Buying a new home before existing home sellsMy current house is paid for. I'm downsizing to a smaller house at a lower value that my existing house. The lender is suspicious that I'm buying the new house as an investment property. I recently retired. As an older person, I can't be the only person who wants to downsize. They want an explanation. Is this normal?March 18 - Rio Rancho0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.