Nequity

What is Nequity?

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.

See equity, negative, housing, crash, real estate

Quality Vs Quantity

1. A hella ugly lookin dude with a huge dick vs a hella good lookin dude with a chode i dont think u want an example 2. A pathetic excus..

Twanged

1. to be off your face entirely, namely drunk/high/fucked. last night i was so twanged i thought my sister was hot. See twanged, drunk, h..

Ziter

1. someone who rules so hard he must attend at least 3 high schools. on account of being so tough. most sightings occur without a shirt. an..

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Nequity Edit Meaning