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US Patent 7962353 Home resale price protection plan

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Patent abstractTimelineTable: Further ResourcesReferences
Is a
Patent
Patent

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
7962353
Date of Patent
June 14, 2011
Patent Application Number
12884523
Date Filed
September 17, 2010
Patent Citations Received
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3
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US Patent 11861748 Valuation of homes using geographic regions of varying granularity
4
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US Patent 11861747 Time on market and likelihood of sale prediction
5
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US Patent 11886962 Enforcing, with respect to changes in one or more distinguished independent variable values, monotonicity in the predictions produced by a statistical model
6
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US Patent 11769181 Automatically determining a current value for a home
Patent Primary Examiner
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Shahid R Merchant
Patent abstract

A Home Resale Price Protection Plan provides a payment to a homeowner should the homeowner have to sell his or her house at a loss. In exchange for an upfront fee, the homeowner would receive a payment for the lesser of their actual loss or the loss calculated by multiplying their original purchase price by the proportional drop in an appropriate housing price index.

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