Honesty is the best policy

February 21, 2014 by Nhi Huynh in

Honesty is the best policy

We always advise our seller clients to disclose everything up front so that nothing will come as a surprise to buyers when it is time to close the deal. Deals often fall apart at the last minute because certain situations or problems were not disclosed and resolved earlier in the transaction. This unfortunate event wastes a lot of time for all the parties involved: sellers, buyers, brokers and attorneys. When a deal is needlessly scuttled over a disclosure issue everyone loses out; weeks or months are wasted, and the seller misses opportunities to find more qualified buyers for his or her practice. At LCF Practice Sales, we believe that most problems can be worked through and resolved if they are disclosed at an opportune time early on in a transaction.

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