Equity Takeout

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Dictionary Says

Definition of 'Equity Takeout'

Taking money out of a property to use for a variety of purposes. Equity takeout allows homeowners to tap into the equity of their home. When an equity takeover is done on your home, the principal on the value of the mortgage will increase, if there is an existing mortgage on the property. If you don't have a mortgage, you are borrowing against the property. 

This mortgage is available in two forms: the traditional fixed rate mortgage or a variable line of credit option. The main difference between the fixed and variable types is that the traditional fixed provides stable interest rates for a predetermined period of time and has limited prepayment options. The variable line has a fluctuating interest rate and flexible prepayment options. A equity takeout is also referred to as an equity takeout mortgage.

Investopedia Says

Investopedia explains 'Equity Takeout'

Homeowners take money out of their property for different reasons including investment in other real estate properties, stocks or equities, and purchase of properties that are considered recreational such as cottage or vacation homes. Other purposes include using the money to cover tuition fees, home renovations or startup business costs.

Search results for

'Equity Takeout'

  • Big Lots New Stores Drive Growth Outlook

    http://stocks.investopedia.com/stock-analysis/2011/Big-Lots-New-Stores-Drive-Growth-Outlook-BIG-BJ-BIG-FDO-KKR-DG0308.aspx
    ... Attractive Buyout Candidate Big Lots has been mentioned as a possible takeout candidate
    for private equity, similar to BJ's Wholesale Club (NYSE:BJ). ...

  • GM Lights The Torch For The Bankruptcy Olympics - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0609/GM-Lights-The-Torch-For-The-Bankruptcy-Olympics.aspx
    ... put together a package highlighting office space, transit routes to court, a full
    list of takeout and drinking ... Current Rates. Savings Home Equity Mortgage Auto. ...

  • KKR Feasts On Del Monte Foods

    http://stocks.investopedia.com/stock-analysis/2010/KKR-Feasts-On-Del-Monte-Foods-DLM-FDP-CQB-CAG-KKR1128.aspx
    ... The takeout price was done at a small premium to the closing price and near Del
    Monte's 52-week high. Once private, the equity groups likely will be able to ...

  • Does Beckman Bow To The Inevitable?

    http://stocks.investopedia.com/stock-analysis/2010/Does-Beckman-Bow-To-The-Inevitable-BEC-RHHBY-ABT-SI-GE-DHR-GPRO-CPHD1214.aspx
    ... bids or indications of interest for the company - though apparently from private
    equity buyers and not other companies. (For more, see Potential Takeout Targets ...

  • BJ's Goes Bye-Bye

    http://stocks.investopedia.com/stock-analysis/2011/BJs-Goes-Bye-Bye-BJ-COST-WMT-TGT-FDO-DG-SHLD0629.aspx
    ... time and laggards in attractive industries are always appealing takeout candidates ...
    Got BJ's announced that it will sell itself to private equity parties Leonard ...

  • Does Getting Bigger Make Duke Energy Better?

    http://stocks.investopedia.com/stock-analysis/2011/Does-Getting-Bigger-Make-Duke-Energy-Better-DUK-PGN-EXC-WEC-NVE-AEP0113.aspx
    ... American Electric Power (NYSE:AEP) - not because they are intriguing takeout candidates
    (though ... He has worked as an equity analyst for both sell-side and buy ...

  • Will 2011 Be Another Wild Year In Software?

    http://stocks.investopedia.com/stock-analysis/2011/Will-2011-Be-Another-Wild-Year-In-Software-BMC-CTXS-VMW-RHT-CRM0107.aspx
    ... on its own merits, as well as offering the potential kicker of a takeout premium. ...
    He has worked as an equity analyst for both sell-side and buy-side investment ...

  • Eastman Chemical Seems To Get The Long-Term Picture

    http://stocks.investopedia.com/stock-analysis/2012/Eastman-Chemical-Seems-To-Get-The-Long-Term-Picture-EMN-SOA-BRK-A-DD-DOW0201.aspx
    ... That's not an especially cheap price, but it's not so unusual for a takeout of a ...
    He has worked as an equity analyst for both sell-side and buy-side investment ...

  • Truly Tasty Stocks

    http://stocks.investopedia.com/stock-analysis/2010/Truly-Tasty-Stocks-DPZ-PZZA-YUM-MCD0304.aspx
    ... are still cautious, which means that lower priced sit down or takeout/deliver
    restaurants ... Glenn Curtis started his career in the 1990s as an equity analyst for ...

  • Pall May Be Offering An Entry Point

    http://stocks.investopedia.com/stock-analysis/2011/Pall-May-Be-Offering-An-Entry-Point-PLL-DCI-CLC-BA-GE-TYC0919.aspx
    ... is always the possibility that a larger company will view it as a takeout candidate
    with ... He has worked as an equity analyst for both sell-side and buy-side ...

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