What is Nequity?
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Negative Equity. This happens when your house value is less than the purchase price minus your down payment.
Joe put 20% down on a $500,000 house, the market crashed and the house is only worth $380,000. Joe now has $20,000 of Nequity.
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Random Words:
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n. A hypothetical future version of Urban Dictionary in which it is innundated by entries that are not so much definitions of words as ..
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dork brothers annoy you and are always over your shoulder when you are on the computer
Dork Brothers: What are you doing? Huh Huh Huh?
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i will stab you with a sharp object. the person or persons being stabbed will usually be of latin origin, as well as the stabber.
Mano..
