Closing Patents (Class 705/316)
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Patent number: 11580143Abstract: Techniques for improved data services are provided. Upon receiving a first request from a first client, a first timeline comprising a first plurality of events for an asset indicated in the first request is generated. Upon receiving a second request from a second client, a second timeline comprising a second plurality of events is generated. A first submission for the asset is provided to the first client, comprising updating a first graphical user interface (GUI) output on a first device of the first client. Upon determining that the first client approved the first submission, a merged timeline is generated based on the first and second timelines, where the merged timeline includes the first and second pluralities of events, comprising: updating the first GUI output on the first device, and a second GUI output on a second device of the second client, to indicate the merged timeline.Type: GrantFiled: June 1, 2022Date of Patent: February 14, 2023Assignee: Resynque, Inc.Inventors: Maritsa C. Nunziata, Jeffrey S. Phillips, Serena M. Chechile, Gina M. Doyle
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Patent number: 11314811Abstract: Systems and methods for semantic search engine analysis are disclosed. Generally, the system receives user provided text and/or speech search input, and further processes the search input to determine a semantic meaning. If the search input is speech, the system may first convert the speech into text. The system lexically processes the search input for ensuring the search input is valid, tags portions of the search input with metadata for applying a meaning of the tagged portions, and generally analyzes the relative locations of individual words and phrases to determine grammatical or linguistic relationships within the search input. In some embodiments, the system may disambiguate words or search terms, as well as provide input suggestions to the user. The system may use the manipulated search input to generate a search query, such as a query for searching apartment listing databases, and further display the search query results to the user.Type: GrantFiled: August 13, 2019Date of Patent: April 26, 2022Assignee: RentPath Holdings, Inc.Inventors: Stuart Hume, Ilias Fountalis, Elizabeth Grace Bertasi
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Patent number: 11093992Abstract: Systems and methods are described for efficiently meeting the needs of property buyers, sellers, and agents. Attributes of the user and of each property are combined and processed by a machine learning model. The output represents a prediction that a user will choose to view the property. Each property is ranked and displayed to the user. When the user selects a property, the interaction is used to update the machine learning model. In some cases, a natural language processing system identifies property and user attributes based on a natural language query. In some cases, a chatbot may respond to a natural language query in real time. The system may also be utilized to provide matching services for buyers or sellers to agents, or third party service providers, as well as matching buyers and sellers directly to each other, or user to other users for transaction, interaction and other needs.Type: GrantFiled: May 3, 2018Date of Patent: August 17, 2021Assignee: REAI INC.Inventors: James Wang, Siddharth Biswal
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Patent number: 11062397Abstract: Systems and methods provide for an automated system for analyzing damage to insured property. An enhanced claims processing server may analyze damage associated with the insured item using photos/video transmitted to the server from a mobile device for analysis at the server in real time. Depending on network conditions, the mobile device may transfer images to the server in high definition or low definition. The server may send notifications to the mobile device to remind a user of the mobile device to capture and transfer images to the server. The server may analyze images to provide feedback to the insured user (e.g., insurance estimates).Type: GrantFiled: March 7, 2019Date of Patent: July 13, 2021Assignee: Allstate Insurance CompanyInventors: Jay A. Patel, Jennifer A. Brandmaier, Mark E. Faga, James Gillespie, Roger Horn, Stephen Hughes, Alinawaz Ismaili, Daniel Koza, William Loo, Francis Lowry
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Patent number: 11055769Abstract: A posting platform generates an interface for the purchase demand of real estate assets. The interface includes a visual representation of a geographic region of real estate assets. The visual representation has one or more visual elements of purchasers interested in the real estate assets within the geographic region. The visual elements indicate the purchasers interested in a location within the geographic region at an asset or house level, a neighbourhood level, and a street level, in some embodiments. The visual representation has visual elements for an RTP score for each purchaser of the view or posting of purchasers. The RTP score is calculated based on one or more RTP factors.Type: GrantFiled: June 8, 2017Date of Patent: July 6, 2021Assignee: RULISTING INC.Inventors: Susan Elizabeth Joynt, Mark Church
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Patent number: 11050697Abstract: Methods, systems, and apparatus, including computer programs stored on a computer-readable storage medium, for peer-to-peer location-based messaging. In some implementations, a mobile device selectively displays displayable messages associated with beacons corresponding to specific locations that the mobile device visits. The mobile device can extract identifiers from wireless messages from beacons and determine whether to display a message corresponding to a beacon based on filter parameters of a user and data indicating characteristics of a property where a beacon is located. The displayable messages corresponding to beacons can be messages users who associated with the beacons have previously designated for presentation upon detection of the beacons. The mobile device can display the displayable message for a beacon while the mobile device is a detection range to receive the wireless message from the beacon.Type: GrantFiled: May 20, 2019Date of Patent: June 29, 2021Assignee: Spearhead Inc.Inventors: Kit Ning Cheng, Simon Kandial, Harjeet Singh
