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Flooring & Life Insurance

January 3rd, 2012 at 05:54 pm

I'm still in the processing portion of changing my life insurance. Thursday morning they come to my home for a simple medical exam. I fainted the last time I did one of these. I will definitely lay down this time!! I have to fast for 4-6 hours prior to the 9:30 am appointment. I think I can do that, especially since they want me to drink plenty of water.

We went looking for vinyl flooring yesterday. Our kitchen, two upstairs bathrooms, two entry ways and a laundry bathroom combination all have vinyl floors. They are three different patterns/colors of vinyl on the main level alone. The bathroom floors have stains and the laundry room has some major chips/dings in the vinyl (which I believe the previous owners caused when they moved their washer upon moving out).

We are interested in replacing all of it to match and create a bit of an upgrade and selling point for the house. Right now, using our basic measuring and math skills we are looking at $785. We expect the estimate to go up especially since three toilets will need to come out and then be replaced. We are willing to do a little work to prep ahead of time to save costs if needed.

We did get quotes on carpet, but feel that is more than we want to spend right out of the gate. Our carpet is light in color, but with carpet cleaning it seems to come back to life pretty nice. We will clean and put down plastic in high traffic areas at the time of listing.

Right now we are definitely leaning towards selling rather than renting, thus the new get ready to sell expenses. We can't be landlords from miles away and paying someone to do it isn't appealing either.

3 Responses to “Flooring & Life Insurance”

  1. Bob B. Says:
    1325620586

    Not sure how many miles away you're talking about, but we are landlords from about 130 miles away. I'm guessing that you're talking about considerably more distance. I'm also not sure what the real estate market is like where you are, but where I am, it stinks.

    One option may be to put the house up for sale, and wait as long as you are comfortable (or able to), then work with your Realtor to rent the house out. Our Realtor charged us 10% of the rental fee. They advertized the house as "for rent" and showed the house to potential renters. We took care of negotiating the price, and take care of repairs, and everything else. As far as bringing us togehter, the Realtor was very helpful.

    Maybe the house will sell right away, but if it gets to be 6 or 18 months, you may want to consider.

  2. creditcardfree Says:
    1325621295

    Thanks for the advice, Bob. Since we are military we actually don't know yet where we are going next. But it will be this spring/summer.

    We will put up for sale and evaluate as we go. Right now there are only 11 homes for sale that would be similar in value to ours; most houses are more expensive in our area. I think we are in a good price range and definitely in an awesome school district.

  3. PNW Mom Says:
    1325624893

    I think it's a good idea not to do the carpet at this time...you never know....replace it and then someone comes in and decides they want hardwoods! There goes your money. The places we have carpet in our house are all light colored also....we don't wear shoes in the house and have the carpets cleaned once a year (last year we invested in our own carpet cleaner). We have been in our house 14 1/2 years with the original carpet and it still looks really good!

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