Reading all of the comments on the last couple of pages (not to say they aren’t interesting, thought-provoking and useful!) I repeat what I said on the first page: we really aren’t in a position to give good advice based on the information Homeschool has given us. We’re talking about a huge set of decisions across the entire spectrum of life here. There is no way we can know all of the particulars.
What I think we CAN support is his thinking that he would be well-served by making some personal and financial decisions for the benefit of his health and family, and that he is in a strong economic position to make those decisions.
So, IF this idea about downsizing his home is a good one, here might be the steps;
1. Identify an area where you can purchase in cash (or close to it) a home that you and your family are going to happy with. Don’t saddle yourself with an hour of commuting in each direction or something crazy like that. Check here to see if your impressions about your targeted areas are are correct.
2. Price your house to sell in the current market.
3. Carefully go through the process of selling, shopping and buying.