Staying, moving, or downsizing

Make a considered list of housing options and the trade-offs to explore.

Make a considered list

Staying in your home, adapting it, moving nearer to family, or downsizing may all be worth exploring. The choices depend on your needs and circumstances.

Consider more than the purchase price

Write down location, accessibility, upkeep, moving costs, and the support you may need. Discuss financial assumptions with qualified advisors.

Place equity in context

A home equity figure does not tell you which option is right for you. It is one input among many and does not represent an available borrowing amount.

• What would daily life look like?
• What would upkeep involve?
• Which costs need an independent estimate?
• What would we do if the plan changes?

Use HUD’s counseling directory to find housing counseling information.

The Equity Nest is a publication operated by W2WD LLC. Content is general information, not financial or legal advice. We are not a lender or broker, do not offer loans, arrange financing, or make credit decisions. Consult your own advisors before making decisions.