The “Highest-and-Best, I-Really-Mean-it-This-Time” Offer I’ve previously blogged about the practice of “highest and best” offers (“Highest and Best, Explained.“) Typically used by banks selling foreclosures, “highest and best” is a way to efficiently sort out multiple offers and identify a winning bidder. Implicit in “highest and best” is a quid pro quo between the bank...Read More