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Highest and Best Use: A Superpower You Already Possess

Appraisal Buzz

Lets revisit the basics: In an H&BU analysis, real estate appraisers determine the most probable use of a property by applying four tests: whether the use is legally permissible , physically possible , financially feasible , and maximally productive. But with the new zoning, up to three units may be constructed on the property.

Legal 243
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What it’s like originating reverse mortgages in Montana

Housing Wire

That can be a challenge if they live in an unusual or uniquely constructed home, or if they live on a vast stretch of land with few neighbors. Montana automatically declares these as real property once they are permanently affixed, but the government requires the de-titling paperwork.

Mortgage 434