Patents Assigned to Property Liquidators LLC
  • System and Method of Auctioning a Defaulted Loan
    Publication number: 20140297450
    Abstract: A method and system for conducting an online property auction whereby the system allows for identifying an owner of property willing to sell his property by an online auction, entering into a contract with the owner obligating him to complete the sales of his property conducted pursuant to terms of the contract; pre-arranging a minimum auction price for his property that accounts for the owner's interest, plus costs and fees, conducting the on-line auction with a plurality of bidders for his property whereby at the on-line auction's conclusion there is a winning bidder and ensuring the transfer of the winning bidder's funds to the escrow holder.
    Type: Application
    Filed: June 12, 2014
    Publication date: October 2, 2014
    Applicant: Property Liquidators LLC
    Inventors: Wayne Curtis Collett, Norman Alan Zahler
  • System and method of auctioning a defaulted loan
    Patent number: 8788385
    Abstract: A method and system for conducting an online property auction whereby the system allows for identifying an owner of property willing to sell his property by an online auction, entering into a contract with the owner obligating him to complete the sales of his property conducted pursuant to terms of the contract; pre-arranging a minimum auction price for his property that accounts for the owner's interest, plus costs and fees, conducting the on-line auction with a plurality of bidders for his property whereby at the on-line auction's conclusion there is a winning bidder and ensuring the transfer of the winning bidder's funds to the escrow holder.
    Type: Grant
    Filed: July 16, 2012
    Date of Patent: July 22, 2014
    Assignee: Property Liquidators LLC
    Inventors: Wayne Curtis Collett, Norman Alan Zahler
  • System and method of auctioning a defaulted loan
    Patent number: 8341051
    Abstract: A method and system for conducting an online property auction whereby the system allows for identifying an owner of property willing to sell his property by an online auction, entering into a contract with the owner obligating him to complete the sales of his property conducted pursuant to terms of the contract; pre-arranging a minimum auction price for his property that accounts for the owner's interest, plus costs and fees, conducting the on-line auction with a plurality of bidders for his property whereby at the on-line auction's conclusion there is a winning bidder and ensuring the transfer of the winning bidder's funds to the escrow holder.
    Type: Grant
    Filed: May 11, 2009
    Date of Patent: December 25, 2012
    Assignee: Property Liquidators LLC
    Inventors: Wayne Curtis Collett, Norman Alan Zahler
  • SYSTEM AND METHOD OF AUCTIONING A DEFAULTED LOAN
    Publication number: 20120284142
    Abstract: A method and system for conducting an online property auction whereby the system allows for identifying an owner of property willing to sell his property by an online auction, entering into a contract with the owner obligating him to complete the sales of his property conducted pursuant to terms of the contract; pre-arranging a minimum auction price for his property that accounts for the owner's interest, plus costs and fees, conducting the on-line auction with a plurality of bidders for his property whereby at the on-line auction's conclusion there is a winning bidder and ensuring the transfer of the winning bidder's funds to the escrow holder.
    Type: Application
    Filed: July 16, 2012
    Publication date: November 8, 2012
    Applicant: PROPERTY LIQUIDATORS LLC
    Inventors: Wayne Curtis Collett, Norman Alan Zahler