Home equity estimator, banner providing interactive home equity estimation, and method for implementing the same

作者: Lawrence Martine , Christopher Catlow , David Collins

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摘要: An online banner advertisement is provided that enables a consumer to estimate the consumer's home value based on state where located, year was purchased, and purchase price. State-level data from Office of Federal Housing Enterprise Oversight (OFHEO) can be used calculate percentage increase in against price current home. equity calculation include deducting computed The computing yearly cumulative appreciation for each year, starting present, quarterly data. Consumers accessing estimation are given an option contact lender or proceed lender's website additional information, such as more specific estimation, may obtained. Consumer access and/or tool available thereon monitored. Number times consumers information pages website, well number loan applications being generated result tracked. Cost benefits providing evaluated.

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