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Patent number: 10949937Abstract: Techniques are described that provide a centralized system to coordinate the disparate teams involved in settling or reconciling the affairs of a given estate. These techniques provide a centralized estate resource system (ERS) to create, manage, track, and coordinate task checklists and actions for each of the teams including interactions between teams. The ERS may assign specific personnel within each team to a given estate, send notifications and warnings to appropriate team members when tasks are due or complete, and facilitate messaging between team members to communicate when information is needed or has become available. The ERS may provide updated status and information across teams without violating privacy or security regulations, as may be the case with email, text messages, or voice messages. In addition, the ERS may provide a centralized repository for information, thus avoiding repeated queries for the same information and documents to the decedent's representative.Type: GrantFiled: October 31, 2016Date of Patent: March 16, 2021Assignee: Wells Fargo Bank, N.A.Inventors: Mary Ann Watt Lagnese, Margaret Melchior, Scott Stout, Adam Davis, Catalina Johnson, Paige Wilbur, Alicia Moore
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Patent number: 10885597Abstract: Described are methods and systems for retrieving and serving the regulatory history of a property. For example, an identification of data sources for permits and approvals is stored in a computer system. Property identifiers from the data sources are stored in the computer system. The system identifies the types of permit and approval data available from each of the data sources for each of the property identifiers. A determination can be made of the completeness of the regulatory history available for each property associated with each of said property identifiers. The system receives a request for the regulatory history of at least one of the properties associated with the property identifiers. A web page may be populated with a list of the regulatory history for the property.Type: GrantFiled: December 3, 2018Date of Patent: January 5, 2021Inventor: Charles C. Carrington
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Patent number: 10832357Abstract: A real estate transaction facilitating process and system that allows buyers, sellers, and agents to be notified of any incoming offers on a property is disclosed. The real estate transaction facilitating process and system allows buyers, sellers, and agents to see how many offers there are on a property. Sellers have access to all the offers that come in which eliminates a distrustful agent who may hide an offer. Buyers are assured the seller has seen their offer. Agents have all offers in one location so none can be misplaced.Type: GrantFiled: January 8, 2018Date of Patent: November 10, 2020Inventor: Jamie Michele Pagliano
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Patent number: 10824996Abstract: An online scheduling service subsystem may create a first account with first account data associated with a first entity, create a first listing with first listing data associated with a first construct, create a second account with second account data associated with a second entity, create a second listing with second listing data associated with a second construct, create a third account with third account data associated with a third entity, receive a request from the third account to schedule a showing including a first appointment for the third entity and the first entity at the first construct and a second appointment for the third entity and the second entity at the second construct, and, in response to receiving the request, generate a schedule for the showing based on the first account data, the second account data, the third account data, the first listing data, and the second listing data.Type: GrantFiled: April 1, 2016Date of Patent: November 3, 2020Inventor: King Wing Chu
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Patent number: 10783530Abstract: A system for third party email parsing comprises an input interface and a processor. The input interface is configured to receive an email. The processor is configured to: 1) determine whether the email is from a lead generating system; and 2) in the event that the email is from a lead generating system: a) extract real estate lead information from the email based at least in part on the lead generating system; b) determine whether the real estate lead information is sufficient for a real estate related customer relations management database entry; and c) in the event that the real estate lead information is sufficient for a real estate related customer relations management database entry, add the real estate lead information to a real estate related customer relations management database.Type: GrantFiled: October 22, 2013Date of Patent: September 22, 2020Assignee: Trulia, LLCInventors: Alexander L. Lange, Rebekah T. Boydston
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Patent number: 9858628Abstract: A datastore that includes property listings (e.g., for rental properties) may be accessed by a computing resource configured to execute a thumb printing algorithm to generate summary data values (e.g., thumbprint values, hash values) of digital data included one or more images of a property listing. The summary data values along with listing attributes (e.g., address, zip code, geolocation, brand, number of bedrooms/bathrooms/sleeps, amenities) of the property listing may be compared with summary data values and listing attributes of other property listings to determine if the summary data values of one or more images match and if one or more listing attributes match. A threshold number of image matches and listing attribute matches may indicate that the property listings are duplicate property listings, which may be merged, removed or replaced with links/pointers by the computer resource to increase data storage space and/or reduce data search latency times of the datastore.Type: GrantFiled: March 11, 2015Date of Patent: January 2, 2018Assignee: HomeAway.com, Inc.Inventors: Ronald William Corbett, Bryon Kristen Jacob, David Petty
