Despereal Estate

What is Despereal Estate?

(n.) property with negative equity in a declining real estate market

There is so much despereal estate in this neighborhood. Behind every 'for sale' sign is a mortgage debt greater than the value of the house itself.

See real estate, mortgage, house

Punch Job

1. Essentially the same as a handjob, but the person performing the act engages in violent striking of the groin area. Ouch I got a punch ..

Loafie

1. a nicer way of saying "shitty". In reference to the term "pinch a loaf", where the "loaf" is a turd. Bob:..

Robben Island

1. The place you go to take a crap. "I need to go to Robben Island and release Mandela, for the sake of humanity" See mandela, ..

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Despereal Estate Edit Meaning