Lurker - Need Advice

[pixiedevil]

We've been at our house for 5 years. We've no intention to move and it's big enough for several kids; frankly, it's our forever home. Last summer we had a tree fall on our house so we were able to do some updating with insurance money. And I think I got bit by the bug...

I'm planning on staining cabinets and wood trim from orangy honey oak to a darker color, probably a mahogany. I also have a few things that need to be fixed: reseal tub, patch some sheet rock, redo tub surround in master bath. This stuff I want to do. The big thing that I want done and don't want to do is update my flooring. I want the old vinyl out of my kitchen and master bath and I want the carpet out of my master br and guest br. We had fantastic help from Carpet King with the living room carpet and dining room tile and really inexpensive for the amount of room. They also have financing available. I want the tile they put in the dining room extended to the kitchen and the tile in the bathroom and bedrooms, just in a different color.

Sooo, the big question is, would you replace the flooring since the trim has to come off anyway and just finance the flooring?

Thoughts, comments and questions are more than welcome.

[kaylie]

It's really hard to weigh in on this without knowing your financial situation and what the financing details are. Is it 0% for a set amount of time and can you pay it off within that time? I think that's the only way I would finance something like that.

[pixiedevil]

Financially, we're comfortable. But I would have to check on the % rate. I have to check if the 0% is new card or new installation.

I'm trying to figure out if it would be smarter to do it now, even with the financing, since all the trim will be off (they took it off last time to do installation).

Decisions, decisions...

[FoxInFiji]

Yeah I wouldn't finance something like that. Would you be able to save up the funds to do it relatively soon? If so I'd just have them leave the trim off (labeled) and just redo the floors as you have the funds. Otherwise wait and do it later. It's not the end of the world to take off trim and put it back up you just have to be careful with labeling where it goes.

[kaylie]

Mar 14, 2013 10:08:47 GMT -5 FoxInFiji said:

Yeah I wouldn't finance something like that. Would you be able to save up the funds to do it relatively soon? If so I'd just have them leave the trim off (labeled) and just redo the floors as you have the funds. Otherwise wait and do it later. It's not the end of the world to take off trim and put it back up you just have to be careful with labeling where it goes.

I agree with this. Trim isn't hard enough to merit paying interest on flooring.

[pixiedevil]

Yep you are both right. I really don't want to spend more in the future. As much as I would like new flooring right now, everything is in good condition. And depending on how long it takes me to stain everything, if I start saving now, I might be able to do the floor later this year and the trim might still be off...

Thank you!