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Patent number: 9538238Abstract: A method for providing streamed video data from a plurality of sources within a known geographic area includes receiving at a server, via a communication network, first video stream data captured within the known geographic area using a first user device and second video stream data captured within the known geographic area using a second user device. The first video stream data is provided from the server to a display device associated with a user for being viewed by the user. An indication that the second video stream data is available to be viewed in addition to the first video stream data is also provided, from the server to the display device, via the communication network.Type: GrantFiled: August 1, 2013Date of Patent: January 3, 2017Assignee: IWATCHLIFE INC.Inventors: Charles Black, Jason Phillips, Robert Laganiere, Pascal Blais
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Patent number: 9031881Abstract: A computer-based method for validating an appraisal report includes receiving appraisal data for a property, receiving property data for the property, verifying the appraisal data meets an appraisal guideline, providing a list of appraisal items that are present in the appraisal data, providing a medium discrepancy amount and a high discrepancy amount for the list of appraisal items, calculating a difference amount between the appraisal data and the property data for each appraisal item, and comparing the difference amount to the medium discrepancy amount and the high discrepancy amount.Type: GrantFiled: June 29, 2007Date of Patent: May 12, 2015Assignee: Corelogic Solutions, LLCInventor: Benjamin C. Graboske
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Publication number: 20150095244Abstract: The present disclosure provides a computer-executable method for executing a web-based program for producing a title transfer document. The method includes sending an instruction to an electronic device to request a type of transaction to be executed, wherein the type of transaction includes at least a removal of a current owner from the title or changing ownership to a new party. The method also includes receiving a communication from the electronic device in response to the request and executing a plurality of modules for requesting information about the timeshare property, the fees associated with the timeshare property, and at least one party of the transaction. The method further includes receiving input data in response to the executing step, linking the input data with at least one identifier in a document template, and producing the title transfer document upon completion of the linking step.Type: ApplicationFiled: November 10, 2014Publication date: April 2, 2015Inventor: RAYMOND DAVID HEINE, III
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Publication number: 20140324678Abstract: The present disclosure provides a computer-executable method for executing a web-based program for producing a title transfer document. The method includes sending an instruction to an electronic device to request a type of transaction to be executed, wherein the type of transaction includes at least a removal of a current owner from the title or changing ownership to a new party. The method also includes receiving a communication from the electronic device in response to the request and executing a plurality of modules for requesting information about the timeshare property, the fees associated with the timeshare property, and at least one party of the transaction. The method further includes receiving input data in response to the executing step, linking the input data with at least one identifier in a document template, and producing the title transfer document upon completion of the linking step.Type: ApplicationFiled: April 23, 2014Publication date: October 30, 2014Inventor: Raymond David Heine, III
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Publication number: 20140222654Abstract: The disclosure relates to a method of providing service to a client. The method entails providing the service to the client by a service provider; in the course of providing service to the client, generating a plurality of electronic documents related to the service; storing the plurality of electronic documents in a computer or network system associated with the service provider; transferring the electronic documents to a personalized electronic closing book; and providing the personalized electronic closing book to the client. The personalized electronic closing book may be provided to the client near or after completion of the service to the client. The personalized electronic closing book may include all or the most important documents related to the subject matter associated with the service provided to the client by the service provider. The personalized electronic closing book provides the client an organized and easily-accessible depository of documents generated at the end of a transaction.Type: ApplicationFiled: February 5, 2013Publication date: August 7, 2014Inventor: Scott D. Griffin
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Patent number: 8781976Abstract: Concepts and technologies are disclosed herein for providing an electronic document processing system, an electronic document generation mechanism, an encrypted digital certificate generator, a tool for coordinating the processing of electronic documents, a packaging mechanism for finalizing and authenticating electronic documents, a tracking log for recording relevant electronic document information, and a transferring protocol for transferring the ownership of electronic documents. The present disclosure also is directed to an electronic authentication system including an electronic document authentication watermark seal or signature line for confirming a document's signing within the view.Type: GrantFiled: May 12, 2013Date of Patent: July 15, 2014Assignee: eMortgage Services, LLCInventors: Paul Rakowicz, Robert Shanahan
