Method for managing a home equity sales program

Abstract

A system and method for conducting a home equity sales (HES) program enables a real estate property owner to sell a partial equity ownership interest in a real estate property. This allows the property owner to sell the interest outright to an investor and receive compensation for the sale of the interest. The property interests of the property owner and the investor are both recorded in property records relating to that particular property. The property owner may sell multiple interests in the same property and an investor may also purchase these multiple interests.

What is claimed is: 
     
         1 . A home financing method implemented in an internet networked computer system and securely investing in home equity comprising: the internet networked computer system locating an Investor, and locating a Homeowner having at least a minimum amount of equity in a real property, and securing a negotiable investment in the real property, a Broker managing the internet networked computer system to facilitate and secure the investment transaction between the Investor and the Homeowner, the transaction including (a) transfer of a non-debt partial equity interest in the real property to the Investor as a secure negotiable investment in exchange for consideration from the Investor and (b) transfer of consideration to the Homeowner as home financing in exchange for equity in the real property from the Homeowner, (c) payment of a commission by at least one of the Investor and the Homeowner to the Broker, the internet networked computer system managing the investment during its term including: sales, redemptions, transfers and record keeping and the internet networked computer system including an internet website for posting investment trades and their associated sale prices, investments available for sale, offers for sale of specific investments, as well as other information subject to regulation by the SEC or other type of governmental oversight entity; and wherein internet networked computer system estimates a market price for an investment and posts the price estimate on the website.