[joseblanco]

I do not know for certain but one rule of thumb is that an equity pull to reinvest back into the home is traditionally the purpose for HELOCs. It is technically a net sum gain lost at a minimum. The value that you pulled out of equity is just put right back into the home so its resale value is enhanced. Its the modern pull your equity out for everyday purchases that is dangers. You are never going to recapture that equity, its just new clothing, a car etc.