[Zeke]

I've looked into the subject and I think when it gets to be that time it's better to sell and move into something affordable with the proceeds. If they don't have much equity left, they won't be considered for a RM anyway.

And you're right, the banks hold the upper hand in these. The only way one really makes out on a RM is to live to be really old and leave nothing behind for anyone else.

One other option (and one I will probably take) is to rent out the house and try to find a differential in expenses vs. income to help out. I don't know how it is in WI, but here in SoCal, I would be bringing in some good cash while still holding the real estate.

But, I won't be able to stay in SoCal.