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excess vs surplus

  1. expo77

    FHA/combined Lots/excess Land/highest And Best Use

    Currently working on an FHA appraisal of a 5 acre manufactured home. During the inspection the owner informed me that he inherited the front 3 acres of the property 6 years ago and combined it with his 2 acres to get the 5 he has now. All improvements on the property are on the rear 2 acres...
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