Property Analyzer With Multi-Source Data Consolidation

Resolve Bottlenecks,
Find Innovative Solutions
Generate Solutions

Solution Overview

Problem

Existing systems require separate processes and data submissions for home purchasing tasks like loan applications and insurance, lacking integrated access to property information from disparate sources.

Innovation Solution

A computing device-based application that consolidates property-related data from multiple sources into a unified view on a user interface, using GPS and object recognition to retrieve and display information such as property images, historical data, and risk assessments.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of manufacture

If separate processes are used for loan applications and insurance, then specialized processing can be achieved, but user convenience deteriorates due to redundant data entry

Engineering Contradiction:
Improvespecialized processing capabilityVSAvoiduser convenience
Core Design Contradiction:
Ease of manufactureVSEase of operation

Solution Approach 1:

The patent combines multiple separate processes (loan application, insurance application, property information gathering) into a single integrated digital platform. The system consolidates data collection, processing, and decision-making for all these functions through one unified interface, eliminating the need for users to separately access multiple systems and re-enter the same property information.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The digital platform is designed to perform multiple functions simultaneously - it can process loan applications, insurance applications, and property information retrieval all through a single system. This multi-functional approach allows the same interface and data collection mechanisms to serve diverse purposes, improving user convenience while maintaining specialized processing capabilities.

Inventive Principle:
Principle #6Universality (Multi-functionality)

2Loss of information

If multiple data sources are used to gather property information, then information completeness is improved, but system complexity increases due to integration requirements

Engineering Contradiction:
Improveinformation completenessVSAvoidsystem integration complexity
Core Design Contradiction:
Loss of informationVSDevice complexity

Solution Approach 1:

The patent introduces a central digital platform that acts as an intermediary between multiple data sources (public records, private databases, property management systems) and the user. This intermediary system automatically collects, standardizes, and integrates data from various sources through unified protocols, completing information gathering while managing integration complexity within the platform's architecture.

Inventive Principle:
Principle #24Intermediary (Mediator)

Solution Approach 2:

The system changes the parameters of data integration by implementing standardized data formats and protocols across all connected sources. By establishing uniform parameter structures for property information, the platform can efficiently integrate multiple data sources without proportionally increasing complexity, as all sources conform to the same data specification framework.

Inventive Principle:
Principle #35Parameter changes

3Measurement precision

If manual data entry is required for each transaction, then data accuracy can be verified, but productivity decreases due to time-consuming processes

Engineering Contradiction:
Improvedata accuracyVSAvoidtransaction processing speed
Core Design Contradiction:
Measurement precisionVSProductivity

Solution Approach 1:

The digital platform enables self-service data entry where users input property information once, and the system automatically populates all subsequent forms and applications using that data. The platform also automatically retrieves and verifies data from connected sources, reducing manual entry requirements while maintaining accuracy through automated validation rules and cross-checking mechanisms.

Inventive Principle:
Principle #25Self-service

Solution Approach 2:

The system performs preliminary data collection and validation during the initial property information entry phase. By gathering and verifying all necessary data upfront, the platform prepares complete, accurate datasets that can be reused across multiple transactions without requiring repeated manual verification, thus maintaining data accuracy while significantly improving processing speed for subsequent operations.

Inventive Principle:
Principle #10Preliminary action

Data Source

PatentUS12462308B2Systems and methods for analyzing property related information
Publication Date: 2025.11.04 STATE FARM MUTAL AUTOMOBILE INSURANCE COMPANY
  • US12462308B2 patent drawing
  • US12462308B2 patent drawing
  • US12462308B2 patent drawing

AI summary

A property analyzer device may include (1) a receiver configured to receive property identification information from a mobile device, the received property identification information including a picture of the property and/or a property location; (2) a retriever configured to retrieve property-related information from multiple property sources (such as public record databases, websites, or an internal company database) based upon the received property identification information; (3) a processor configured to consolidate the retrieved property-related information into a consolidated property-related image of the property; and (4) a transmitter configured to transmit the consolidated property-related image to the mobile device for review by a user. The mobile device may display the consolidated images that may include several images of the property taken over time (such as showing repairs or improvements made), home insurance quotes, home loan quotes, and other types of property-related or community information that home buyers or owners would find useful.