Product Development

Definition of "Product development"

Design, testing, packaging, and marketing of an insurance policy.

Search Real Estate Glossary

Related Real Estate Glossary terms

Mortgage Guarantee Insurance Company (MGIC)

Private company established in 1957 and headquartered in Milwaukee, WI, providing private mortgage i ...

Disability, Total

Inability of the insured to perform any and all important daily duties of that insured's occupation. ...

Mobil Home Construction And Safety Standards Act

Federal act passed in 1974 regulating mobile homes. The act defines a mobile home as a "Structure, t ...

Form 5500

Form that reports the status and activity of retirement plans to the Internal Revenue Service (IRS). ...

Recovery Period

Period of time during which a complainant in a real estate transaction can seek a financial recover ...

Cost Of Development

Expenditures incurred to develop real estate. An example is the cost to build a shopping center. ...

Related Real Estate FAQ

Do I Need Earthquake Insurance?

If you live in an Earthquake zone. Yes! Typically most homeowners insurance insurance coverage would ...

Why Do People Refinance?

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to t ...

What Is A Cap?

A limit on an adjustable-rate mortgage. ...

How Much Money Can I Borrow To Buy A Home?

To begin, you\'ll need to figure out what your gross income is (before taxes) monthly and yearly. T ...

What Is A FHA Mortgage?

A FHA mortgage is when the government guarantees Federal Housing Authority loans. You can put down a ...

What Is A Commitment Letter?

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Mortgage Loan Types How To Sell Your Home How is Square Footage Determined? 10 Tips for Homebuyers What is Escrow and how does it Work?

FAQ

What is a spec house? What is a credit report? What is a broker? I need Hospital Insurance in addition to my current health insurance policy? What is a second mortgage?