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
Random Words:
1.
This porno that I have in my closet
See Bob Dole..
1.
a term coined during a rather interesting meal for sexual intercourse.
Yeaaaa Let's go i think they're makin' omelettes..
