What Does “Highest & Best” Mean?

Posted by relocateaz on May 14, 2009 in Buying Tips, Foreclosure, Selling Tips | 0 comments

There’s been a lot of talk around the office lately about “Highest and Best“.  What was originally used an appraisal term is now a trending topic in the foreclosure world. When prospective home buyers put in offers on a bank-owned property and the bank responds by asking for “Highest and Best”,...