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highest and best
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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...- expo77
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- excess land excess vs surplus highest & best use highest and best highest and best use surplus land
- Replies: 24
- Forum: FHA/HUD and VA
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Present Use Vs. Proposed Use
When requesting a commercial appraisal to determine a proper sale price for a 3-ac. parcel in California that has a good building on it, but the buyer who has submitted an offer is going to demolish the building and use the land to build condos, is there a standard that states whether the...- RobinHood
- Thread
- as-is highest and best standards
- Replies: 6
- Forum: Ask an Appraiser