1. A computer system for dividing and distributing a predetermined real estate commission and a mortgage origination fee associated with the sale of real property from a seller to a buyer in real estate transactions concerning the purchase or sale of real property in association with the buyer, a realtor that receives the predetermined real estate commission for any sale consummated and a mortgage originator that receives the mortgage origination fee as a portion of the mortgage origination proceeds, the computer system comprising:
(a) a processor;
(b) a communications device in association with the processor;
(c) a storage device in association with the processor and the communications device;
(d) an input-output device in association with the processor, the communications device and the storage device such that the processor, the communications device, the storage device and the input-output device are in active engagement one with the other;
(e) the input-output device providing an engagement for the buyer, the realtor and the mortgage originator, wherein the engaged input-output device transmits information to the processor by the communications device for analysis of the information by the processor, and wherein the information is retained in and retrieved from the storage device as needed, for providing a simplified loan process for the buyer by the coordination between the realtor and the mortgage originator due to the communication achieved with the computer system among the buyer, the realtor and the mortgage originator;
(f) the input-output device receiving from the buyer a first amount of money associated with the sale of the real property sufficient to pay for the real property, and to pay the real estate commission, and to pay the mortgage origination fee defined as a first value;
(g) the processor receives the first value from the communications device via the input-output device for apportioning the first value into at least three allotments, the three allotments comprising a first allotment of money for the purchase of the real property, a second allotment of money for the payment of the real estate commission, and a third allotment of money for the payment of the mortgage origination fee;
(h) the processor combining the second allotment of money for the payment of the real estate commission and the third allotment of money for the payment of the mortgage origination fee for creating a total service allotment;
(i) the processor further apportioning the total service allotment into a predetermined amount of money selected from the group consisting of the purchase price of the property and the loan amount, and-a portion of the mortgage origination proceeds, and combinations thereof, such that the predetermined amount of money is stored in the storage device for later access;
(j) the processor further apportioning the portion of the mortgage origination proceeds typically received by the mortgage originator to compensate for the portion of the purchase price of the property and loan amount apportioned to the buyer from the real estate commission received by the realtor such that the portion of the mortgage origination proceeds is stored in the storage device for later access;
(k) the input-output device that is available to the buyer to access the predetermined amount of money, and to accept or reject the predetermined amount of money;
(l) the input-output device that is available to the realtor to access the portion of the mortgage origination proceeds, and to accept or reject the portion of the mortgage origination proceeds; and
(m) wherein the processor receives a rejection from either the buyer or the realtor for the amount or portion, respectively, then the processor recalculates the amount and portion for the buyer and the realtor to access via the input-output device until both the buyer accepts the amount and the realtor accepts the portion, such that pursuant to the transaction the buyer receives a predetermined amount of money from the purchase price of the property and the loan amount, the realtor receives the full amount of the predetermined real estate commission for the sale consummated and the mortgage originator receives a proportionately smaller portion of the mortgage origination proceeds.
2. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator and transmits information to the processor by the communications device for analysis of the information by the processor, the analysis further comprises using a reason why the buyer is selling, buying or in need of financing.
3. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator and transmits information to the processor by the communications device for analysis by the processor, the analysis further comprises using the buyer’s credit, credit report, credit scores, payment history, collection status and account balances.
4. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator and transmits information to the processor by the communications device for analysis by the processor, the analysis further comprises using information in a loan application.
5. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator and transmits information to the processor by the communications device for analysis by the processor, the analysis further comprises using the buyer’s income and assets.
6. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator and transmits information to the processor by the communications device for analysis by the processor, the analysis further comprises determining the type of loan, establishing the down payment, the loan type, the loan term, and the approximate interest rate.
7. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator and transmits information to the processor by the communications device for analysis by the processor, the analysis further comprises determining if the buyer’s desired loan conforms to the guidelines and that the buyer will qualify for the desired loan.
8. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator device and transmits information to the processor by the communications device for analysis by the processor, the analysis further comprises using alternative loan programs to allow the client to compare different loan options that offer different down payments, terms and rates.
9. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator and transmits information to the processor by the communications device for analysis by the processor, the analysis further comprises using underwriting conditions for reviewing conditions that will need to be met prior to final loan approval.
10. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator and transmits information to the processor by the communications device for analysis by the processor, the analysis further comprises using an the underwriter’s findings to prepare responses and solutions to satisfy the conditions.
11. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator and transmits information to the processor by the communications device for analysis by the processor, the analysis further comprises resolving inaccurate information on buyer’s credit report.
12. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator and transmits information to the processor by the communications device for analysis by the processor, the analysis further comprises using a pre-approval of underwriting findings and limitations of the loan.
13. The computer system defined in claim 1, wherein when the input-output device provides an engagement for the buyer, the realtor and the mortgage originator and transmits information to the processor by the communications device for analysis by the processor, the analysis further comprises using a pre-approval of underwriting findings with input from the realtor.
The claims below are in addition to those above.
All refrences to claim(s) which appear below refer to the numbering after this setence.
1-19. (canceled)
20. A method of applying an electrically conductive paint to a substrate located in a paint spray booth with an electrically charged paint applicator delivered from a color changer at ground potential, said method comprising the following steps:
delivering electrically conductive paint through a first delivery line from said color changer at ground potential to a paint cannister having a reciprocating piston and retracting said piston to receive a predetermined volume of electrically conductive paint in said paint cannister;
electrically isolating said color changer from said paint cannister and said electrically conductive paint in said paint canister;
providing a second paint delivery line from said paint cannister to the electrically charged paint applicator, said second paint delivery line having a pig being transportable therethrough; and
then delivering the electrically conductive paint through the second delivery line from said paint cannister to said electrically charged paint applicator behind said pig by controllably extending said piston to drive a predetermined volume of electrically conductive paint from said paint cannister to said electrically charged paint applicator, thereby electrically charging said electrically conductive paint and applying said electrically conductive paint to the substrate with said color changer electrically isolated from said paint cannister and said electrically conductive paint; and
delivering, via a trunk line that connects a first region of said second paint delivery line that is downstream of said pig with a second region of said second paint delivery line that is upstream of said pig, a small amount of purge solvent upstream of said pig prior to transporting said pig through said second paint delivery line, wherein said small amount of purge solvent has a volume of fifty milliliters or less.
21. The method set forth in claim 20, further including the step of returning said paint left in said second paint delivery line to said paint canister thereby enabling said paint canister to return unused paint from said second paint delivery line toward said color changer.
22. The method set forth in claim 20, wherein said step of electrically isolating said color changer from said paint applicator by filling said first paint delivery line with air provided by a source of pressurized air.
23. The method set forth in claim 20,further including the step of electrically isolating said paint canister from said charged paint applicator.
24. The method set forth in claim 22, further including the step of filling said paint canister with electrically conductive paint while said paint canister is isolated from said charged paint applicator.
25. The method set forth in claim 20, wherein said step of delivering a small amount of purge solvent upstream of said pig is further defined by the solvent lubricating the second paint delivery line thereby facilitating the transfer of said pig through said second paint delivery line.
26. The method set forth in claim 20, further defined by providing a second pig disposed in said first paint delivery line, said second pig being transported through said first delivery line in a first direction thereby delivering paint from said color changer to said paint canister via air provided by a source pressurized air.
27. The method set forth in claim 26, further including the step of transporting said second pig through said first paint delivery line in an opposite direction via electrically conductive paint delivered from said paint canister back to said color changer.
28. The method set forth in claim 26, wherein said second region of said paint delivery line is between said first pig and said second pig.