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

Knysh

1. A piece of eastern european trash. A complete loser with no fashion sense that looks out of place. Look at what that loser is wearing...

Irish Comics

1. A slang term for the obituaries. I read in the Irish comics that Jane Doe passed away. See eulogy, obit, postmortem, register..

5190

1. Definition of a typical asian female, 5 feet 1 inches and 90 lbs. 51 90 fifty-one ninety I went to an asian club last night and all I..

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Nequity Edit Meaning