Invention Grant
- Patent Title: System and method for evaluating real estate transactions
- Patent Title (中): 房地产交易评估制度和方法
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Application No.: US12283958Application Date: 2008-09-17
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Publication No.: US07860788B2Publication Date: 2010-12-28
- Inventor: Robert Rieger , Thomas Tyson Lowery , Catherine M. Dunn
- Applicant: Robert Rieger , Thomas Tyson Lowery , Catherine M. Dunn
- Applicant Address: US CT Stamford
- Assignee: General Electric Capital Corporation
- Current Assignee: General Electric Capital Corporation
- Current Assignee Address: US CT Stamford
- Agency: King & Spalding LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
Evaluating a real estate transaction based on preliminary data about the transaction. An evaluation system employs a transaction evaluator software module that can receive input about a customer and a type of financial product. The transaction evaluator software module also has access to a variety of data sources defining parameters for the investing institution. When the transaction evaluator receives input for a customer, it retrieves the relevant parameters for investing and performs a series of calculations to determine the likelihood that the customer's transaction will be approved. The results of the calculations can be displayed to the user in a graphical format for a range of transaction values. The graphical presentation of the calculations assists the user in determining whether to proceed with the transaction.
Public/Granted literature
- US20090024454A1 System and method for evaluating real estate transactions Public/Granted day:2009-01-22
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