Smart Moves: More retired homebuyers now have to take on debt - Press of Atlantic City: Southern New Jersey Real Estate - PressofAtlanticCity.com

Smart Moves: More retired homebuyers now have to take on debt

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Posted: Sunday, February 24, 2013 12:01 am

Financial advisers have long cautioned retirees to avoid taking on mortgage debt when they buy a home. But some find it unavoidable — even when they’re downsizing to a smaller property in a more affordable real estate market.

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