What is a Dental Practice Appraisal?
Appraisal of the dental practice reduces the time spent on negotiating the price of the practice. It helps the purchaser decide if the price is fair and aids in the buyer acquiring financing. With a well-documented appraisal that incorporates an in-depth analysis of the practice’s cash flow, the purchaser can get a 100% loan with only the hard assets of the practice as collateral. Some mortgage companies will pre-approve financing a practice based on a professional valuation.