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Patent number: 8688569Abstract: A system and method for post closing and custody services is disclosed. The method may comprise: receiving loan documents directly from a closing agent upon closing of a loan; imaging at least a portion of the loan documents; making one or more of the imaged documents accessible to one or more post closing users; and performing a custody review of the loan documents prior to other post closing services associated with the loan.Type: GrantFiled: March 23, 2005Date of Patent: April 1, 2014Assignee: JPMorgan Chase Bank, N.A.Inventors: John Peter Myer, Kevin Vincent Fisher, Zohar Swaine, John J. Chappell
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Publication number: 20140058962Abstract: A system and method for processing a real estate closing transaction including receiving a notification associated with a transaction of a particular property; storing the notification in a database; determining if an existing transaction is pending for the particular property; notifying a recording institution of the notification received; determining if a closing notification has been received that indicates that the transaction is complete; delivering a reminder notification when it is determined that the closing notification has not been received; determining whether a confirmation has been received from the recording institution that includes an indication that documents associated with the transaction have been received; and delivering a reminder notification when it is determined that the confirmation has not been received.Type: ApplicationFiled: May 6, 2013Publication date: February 27, 2014Applicant: MUNICIPALITY REAL TIME PAYMENT SYSTEMS, LLCInventors: Radni Davoodi, Raymond Y. Davoodi, Nicholas Yannello
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Publication number: 20140025592Abstract: The invention is a system and method for generating seller-driven real estate commerce. The invention enables sellers of real property to communicate information about their available real estate directly to prospective buyers, and simultaneously extend offers of compensation directly to licensed real estate professionals. The real estate information is validated for accuracy and reliability, then confidential information is shared internally within a database assisted network of real estate professionals, and general information is distributed for public access. Potential buyers have the option of negotiating directly with sellers to create a binding purchase and sale agreement, or buyers may employ a licensed real estate professional to facilitate the purchase. When a licensed real estate professional is employed, that professional is paid according to the seller's original offer of compensation.Type: ApplicationFiled: July 17, 2013Publication date: January 23, 2014Inventors: Larry Dwayne Wright, Deborah Ann Wright
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Patent number: 8635104Abstract: A virtual tour computer system for buying and selling real estate and real estate related services and products without violating anti-kickback laws is disclosed. It includes systems and methods for establishing ownership of the virtual tour computer system independent from real estate agents, related service, and/or product providers. It includes accepting payments by the real estate agents and the real estate related service or product providers to pay advertising fees directly to the system. It includes not tying advertising fees to lead generation. It includes allowing real estate agents to select preferred real estate service or product providers. It includes pooling the selected preferred real estate service or product providers to additional real estate service or product providers selected at random and randomly selecting real estate service or product providers from this pool to appear with a real estate advertisement.Type: GrantFiled: October 15, 2010Date of Patent: January 21, 2014Assignee: Total Intellectual Property Protective Services, LLCInventor: Michael Shane Adams
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Patent number: 8612358Abstract: Systems and methods are provided for providing an adjustment to a value estimate for a property that is considered distressed. In one embodiment, a method includes receiving the estimate of value for the property; determining, based on a model, the adjustment to the estimate of value, such that the model accounts for a characteristic of the property and a characteristic of the loan; and providing the adjustment.Type: GrantFiled: February 14, 2013Date of Patent: December 17, 2013Assignee: Federal Home Loan Mortgage Corporation (Freddie Mac)Inventors: James Douglas Gordon, Pamela W. Sims, Aohua Chen, Michael G. Bradley
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Publication number: 20130311253Abstract: According to some embodiments, a method and apparatus are provided to wirelessly facilitate the sale of real estate, the method and apparatus to receive data associated with a particular real estate property and an electronic signature of a seller of the particular real estate property. An executed contract based on the received data and the received electronic signature is created and in response to the executed contract, the received data is automatically transmitted, wirelessly, to an online listing service.Type: ApplicationFiled: May 10, 2013Publication date: November 21, 2013Inventor: Joseph Sabella
