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CheapHousePayments.com, Inc.

CheapHousePayments.com, Inc. Patent applications
Patent application numberTitlePublished
20080249871System and Method for the Advertising, Marketing and Sale of Real Estate - The invention is a system and method for the advertising, marketing and sale of property, such as real estate. In one version, the system/method operates on the principle of having the builder (and other parties) prepay a sum of money to be held by a facilitator (or another party) in trust. Over the first eighteen to twenty-four months of the property purchaser's mortgage, a predetermined portion of the proceeds of this trust is paid back to the property purchaser to assist (payment assistance program) the purchaser in making his/her mortgage payments. The result is that the effective mortgage payment amount of the purchaser/buyer is reduced for the first eighteen to twenty-four months, an incentive for the buyer to buy a home sold via the invented method.10-09-2008