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.
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Random Words:
1.
a word that can be said instead of curse words in times of sadness, anger, or comedy. it cannot however express happyness. also, yeaugxh..