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Publication number: 20130268429Abstract: Methods and systems for executing a real estate plan for addressing transaction costs relative to a closing of a real estate transaction between a real estate buyer and a real estate seller. The methods and systems facilitate a negotiation between the real estate buyer and the real estate seller of a real estate plan commission fee payable to a real estate plan agent at the closing of the real estate transaction, the real estate commission fee being representative of one or more duties of the real estate plan agent in executing the real estate plan. The methods and systems further generate a real estate plan agreement between the real estate buyer and the real estate seller with the real estate plan agreement specifying the real estate plan commission fee.Type: ApplicationFiled: April 10, 2012Publication date: October 10, 2013Inventor: Kim Marie Henry
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Patent number: 8538884Abstract: One aspect of the invention is a method and system for auditing transaction documents that includes searching a database to identify transaction documents satisfying at least one query criteria. The transaction documents are pre-loaded in a temporary storage space, and a first transaction document is displayed to a user. A user input is received from the user. In response to receiving the user input, at least one operation is performed on the first transaction document. A second transaction document is automatically displayed to the user without further user input.Type: GrantFiled: April 11, 2011Date of Patent: September 17, 2013Assignee: PropertyInfo CorporationInventors: Thomas W. Groom, Bruce Behrens
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Patent number: 8498929Abstract: A short sale monitoring system, method and computer program product assist in identifying potential fraudulent activity associated with short sale real estate transactions. A processing circuit receives property identification information for a property, a short sale notification regarding a short sale of the property, and a short sale price. The processing circuit then queries a database of loan records to identify a corresponding loan application for the property. The loan application is at least one of a pending loan application and a closed loan application for the property. The processing circuit then generates a notice when (1) the short sale price is less than a predetermined amount with respect to a price included in the loan application, and (2) a date of the loan application is within a predetermined time of a closing date of the short sale.Type: GrantFiled: September 13, 2011Date of Patent: July 30, 2013Assignee: Corelogic Solutions, LLCInventor: Felice Kesselring
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Patent number: 8477381Abstract: A document administration apparatus, comprising: a transmitter to transmit a document to a plurality of destinations; a memory to record status information of said transmitted document therein; and a changer to change status information of said document recorded in said memory, according to an operation by a destination user to whom said document is transmitted.Type: GrantFiled: September 4, 2007Date of Patent: July 2, 2013Assignee: Konica Monolta Business Technologies, Inc.Inventors: Nobuo Kamei, Takeshi Morikawa, Kei Shigehisa, Minako Kobayashi, Masayuki Yoshii
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Patent number: 8442921Abstract: The present invention is in the field of computer systems and processes for managing real and personal property. One aspect of the invention is directed to capturing history of a (real) property, which may include a description of the property, the personal property located on the real property, the projects and maintenance performed or to be performed on the property and their impact on the owner's tax basis in the property. Another aspect of invention allows for sharing of this history with an online community and for transferring the history (or portions thereof) on sale to a buyer.Type: GrantFiled: June 6, 2008Date of Patent: May 14, 2013Assignees: Thermodynamic Design, LLC, Meso Scale Diagnostics, LLCInventors: Jacob Wohlstadter, Bradley Christiansen, Craig Philip Lovell, Michael Osganian, Michael Vock
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Patent number: 8442920Abstract: Concepts and technologies are disclosed herein for providing an electronic document processing system, an electronic document generation mechanism, an encrypted digital certificate generator, a tool for coordinating the processing of electronic documents, a packaging mechanism for finalizing and authenticating electronic documents, a tracking log for recording relevant electronic document information, and a transferring protocol for transferring the ownership of electronic documents. The present disclosure also is directed to an electronic authentication system including an electronic document authentication watermark seal or signature line for confirming a document's signing within the view.Type: GrantFiled: March 14, 2012Date of Patent: May 14, 2013Inventors: Paul Rakowicz, Robert Shanahan
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Patent number: 8438108Abstract: A method for facilitating the sale of a loan having a loan asset and a service asset is provided. The method includes the steps of receiving a bid from one or more servicers for purchasing the servicing asset and receiving a loan commitment selection from a lender. The method further includes selecting a servicer from the one or more servicers with a lender based upon a predefined set of criteria for selecting a servicer. The method also includes generating an all-in price, the all-in price including the price for purchasing the loan asset and the servicing.Type: GrantFiled: June 28, 2010Date of Patent: May 7, 2013Assignee: Fannie MaeInventors: Donald R. Palumbo, Thomas J. Carter, Amelia M. Dixon, Kathleen P. Keller, John J. Jozwiak
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Patent number: 8407149Abstract: A method and machine-readable media are provided for estimating property values. An exemplary method includes obtaining a first estimate of a property from a first property valuation database, the first estimate exhibiting price tier effect bias. The method further includes deriving a price tier effect adjustment factor based on a price tier associated with the property and purchase transaction data. The method further includes adjusting the first estimate to reduce the price tier effect bias using price tier effect adjustment factor, thereby providing a second estimate having reduced price tier effect bias.Type: GrantFiled: August 30, 2010Date of Patent: March 26, 2013Inventors: Mark Y. An, Linghua Peng, Hong Gao, Eric L. Rosenblatt
