System and method for monitoring events associated with a person or property

• US 7,835,986 B2
• Filed: 05/14/2010
• Issued: 11/16/2010
• Est. Priority Date: 02/22/2006
• Status: Active Grant

• Current Assignee: Corelogic Solutions LLC (CoreLogic Incorporated)
• Original Assignee: CoreLogic Information Solutions Incorporated (CoreLogic Incorporated)
• Inventors: Serio, Dianna Lee
• Primary Examiner(s): Colbert; Ella
• Assistant Examiner(s): Ojiaku; Chika
• Application Number:
  US12/780,247
• Publication Number:
  US 20100223169A1
• Time in Patent Office: 186 Days
• Field of Search: 705/35, 705/36.R, 705/4, 235/80
• US Class Current: 705/38
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: G06Q 40/12 Accounting
• CPC Class Codes: G06Q 50/16 Real estate

Abstract

A system and method for retrieving a transaction associated with a property including obtaining property information pertaining to a property fl-om a third party source, storing the property information in a database, receiving a name to monitor or an address of a property to monitor, and transmitting a property information request including the name and/or address to the database. The system and method may also include searching the property information for a match with the name or address, identifying a transaction associated with the matched name or address and transmitting the transaction to a device.

Claims

1. A non-transitory computer storage medium having instructions that when executed by a computer perform a method of monitoring transactions associated with a person'"'"'s real property comprising the steps of:

storing information in a database pertaining to a public record transaction affecting the real property,

receiving from a subscriber and storing in the database subscriber information, said subscriber information including a property address of the real property to monitor and an email address;

iteratively monitoring the database by a processor-implemented search process for an occurrence of the property address stored in the database to find a first match;

identifying via a processor an indication of the public record transaction stored in the database associated with the property address and the first match; and

transmitting the indication of the public record transaction to the email address.

2. The computer storage medium of claim 1, further comprising:

sending a request for information about a name of the real property owner to the database.

3. The computer storage medium of claim 1, further comprising:

comparing the indication of the public record transaction to a list of transactions to find a second match, the list of transactions include a plurality of public record transaction types and a degree of seriousness rating corresponding to each of the plurality of public record transactions; and

retrieving a degree of seriousness rating corresponding to the second match in the list of transactions, wherein the degree of seriousness rating being selected from a group having least three gradations of seriousness.

4. The computer storage medium of claim 3, further comprising the step of transmitting the degree of seriousness rating corresponding to the second match to the email address.

5. The computer storage medium of claim 1, wherein the public record transaction is a recording of a document against the real property.

6. The computer storage medium of claim 1, wherein the public record transaction is a lien against the real property, and the lien having a property address associated with the real property.

7. The computer storage medium of claim 1, further comprising:

comparing the indication of the public record transaction with a list of transactions to find a second match, the list of transactions including a plurality of public record transaction types and a remedy associated with each of the plurality of public record transaction types; and

retrieving the remedy corresponding to the second match in the list of transactions, wherein the remedy is selected from a group of remedies including

an adding of a subsequent transaction remedy associated with a first transaction type,

a correction of the transaction remedy associated with a second transaction type, and

a removal of the transaction remedy associated with a third transaction type, wherein the plurality of public record transaction types include

the first transaction type

the second transaction type, and

the third transaction type.

8. The computer storage medium of claim 7, further comprising transmitting the remedy to the email address.

9. The computer storage medium of claim 3, further comprising assigning a default degree of seriousness rating to the public record transaction after the second match for the public record transaction is not found in the list of transactions.

10. A non-transitory computer storage medium having instructions that when executed by a computer perform a method of retrieving a transaction associated with a property comprising the steps of:

obtaining property information pertaining to a property from a third party source;

storing the property information in a database;

receiving an address of the property to monitor;

transmitting a property information request including the address to the database;

iteratively searching with a processor the property information for a first match with the address;

retrieving a transaction associated with the first match;

comparing the transaction with a list of transactions for a second match, the list of transactions include a plurality of public record transaction types and a degree of seriousness rating corresponding to each of the plurality of public record transaction types;

retrieving a degree of seriousness rating corresponding to the second match in the list of transactions; and

transmitting the transaction to a device to notify a property owner of the transaction related to their property,

wherein the degree of seriousness rating being selected from a group having at least three gradations of seriousness.

11. The computer storage medium of claim 10, further comprising the step of transmitting the degree of seriousness rating corresponding to the second match to an email address.

12. The computer storage medium of claim 10, wherein the transaction is a recording of a document against a real property.

13. The computer storage medium of claim 10, wherein the transaction is a lien against a real property.

14. The computer storage medium of claim 10, further comprising the step of comparing the transaction to a list of transactions for a second match and retrieving a remedy corresponding to the second match in the list of transactions, wherein the list of transactions further includes remedies corresponding to each of the plurality of public record transactions types.

15. The computer storage medium of claim 14, further comprising the step of transmitting the remedy to an email address.

16. The computer storage medium of claim 10, further comprising the step of assigning a default degree of seriousness rating to the transaction after the second match cannot be found in the list of transactions.

17. A non-transitory computer storage medium having instructions that when executed by a computer perform a method of monitoring an absence of a public record transaction associated with a person'"'"'s real property comprising the steps of:

storing information pertaining to the real property in a database;

receiving a request from a subscriber to monitor the public record transaction, the request including a property address associated with the public record transaction, the request including a datum transaction associated with the public record transaction;

iteratively monitoring the database with a processor for the public record transaction; and

transmitting a notification to a device if the public record transaction has not occurred within a predetermined time period relative to the datum transaction.

18. The computer storage medium of claim 17, wherein the datum transaction is an execution of a financing document having a document identifier and the public record transaction is a recording of the financing document identified by a document name.

19. The computer storage medium of claim 18, wherein the document identifier is a name of a mortgage document.

20. The computer storage medium of claim 19, wherein the predetermined time period is 90 days.

21. A non-transitory computer storage medium having instructions that when executed by a computer perform a method of monitoring transactions associated with real property, comprising:

storing information in a database pertaining to a plurality of public record transactions;

receiving subscriber information from a subscriber and storing the subscriber information in the database, said subscriber information including a property address of real property to monitor, and an email address;

iteratively monitoring the database with a processor that executes a search process for identifying an occurrence of the property address stored in the database;

identifying with the processor an indication of at least one of the plurality of public record transactions associated with the property address; and

transmitting the indication of the at least one of the plurality of public record transactions to the email address.