Patents by Inventor Byron L. Hanchett

Byron L. Hanchett has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20140279692
    Abstract: The present invention is directed to a system and method comprising an expert system that provides a logical step by step decision making support system that assists and guides an actual or potential real property investor, borrower, lender, appraiser, or assessor in optimizing the components of return on a real property, investment or loan, that is embodied in a computer-implemented web-based environment. The method of the present invention contains six major phases—Qualifying, Valuation, Developing and Deciding on Alternatives, Marketing, Negotiation and Closing, and the Post Closing Phase. The system guides the user in ordering and executing the method steps within each of the six major phases. The principle advantage of this invention is that the method of the present invention is a decision support system that provides those transacting business in these market a means of optimizing their return on investment by reducing transaction cost, time, uncertainty, and risk.
    Type: Application
    Filed: March 10, 2014
    Publication date: September 18, 2014
    Inventors: Brad A. Boothby, Byron L. Hanchett
  • Patent number: 5396429
    Abstract: A series of image sensors is spaced along a roadway at particular intervals to provide images of the traffic and an identification signal associating those images with the location of the particular sensor providing the images. A main station receives the images from all cameras and broadcasts an information signal comprising segments of those images and the identifications in a particular sequence in accordance with the predominant direction of travel on the roadway. User units include a receiver which displays the images so that the user may preview the roadway ahead to make route choices. In systems covering multiple roadways, the user may select images of the particular roadway to view. The receiver is also responsive to a local broadcast of the camera's identification signal to thereby determine the geographical location of the user and alert the user when particularly pertinent images are being displayed and when decision points are reached where the user must make a route change choice.
    Type: Grant
    Filed: June 30, 1992
    Date of Patent: March 7, 1995
    Inventor: Byron L. Hanchett