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

Dark Deco

1. the style of animation used in batman the animated series. The cartoon was drawn onto black paper to enhance the dark atmosphere of the ..

Y-la

1. An all-knowing being that descended from the heavens millions of years ago, only to take form as an adolescent human being that may be c..

Gabahoofra

1. A combination of gumballs and hair stuck on the floor. That's one disgusting gabahoofra over there on the sidewalk! See gum, hair..

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Nequity Edit Meaning