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[quote=Anonymous]The downsize doesn't make any sense!  ( Only on DCUM)  For crying out loud what if you sell pocket real money and values go down? Ok if you buy a house that goes down that doesn't help but a 400K house drops 5% that is only 20K vs a $600K house.  People saying transaction costs or moving costs?  I moved once not too long ago a local move 4 bdr/ 3 level house it cost me $1100 big whoop.  Op you said VA loan?  No money down! No PMI !  Get the equity out and start earning $$ on that $$  yes if you took the equity out you would potentially have a higher house payment but the size of the house and the mortgage could be balanced.  300K equity could make you 15K or more each year.  Lower utilities too!  Many Many reasons that a downsize could make sense for you. Can you tell I am downsizing?  This is a very personal decision mine is part financial and part I don't need 5000 sq ft any more.  I figure I will pocket 180K but between lower monthly payments and utilities plus what I gain on that 180K I will have close to 300K in 5 years.   I weighed the pro's and con's of it and like I said its a personal decision I won't look back if it makes sense for you go for it, good luck[/quote]

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