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Patent number: 8401961Abstract: A system and method of structuring a supplemental interest mortgage is disclosed. A principal debt obligation and a supplemental debt obligation based on the principal debt loan are secured by a single security instrument. The principal debt obligation includes the principal loan and principal interest to compensate a lender for use of the lender's funds. The supplemental debt obligation includes supplemental interest to compensate a lender for the risk of borrower nonpayment.Type: GrantFiled: July 1, 2011Date of Patent: March 19, 2013Assignee: Federal Home Loan Mortgage CorporationInventors: John P. McMurray, Jacqueline Marie Doty, Richard Peter Nespola, Jr., Morgan C. Snyder, Lynne Sroka Mayo, Daniel Wayne Kelly, Paul Alan Thomas
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Patent number: 8386395Abstract: Systems and methods are provided for providing an adjustment to a value estimate for a property that is considered distressed. In one embodiment, a method includes receiving the estimate of value for the property; determining, based on a model, the adjustment to the estimate of value, such that the model accounts for a characteristic of the property and a characteristic of the loan; and providing the adjustment.Type: GrantFiled: April 28, 2005Date of Patent: February 26, 2013Assignee: Federal Home Loan Mortgage Corporation (Freddie Mac)Inventors: J. Douglas Gordon, Pamela W. Sims, Aohua Chen, Michael G. Bradley
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Publication number: 20120233080Abstract: The apparatus and method implements, manages, and tracks on-line digital transactions via an escrow, including opening, servicing, real-time or near-real time status of the broker, title company, lender, vendor, buyer and seller, and closing of an escrow via a medium such as the internet. Multiple access methods are employed. The present invention provides computerization and internet type process implementation for escrow processes including, but not limited to, digital transaction coordination, digital status coordinators, seamless escrow transactions, on-line digital signatures, video signature authentication, digital certificate authentication, signature authentication, satellite and other wireless transmission of escrow transactions, voice digital instruction, the merging of voice with digital data transactions, set-top/WebTV digital escrow transmission, global digital escrow networking, and the like.Type: ApplicationFiled: May 22, 2012Publication date: September 13, 2012Inventor: C. Richard TRIOLA
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Publication number: 20120233063Abstract: A method of real estate sale is presented that makes the parties of a typical real estate transaction into employees. The seller, the buyer, and the two realtors typically involved in a real estate transaction are all employees of a company. The relationships between the seller, the buyer, and the two realtors is maintained by a computer or similar device such that upon sale of real estate between the seller and the buyer, the buyer does not just pay the seller, and in the seller owes appropriate real estate commissions to the realtors; but rather, the realtors receive funds—but so do the seller and the buyer.Type: ApplicationFiled: March 7, 2012Publication date: September 13, 2012Inventor: Forrest Bailey
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Publication number: 20120030124Abstract: A mobile system and method are provided for securely sending, receiving and signing documents remote from a home office. A mobile unit capable of connecting to a home corporate network where documents are stored relating to a transaction is used as part of the system. While in route to or at the remote signing location, the mobile unit connects to the corporate network and prints the documents, or the home office sends the documents through a secure wireless connection to the mobile unit. The transaction is conducted at a remote location, and the executed documents are scanned and sent securely to the corporate network. The housing and mobile unit may be moved to a subsequent location and the mobile unit connects, while in route to or at the subsequent location, prints the documents for the subsequent transaction.Type: ApplicationFiled: August 24, 2011Publication date: February 2, 2012Inventors: Thomas W. Cronkright, II, Lawrence R. Duthier
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Publication number: 20110258101Abstract: In one embodiment, a method of loss mitigation and disposal of real estate related assets. The method comprises receiving and storing at least minimum bid and location information from a lender having an interest in the property that is to be disposed, receiving and storing an offer to purchase at least one property selected from the at least one property that is to be disposed from a prospective purchaser, receiving and storing information regarding a deposit provided to lender if offer to purchase at least one property is accepted by lender, marketing the at least one property that is to be disposed of to prospective purchasers and contacting the present owner of the at least one property that is to be disposed requesting formation regarding whether the present owner desires a loan modification, short sale, payment in exchange for keys of the at least one property that is to be disposed of.Type: ApplicationFiled: April 15, 2010Publication date: October 20, 2011Applicant: PREO, LLCInventors: James Edward Albertelli, Jonathan David Sawyer
