Buyer Services
Loan Pre-Qualification
It is fortunate that today bank financing is widely available for both practice acquisitions and real estate purchases. It is a good idea to get PREQUALIFIED for your purchase in advance as many sellers will not entertain an offer without a pre-approval.
Buyer Representation
We can represent you when you find a practice with another broker. We will complete a buyers appraisal and cash flow in order that you have the information to assist you in your initial offer price. we will also advise you on the strengths and weaknesses of the practice opportunity.
Practice Appraisals
To both the seller and the buyer, the practice valuation (or, appraisal) is perhaps the first important step in the practice transition process. Our knowledge and experience make the difference in the end result.
Negotiating Of Your Practice Purchase
The Almonte Fallago Group has more than 30 years of practice transition experience. When not acting as the Broker, we can assist you in structuring the terms of the transaction and negotiate the terms.
Real Estate Sale
We are licensed real estate professionals and Realtors and can assist you in the selling of your real estate. We will discuss with you the best approach to take on the sale of your real estate and whether it makes sense to sell the real estate as part of the practice sale or to enter into a lease. Our knowledge of the loan process for real estate and in-depth experience enables us to guide both the buyer and seller.
Acquisition Financing Consultation
Having successfully completed over 2000 practice transitions, coupled with our reputation for fair and balanced practice appraisals, have proven helpful in obtaining buyer financing for the purchase of a practice. The bank will use our appraisal to review the financial aspects of the practice.
Financing Consultation
Our knowledge of the loan process and in-depth experience enables us to guide buyers to the right lender to fit their needs. And also allows us to assist an established practice with refinancing options.
Legal Representation (buyers)
We also provide legal representation in transitions where we are not acting as a broker. We have extensive legal experience respecting partnership buy-in, or buy-out as well as outright sales or purchases.
Transition Coordination
From the moment we bring a buyer and seller together, we begin to work closely with the seller and buyer on the transition process to ensure that it is smooth and successful for everyone involved.
Associate Placement
We provide an opportunity for employers to meet an associate candidate through our job postings. You are free to review the positions posted or post a position wanted and we will put the parties in contact with each other. All identities remain confidential pending authorization by the respective parties. There is no fee charged for placement of an associate.
Financing
It is fortunate that today bank financing is widely available for both practice acquisitions and real estate purchases. It is a good idea to get PREQUALIFIED for your purchase in advance as many sellers will not entertain an offer without a pre-approval.
You should ask the lender if the credit pull is a ‘hard’ pull or a ‘soft pull’. A hard pull can negatively affect your credit score, whereas a soft pull on your credit will not.
Looking to buy, sell, or partner in a dental practice?
Benefit from the experience and expertise of The Almonte Fallago Group.