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.
The sensation of severe burning in your sinus when something nasty makes its way up there, for example, horseradish, and even worse, was..
1.
Getting less than you bargained for.
The date with the good-looking blonde was a disaster. She turned out to be crazy and Bob realized ..
