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

Homozone

1. An area that is populated by homosexuals. "Yo freddy, i was at the YMCAlast Tuesday, talk about Homozone" See homo, ymca, z..

Bumped Off

1. The mafia term for taking a target out. Tony was bumped off today, lets not shed no more blood. See kill, wack, take out, murder, assa..

Quetumbar

1. doom(according to the elvish dictionary) and/or a happy-go-lucky elf who is too lazy to ever update his website... Prepare to meet your..

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Nequity Edit Meaning