Method for Producing a Property Valuation Report
OwnerJames Edward Deanne, Gregory Walter Joseph Hauth +1inventors
InventorsJames Edward Deanne, Gregory Walter Joseph Hauth, Shawn Peter Sheridan
Life of this patent
Estimating the term…
Abstract
A method for producing a Property Valuation Report using the combination of an Internet Graphical User Interface (GUI) to query a computer database of property values, a computer database of tax appeal and other applicable forms, and a report generator producing a variety of Property Valuation Reports that are time-shifted to a specific calendar dates in the past, present or future.
Claims10
A method for operating a general purpose data processor of known type to enable said processor to execute formulas in an object program comprising a plurality of formulas, such that the same results will be produced when given the same data, electronically calculating a tax appeal for real property comprising:
- a. A computer processor means for processing data,
- b. A computer storage means for storing data on a storage medium,
- c. A graphical user interface (GUI) input means whereby said user inputs the address of a real property into said computer,
- d. a computer database containing a plurality of assessed values of real properties, stored on said computer, wherein each property has one or more values,
- e. a plurality of functions configured to retrieve assessed values and perform operations to adjust assessed values to conform to a date specified by a lookup table, such date conforming to an “as of” date required by the taxing authority wherein said property is located,
- f. a computer database containing a plurality of market values of real properties, wherein each property has one or more values adjusted to an “as of” calendar date specified by a taxing authority wherein said property is located,
- g. a plurality of query functions configured to retrieve the adjusted assessed value and adjusted market value for a specific property from said databases, for the same specified calendar date,
- h. a plurality of calculator functions configured to compare said retrieved values,
- i. a plurality of calculator functions configured to provide output comparing said market value to said assessed value and provide an output response to user depending on whether said market value is great than said assessed value, less than said assessed value, or approximately the same as assessed value,
- j. for market values less than assessed values, an output function wherein a property valuation report is provided comprising said adjusted market value for the property, “as of” the date specified.
A method for electronically producing a valuation for real property at various dates in the past, present, or future comprising:
- a. A computer processor means for processing data,
- b. A computer storage means for storing data on a storage medium,
- c. A graphical user interface (GUI), whereby said user enters a specific date of interest for said property valuation,
- d. a property database containing market values of real properties, wherein each property has one or more values specific to a point in time available for retrieval,
- e. a plurality of query functions that retrieve the market value for a specific property, for a specific calendar date, and returns said market value to said user, and;
- f. a plurality of output functions configured to provide output in electronic form.
Dependencies are inferred from the claim text.