I have a large HELOC 150K (0 outstanding) and I think the real thing to think about is the amount of cash you have available and if you will beable to qualify again for the same HELOC. You have a ten year draw period that you should not have to prove your abbility to pay again...that to me is priceless.
I have only used it once and that was to float me for six months without having to use my cash on hand between jobs.
either way your score will be uneffected by the clouser unless you have a limited number of trade lines...sounds like your well establised tho. as far as the sale goes.....keep it or get rid of it same effect
TU EQ EX 687 659 689 11/5/2007
700 669 689 12/7/2007