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Publication number: 20110246375Abstract: Embodiments of the invention provide apparatuses and methods that provide for a housing purchase program in which a seller agrees to sell a home at a reduced price in return for the buyer agreeing to share with the seller some portion of the home's future appreciation. For example, the seller may desire to sell a home at a first price but the potential buyer wants to purchase the home at a lower price. The seller may agree to sell the home at a price lower than that which the seller desires, but only if the buyer agrees to share some portion of the home's future appreciation. In some embodiments, the housing purchase program further includes a mortgagee/investor that, at least temporarily, pays-off or forgives the seller's remaining mortgage principal that is above the sale price if the seller agrees to pay the mortgagee/investor back with any future appreciation in which the seller shares.Type: ApplicationFiled: March 31, 2010Publication date: October 6, 2011Applicant: BANK OF AMERICA CORPORATIONInventor: Brent E. Dutton
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Publication number: 20110225099Abstract: There is provided a method for managing property transactions, the method comprising: providing to each user a reserved space for collecting and classifying information relating to a plurality of properties offered for sale, the reserved space including a public space containing information accessible by other users and a private space containing information inaccessible by other users; receiving documents from each user and automatically classifying them according to a pre-determined classification system; automatically transferring documents for registration to governing bodies and completing administrative formalities using information provided in documents received; temporarily linking listings in public spaces for a buying agent and selling agent during the course of a transaction, from receipt of a purchase offer to final rejection or conclusion of the transaction; managing access to the public and private space of a user and transfer of information to another party from a remote location; and recordingType: ApplicationFiled: March 14, 2011Publication date: September 15, 2011Inventors: Jean-Sébastien DUFAULT, Gilles PLOURDE, Jean-François MCNEIL, Anderson BRICE, Marie-Claude PELLETIER
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Patent number: 8010461Abstract: A method is disclosed to determine an inspection protocol for radioactive material in shipping containers using an inspection technique threshold characteristic. The method includes weighing a container prior to shipment and determining a relative position of the container weight to at least one of a number of predetermined inspection technique threshold lines in an inspection threshold characteristic. Each of the of the predetermined inspection technique threshold lines corresponds to at least one of a number of inspection techniques. The container is classified as either a heavy container or a light container relative to at least one of the inspection techniques according to the relative position of the container weight to at least one of the predetermined inspection technique threshold lines. An inspection protocol for radioactive material in the container is selected according to the classification of the container.Type: GrantFiled: December 18, 2007Date of Patent: August 30, 2011Assignee: Quintell of Ohio, LLCInventor: Jerry Bohinc, Jr.
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Publication number: 20110087577Abstract: A computer-implemented system for real estate collateralized private party loan transactions comprising a database of custom property profiles that are posted by borrowers seeking to obtain financing. Each custom property profile comprises desired loan amount, type of financing sought by the borrower, purpose of the loan, and designated title company and closing agent. The system allows posting borrowers to upload photos and documents in connection with their custom property profiles and lenders to bid on custom property profiles by offering to make loans based on terms set by the lender. A lender may offer to make a loan on more than one custom property profile at a time, and if a borrower accepts an offer made by a lender, the system automatically suspends all other unexpired offers made by the lender. The lender may reactivate a loan offer that has been suspended. A method of implementing the above system.Type: ApplicationFiled: October 8, 2009Publication date: April 14, 2011Inventors: Milton Chace Slavin, Michael John Slavin, Ashley C. Eadon
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Publication number: 20110078086Abstract: Systems and methods of initiating and processing a real estate short sale are disclosed. The methods include the facilitator receiving from a lender or another party associated with a loan a notification identifying a property as a distressed property. The facilitator may secure from the lender an agreement to accept less than 100% of a loan value secured by the property if the property is sold. The facilitator may also confirm that the property and the property owner meet criteria established by a short sale processor.Type: ApplicationFiled: September 29, 2010Publication date: March 31, 2011Inventor: Jason W. Byrne
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Publication number: 20110010303Abstract: A four-step real estate selling method or process. In the first step, a Zone Rep, who is a licensed real estate agent, meets with a seller and prepares the information necessary for a real estate listing. In the second step, a Marketing Manager develops a customized marketing plan with the owner. The plan includes all customary real estate marketing tools and a few proprietary methods. In the third step, calls or e-mails to a call center (Buyer Central) are handled by licensed search and scheduling experts who answer questions and set up property tours for buyers. All property tours are referred to and handled by a network of traditional buyer's agents (Buyer Showing Team), earning the Applicant a referral fee. Buyer Showing Team agents, provide a 30-minute showing service to Buyers originating from Buyer Central. In the fourth and final step, a Designated Broker handles presentation and negotiation of all offers and handles all the closing paperwork details including escrows, inspections, etc.Type: ApplicationFiled: July 9, 2010Publication date: January 13, 2011Applicant: 321-SOLD-AHG LLCInventor: Mark Palmero L'Boe
