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

Noomah

1. 1. Verb. to do something cool. 2. Adj. a description of something awesome. 3. N. an extremely cool object. The shortened word is Numa..

Rastic

1. Someone with little, to no fashion sense OmG look what that chicks wearing! What a rastic!! See fashionable, sexy, ugly, spastic 1. ..

Yeabut

1. When you are saying "Yes, but" faster trying to get your point befor your dad or mom or whoever says no. "Can you take u..

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Nequity Edit Meaning