on Mon Feb 27 18:28:19 2012, in response to Re: If You Plan On Selling Your Home, posted by ClearAspect on Mon Feb 27 17:00:08 2012.
Absoltuely false. Plenty of people scale down and move to Florida (and I put florida in quotes and said fill in a blank, which you ignored). But let's use Florida. You can sell your $600,000 home on Long Island, stop paying $19,000 in taxes for that, retire to Florida to some Condo for less than a fraction of that, and pay much less taxes. And FURTHERMORE, I also mentioned moving in with a daughter or son which many do (thus sell the house). Or move out of a larger home with large upkeep (another thing you failed to consider in trying to do your usual putting my posts down). Or move to a condo where there's now exterior maintenance. There's MANY reasons for someone elderly to NOT stay in their too large, expensive, high upkeep, with no family around home.