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

Habolgotten

1. Habolgotten is the sound of a person clapping with one hand while running. It means basically anything you want it to mean. "OMG w..

Er'day

1. Meaning 'EVERY-DAY' or all the time,,, "How often does yo mamma pack you up a lunch?" "Er'day, she packs..

Unfull

1. to be not full Woah, I didn't realize I had drank so much beer until I noticed all the cans were unfull See empty, dumb, ginger..

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Nequity Edit Meaning