Nequity

What is Nequity?


1.

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


44

Random Words:

1. The princess of everything the God of warriors!!! A retarted way of spelling Amy! God your just like an Eimy. See eimy, princess, reta..
1. Archaic expression of shock or suprise. Derives from "God's wounds". As with similar archaisms, "Zwounds" is us..
1. 1. To suffer from a certain type of wackness inherent in the Rajan's DNA, of which the phenotype is expressed in the popular sport ..