Buyer FAQ
What’s an ALTA survey?
Buyers often hire a surveyor to provide a survey of property they are buying. Sometimes, a survey is required as part of loan commitment or a title insurance policy. An ALTA survey is prepared to a set of minimum standards that have been jointly adopted by the American Land Title Association.
How do I finance my purchase?
There are many ways to finance an assisted living facility. Community banks are usually a good resource for borrowers that have experience with this type of property and 20% – 25% cash down payment. Other sources of financing include SBA loans, HUD loans and sellers. Contact us for more specific referrals. Learn more about seller financing by reading an article in our blog.
How do I learn about new listings?
There are several ways you can learn about new listings. First, subscribe to our e-newsletter for alerts on new listings and more. Second, visit our website frequently and especially check out the Featured Listings. Third, if you have shared your buying criteria with Senior Care Realty, one of our advisors may contact you directly when we find a matching property.