Financing home improvements

Would you finance (via home equity loan) renovation costs for your home if you had the $ to spend on it? I’m trying to understand why many people finance their home improvements. Is it b/c they don’t have the cash handy or is it b/c the assumption is that your $ is better used invested in another vehicle.

Any thoughts would be appreciated.

By guest | 10/01/2007 9:21 PM