Frequently Asked Questions

What is an appraisal?

What does an appraiser do?

What are the reasons I would need a real estate appraisal?

How is an appraisal different than a home inspection?

My agent performed a CMA for me. Is that the same as an appraisal?

What can I expect to see in my appraisal report?

Upon completion of the report, what assurance is there that the value conclusion is valid?

Who engages the services of appraisers?

Where does RICHARD KANE & ASSOCIATES LTD. get the data used to estimate values?

Why do I need a professional appraisal?

What exactly is PMI and how can I get rid of it?

Should I do anything in advance of the appraisal appointment?

What does "Market Value" mean?

Does the appraisal belong to the bank or the consumer?

How can I get the most ROI out of home improvements?