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

Quihuiz

1. Of Hispanic descent. Generally Mexican; however not a real Mexican. "Antonio's got green eyes, fair skin, and a well-paying j..

Yea-o

1. It is a word for cocaine. Also, poweder, snow, Cokey Cokerson TM. Where can I find some Yea-O? See Basil..

Compton Roll

1. Rolling down the sides of the brown bag around a 40oz as the amount of liquor goes down in the bottle. compton roll that shit See comp..

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Nequity Edit Meaning