While many experts recommend downsizing for financial and health reasons, the decision isn't so clear-cut for most seniors. Need help weighing potential pros and cons of downsizing? Weigh the pros and cons on this list.
Excerpt from MortgageLoan.com
"Most Americans will need some type of long-term care in their old age. For those moving to a senior living facility that provides some level of care — from weekly housekeeping to daily assistance or dementia care — selling their home to fund senior living and care may be their best choice..."