<p><img fetchpriority="high" decoding="async" class="aligncenter wp-image-9564 size-full" src="https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header.jpg" alt="" width="1920" height="1080" srcset="https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header.jpg 1920w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header-300x169.jpg 300w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header-1024x576.jpg 1024w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header-768x432.jpg 768w, https://bwfa.com/wp-content/uploads/2021/01/BWFA-Podcast_FP_Header-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></p> <p style="text-align: center;"><span style="font-size: 18px;"><strong><span style="color: #004f6e;">SHOULD YOU PAY CASH WHEN DOWNSIZING YOUR HOME?<br /> FROM BALTIMORE-WASHINGTON FINANCIAL ADVISORS</span></strong></span></p> <p style="text-align: center;"><strong><a style="background-color: #ce181e; color: #ffffff; font-weight: bold; text-decoration: none; padding: 14px 28px; display: inline-block; border-radius: 30px;" href="https://youtu.be/Md9yAJwdZJQ" target="_blank" rel="noopener">WATCH ON YOUTUBE</a></strong></p> <table style="border-collapse: collapse; width: 100%;"> <tbody> <tr> <td style="width: 33.5015%;"> <p style="text-align: center;"><strong>Sandy Hornor &#124; CEPS</strong><br /> Managing Director, Wealth Management &#38; Executive Manager</p> <p><img loading="lazy" decoding="async" class="aligncenter wp-image-9561" src="https://bwfa.com/wp-content/uploads/2021/01/SandyHornor_Bio_Podcast-300x300.jpg" alt="" width="197" height="197" srcset="https://bwfa.com/wp-content/uploads/2021/01/SandyHornor_Bio_Podcast-300x300.jpg 300w, https://bwfa.com/wp-content/uploads/2021/01/SandyHornor_Bio_Podcast-1024x1024.jpg 1024w, https://bwfa.com/wp-content/uploads/2021/01/SandyHornor_Bio_Podcast-150x150.jpg 150w, https://bwfa.com/wp-content/uploads/2021/01/SandyHornor_Bio_Podcast-768x768.jpg 768w, https://bwfa.com/wp-content/uploads/2021/01/SandyHornor_Bio_Podcast-1536x1536.jpg 1536w, https://bwfa.com/wp-content/uploads/2021/01/SandyHornor_Bio_Podcast.jpg 2000w" sizes="(max-width: 197px) 100vw, 197px" /></td> <td style="width: 32.0288%;"> <p style="text-align: center;"><b>Jonathan Wald</b><br /> Vice President, Branch Manager<br /> Main Street Home Loans</p> <p><img loading="lazy" decoding="async" class="aligncenter wp-image-18970" src="https://bwfa.com/wp-content/uploads/2026/04/JonWald_Bio_Podcast_Large.png" alt="" width="197" height="197" srcset="https://bwfa.com/wp-content/uploads/2026/04/JonWald_Bio_Podcast_Large.png 1875w, https://bwfa.com/wp-content/uploads/2026/04/JonWald_Bio_Podcast_Large-300x300.png 300w, https://bwfa.com/wp-content/uploads/2026/04/JonWald_Bio_Podcast_Large-1024x1024.png 1024w, https://bwfa.com/wp-content/uploads/2026/04/JonWald_Bio_Podcast_Large-150x150.png 150w, https://bwfa.com/wp-content/uploads/2026/04/JonWald_Bio_Podcast_Large-768x768.png 768w, https://bwfa.com/wp-content/uploads/2026/04/JonWald_Bio_Podcast_Large-1536x1536.png 1536w, https://bwfa.com/wp-content/uploads/2026/04/JonWald_Bio_Podcast_Large-600x600.png 600w, https://bwfa.com/wp-content/uploads/2026/04/JonWald_Bio_Podcast_Large-160x160.png 160w, https://bwfa.com/wp-content/uploads/2026/04/JonWald_Bio_Podcast_Large-400x400.png 400w" sizes="(max-width: 197px) 100vw, 197px" /></td> <td style="width: 34.4696%;"> <p style="text-align: center;"><strong>Tessa Hall</strong><br /> Media and Communications<br /> Specialist, BWFA</p> <p><img loading="lazy" decoding="async" class="wp-image-18568 aligncenter" src="https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-300x300.png" alt="" width="200" height="200" srcset="https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-300x300.png 300w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-1024x1024.png 1024w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-150x150.png 150w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-768x768.png 768w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-1536x1536.png 1536w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-600x600.png 600w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-160x160.png 160w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large-400x400.png 400w, https://bwfa.com/wp-content/uploads/2025/12/TessaHall_Bio_Podcast_Large.png 1875w" sizes="(max-width: 200px) 100vw, 200px" /></td> </tr> </tbody> </table> <p style="color: #ce181e; text-align: left;"><span style="font-size: 18px;"><strong><span style="color: #004f6e;">About This Episode</span></strong></span></p> <p data-start="394" data-end="704">Tessa speaks with BWFA’s Sandy and mortgage expert Jon Wald about downsizing strategies, mortgage decisions, and how to approach buying and selling a home in today’s market. They discuss why many homeowners default to paying off a home in full, and why that may not always align with long-term financial goals.</p> <p data-start="706" data-end="1061">The conversation also explores real-world scenarios, including how equity can be used more strategically, why focusing on monthly payments matters more than the interest rate alone, and how decisions about housing can impact retirement outcomes. To better understand how these decisions fit into your broader financial plan, visit our <strong><a href="https://bwfa.com/retirement-services/">Financial Planning</a> </strong>page.</p> <details class="bwfa-collapsible"> <summary><strong>Read Full Description</strong></summary> <p>Downsizing a home is often seen as a simple financial decision. However, the strategy behind it can be more complex.</p> <p>In this episode of Healthy, Wealthy &#38; Wise, Tessa speaks with BWFA’s Sandy and mortgage expert Jon Wald about downsizing strategies and how to approach buying and selling a home in today’s market. While many homeowners assume they should use all available cash to purchase their next home, that approach may not always support long-term financial goals.</p> <p>For example, using home equity to purchase a new property outright can limit investment opportunities. Instead, maintaining a manageable mortgage while keeping assets invested may provide more flexibility over time. As a result, the conversation focuses on balancing liquidity, risk, and long-term growth.</p> <p>In addition, the episode highlights why interest rates are not the only factor to consider. Many buyers focus heavily on securing the lowest possible rate. However, monthly payment and overall financial strategy often matter more.</p> <p>The discussion also explores current market conditions. While higher rates have slowed some activity, they have also reduced competition. As a result, buyers may have more negotiating power and greater flexibility when making offers.</p> <p>Another key takeaway is the importance of coordination. Decisions around buying, selling, and financing a home should align with a broader financial plan. Without that alignment, even well-intentioned decisions can create unintended consequences.</p> <p>Ultimately, downsizing is not just about reducing space. It is about making informed financial decisions that support both current lifestyle and future goals.</p> </details>