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

Froser

1. so werid creppy freak who is a loser and all he/she does is play games and has no friends and laughs so hard at jokes when its not reall..

W'sup

1. whats is going on bro w'sup bro..

Smingy

1. to be desirous of marijuana; like being hungry or thirsty I'm smingy; i need a sack. See hungry, thirsty, weed, dry, stoned..

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Nequity Edit Meaning