Looking to Buy a Residential Care Home?

How Buying Works

1. 1

   Assessment of Your Needs

   Every buyer's situation is different — hands-on or turnkey, financial expectations, goals, geography, and RCH type.

2. 2

   Assessment of Your Financial Capability

   Ensuring you understand the down payment and financing requirements specific to care home purchases.

3. 3

   Assessment of Your Ability to Operate

   Ensuring you understand what operating an RCH involves — daily responsibilities, regulatory obligations, staffing, and agency relationships.

4. 4

   Agency Considerations

   Explaining how Lino represents your interests as a buyer and the protections in place, including E&O insurance.

5. 5

   Preparing to Make an Offer

   Structuring a strong offer — price, deposit, closing date, and protective conditions — with your lawyer and accountant involved.

6. 6

   Explaining the Offer Process

   Walking through conditions, deposit vs. down payment, the sign-back process, and when an offer becomes firm.

7. 7

   Conditional Due Diligence Period

   Verifying financials and operations, confirming financing, and beginning licence/contract transfers.

8. 8

   Monitor Through to Closing

   Coordinating information and documentation required by lawyers, lenders, and the Ministry through to close.

9. 9

   Post-Closing Support

   Remaining available after closing for advice and introductions to operators, agencies, and ministry contacts.

Buyer FAQ