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Publication number: 20100312712Abstract: A method and system for preparing and managing real estate transfers and financing, including a system for preparation, production and storage of relevant documentation and the data contained therein; a system for coordinating, reconciling and transferring funds; and a system of analyzing and tracking the progress of numerous real estate transactions. The invention uses a database to minimize the redundancy involved in the preparation of all documentation needed for real estate closings. Information input into the database is used to generate the documentation necessary to complete real estate transfers, including all forms required by relevant financial institutions and government agencies. Such documentation includes handwritten signatures, which are digitally scanned and incorporated into the documents. Also, ancillary documentation can be scanned into the system and combined with other customer data and documentation.Type: ApplicationFiled: May 10, 2010Publication date: December 9, 2010Applicant: REMMIS Holding LLCInventors: Lee Salzmann, Joseph Mincone, John Mincone, Andre J. Hollinger
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Publication number: 20100274731Abstract: The present invention provides a system for recording real estate transactions including, at least one buyer and at least one seller and/or at least one real estate agent, at least one property for sale, at least one real estate transaction between said buyer and seller/real estate agent and a recording means for capturing at least one footage of said transaction whereby the system for recording real estate transactions provides a means of enabling a person to have a visual and/or audio record of all aspects of a real estate transaction.Type: ApplicationFiled: May 16, 2007Publication date: October 28, 2010Inventor: George Tsitsis
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Patent number: 7822690Abstract: According to the present invention, there is provided an electronic document processing system and method including an electronic document generation mechanism, an encrypted digital certificate generator, a tool for coordinating the processing of electronic documents, a packaging mechanism for finalizing and authenticating electronic documents, a tracking log for recording relevant electronic document information, and a transferring protocol for transferring the ownership of electronic documents. The present invention also provides an electronic authentication system including an electronic document authentication watermark seal or signature line for confirming a document's signing within the view.Type: GrantFiled: January 18, 2005Date of Patent: October 26, 2010Inventors: Paul Rakowicz, Robert Shanahan
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Publication number: 20100268558Abstract: A method and system for managing business transactions, such as mortgages or other financial transactions. A business transaction between an end user and a financial institution includes sub-transactions between the end user and a vendor. A software system performs functions to complete the business transaction. Automated ordering allows an end user to quickly and easily order a sub-transaction without input from the financial institution or the vendor, and also automatically orders sub-transactions upon satisfaction of a trigger event. Vendor management functionality allows a financial institution to manage the transactions of a vendor. Qualitative performance analysis functionality allows an end user to monitor and evaluate a vendor's price, turn-around time, quality score, and overall score. Vendor distribution functionality distributes sub-transactions among vendors.Type: ApplicationFiled: March 12, 2010Publication date: October 21, 2010Applicant: ALTISOURCE SOLUTIONS S.a.r.I.Inventors: Ralph J. BEHMOIRAS, William C. Erbey, Arthur J. Castner, Christopher Kennedy, Keith S. Reno
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Patent number: 7797255Abstract: A system and method for tracking, monitoring, and supporting self-representation of an individual for the purchase of a home. As a self-representing principal (SRP), the individual would be entitled to the real estate commission payable to licensed real estate agents. To aid the SRP in his self-representation activities, the system provides information to the SRP of property listings that match the SRP's search criteria. The system also provides comparable sales information of other homes in the area, school district reports, environmental hazard reports, and automated offer drafting assistance. If the SRP wants to view a property, the system coordinates such viewing by contacting chaperones to provide the showing of the property. The SRP's self-representation activities are tracked by the system for inclusion in the SRP's loan file. The report certifies that the SRP has indeed represented and procured himself, and thus, is entitled to the real estate commission.Type: GrantFiled: July 7, 2004Date of Patent: September 14, 2010Assignee: Patriot Real Estate Systems LLCInventor: Brian Hastings
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Publication number: 20100223179Abstract: A system and method for controlling fraud in presentations, sales and transactions using electronic devices to collect biometric data or other identification from a person seeking access to a property or wishing to participate in a transaction. The device located on real property can communicate with a remote computer that decides whether to allow or deny access. Persons seeking access can be categorized, and different access procedures can be used based on the person's category. The system can track and record all accesses, egresses, offers and counter-offers made on the property or transaction and other types of data about the history of the participants, presentation, or transaction from when it is started until it is concluded.Type: ApplicationFiled: September 1, 2009Publication date: September 2, 2010Inventor: Peter Mergenthaler