cash-out refinance

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cash-out refinance

To refinance a property in an amount sufficient to pay off existing debt and provide cash to the owner. Because this is not a taxable event, it is a widespread way for investors to realize benefits from the growth in their assets without having to sell them.

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Cash-Equivalent Items
cash-on-cash
cash-on-cash return
Cash-or-Nothing Call
Cash-or-Nothing Put
Cash-out Laws
Cash-Out Refi
cash-out refinance
Cash-Secured Put
Cash-Surrender Value
cash-value life insurance
Cashbook
Cashed-Based
cashier's check
Cashier's Department

Financial Dictionary

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