The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 19, 2013
Filed:
Oct. 05, 2012
Pricelock Finance, Llc, Omaha, CT (US);
Steven M. Menzies, Omaha, NE (US);
Christopher W. Overton, Castro Valley, CA (US);
Jeffrey A. Silver, Omaha, NE (US);
PriceLock Finance, LLC, Omaha, NE (US);
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 due to a drop in a Real Estate Price Index. 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. The Home Resale Price Protection Plan is contingent on the death, disability or other hardship faced by the homeowner. The Plan may be insured. The benefits of the Plan may be payable by an insurance company.