedings, but all in all we found it to fulfill what we are were looking to accomplish.
We have found that the clients that purchase from us in-utero know exactly what they want as far as quality and bloodlines and are very goal orientated as far as what they plan on doing with their future mount. It seems to have been a great option for those clients.
I would however stress that a well written contract is a must!
I would - to me it is not much different then breeding it yourself. Almost like a breeding lease on someone elses broodmare that you leave at their farm, for them to take care of. If you like the broodmare and like the stallion (sometimes if you are quick enough you can even custom order and choose your own). At the end of the day, you get to walk away with only your foal. Actually the more I think about it the better it sounds.
Although on the other hand paying more for EXACTLY what you want doesn't actually sound that bad to me either (ie. buying at 2, ready to start as you want, that way you save a couple of years of "all costs", and you do infact get to "see" what you will get.
Better yet, wait until it is 4 and you get to ride it before you buy.... Ah I guess it is all in your motivations (and budget). LOL.
Its not beyond the realm of possibility, but its relatively unlikely. There are about 3 proven broodmares that I know really well and adore. I'd be willing to purchase custom foals from those mares if the opportunity arose at the right time. But unless there was something spectacular about that particular pairing and it was the sort of opportunity that would not be available normally, I can't see taking that sort of risk. There are LOTS of nice youngsters on the ground that I can see and visit and assess. A few thousand dollars, if that, saved by buying in-utero doesn't make up for all the risks.