![\"\"](\"https:\/\/www.myfinancialfocus.net\/mainsite\/wp-content\/uploads\/2010\/04\/photo_101808_047-300x225.jpg\" "\\"photo_101808_047\\"")
<\/a><\/p>\nHowever, over these last few days the question has been more in time with the expiration of the $8000 tax credit that expires at the end of this week. \u00a0 Should you buy or not.<\/p>\n
The simple answer is this – can you afford to buy? \u00a0If you are not in a position to buy then the answer is no. \u00a0If your finances allow you to buy, and you are working according to your plan, then take advantage of the tax credit and buy a house.<\/p>\n
Most people think they are missing out on something if they do not get this “huge” credit. \u00a0While the tax credit is nice, what will that credit do if you wind up unable to pay the mortgage. \u00a0What will the $8000 do when the “joys” of being a homeowner actually kick in and you have already spent the $8000? \u00a0By the way, to those of you who have never owned a house, the “joys” are things that break down that we are typically financially unprepared to handle.<\/p>\n
For me, as a coach, I have not and will not encourage someone to buy a house to get any tax break unless they are ready to take on the challenges that home ownership provides and are financially set to manage a mortgage.<\/p>\n
What about you – buy or pass?<\/p>\n","protected":false},"excerpt":{"rendered":"
Over the last few days, I have had \u00a0several people ask me if they should buy a house now. \u00a0My answer is that they should if they have the cash to buy now. \u00a0Houses and property are on sale and purchasing now will prepare you for the future. \u00a0This preparation will only be successful if […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,9,12],"tags":[],"class_list":["post-189","post","type-post","status-publish","format-standard","hentry","category-coaching","category-saving-money","category-taxes"],"yoast_head":"\n
Should You Buy Now Or Miss Out - Financial Focus<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.myfinancialfocus.net\/mainsite\/index.php\/should-you-buy-now-or-miss-out\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Should You Buy Now Or Miss Out - Financial Focus\" \/>\n<meta property=\"og:description\" content=\"Over the last few days, I have had \u00a0several people ask me if they should buy a house now. \u00a0My answer is that they should if they have the cash to buy now. \u00a0Houses and property are on sale and purchasing now will prepare you for the future. \u00a0This preparation will only be successful if […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.myfinancialfocus.net\/mainsite\/index.php\/should-you-buy-now-or-miss-out\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Focus\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/financialfocus\" \/>\n<meta property=\"article:published_time\" content=\"2010-04-27T09:25:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-24T10:39:15+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.myfinancialfocus.net\/mainsite\/wp-content\/uploads\/2010\/04\/photo_101808_047-300x225.jpg\" \/>\n<meta name=\"author\" content=\"Parkey Thompson\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Parkey Thompson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.myfinancialfocus.net\\\/mainsite\\\/index.php\\\/should-you-buy-now-or-miss-out\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.myfinancialfocus.net\\\/mainsite\\\/index.php\\\/should-you-buy-now-or-miss-out\\\/\"},\"author\":{\"name\":\"Parkey Thompson\",\"@id\":\"https:\\\/\\\/www.myfinancialfocus.net\\\/mainsite\\\/#\\\/schema\\\/person\\\/5dc1a9b7d2ae31d9322fcfdace3c93e4\"},\"headline\":\"Should You Buy Now Or Miss Out\",\"datePublished\":\"2010-04-27T09:25:15+00:00\",\"dateModified\":\"2025-08-24T10:39:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.myfinancialfocus.net\\\/mainsite\\\/index.php\\\/should-you-buy-now-or-miss-out\\\/\"},\"wordCount\":291,\"publisher\":{\"@id\":\"https:\\\/\\\/www.myfinancialfocus.net\\\/mainsite\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.myfinancialfocus.net\\\/mainsite\\\/index.php\\\/should-you-buy-now-or-miss-out\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.myfinancialfocus.net\\\/mainsite\\\/wp-content\\\/uploads\\\/2010\\\/04\\\/photo_101808_047-300x225.jpg\",\"articleSection\":[\"Coaching\",\"Saving Money\",\"Taxes\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.myfinancialfocus.net\\\/mainsite\\\/index.php\\\/should-you-buy-now-or-miss-out\\\/\",\"url\":\"https:\\\/\\\/www.myfinancialfocus.net\\\/mainsite\\\/index.php\\\/should-you-buy-now-or-miss-out\\\/\",\"name\":\"Should You Buy Now Or Miss Out - 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<\/a><\/p>\n