Patent ID: 7516099
Filing Date: 2009-04-07
Classification: G06Q

Abstract:
1. A computer-implemented method for selling a partial equity interest in a real estate property, comprising: applying for a real estate property equity sale and providing information to an entity relating to a real estate property transaction; enabling with a computer processor, a data interface between a homeowner owning a residential property that is homeowner occupied and at least one investor, the data interface is configured to create a partial equity interest in the residential property, wherein the partial equity interest is associated with a non-debt related investment between the homeowner and the investor, wherein the partial equity interest in the residential property does not obligate the homeowner to repay an investment made by the investor at anytime, the creation of the partial equity interest comprising: storing information about the partial equity interest in a computer memory; checking for related property documentation to ensure that all pertinent property documentation is provided; processing transaction information relating to the real estate property transaction; transferring funds between the homeowner and the at least one investor participating in the real estate property transaction; and filing documents that are related to the partial equity interest and making the documents of record.