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@patriarch28 Okay. Let’s say you are going to buy your first house for 100k. Most loans require 5% down which is 5K. The new policy will give first time home buyer’s up to 15% tax credit (15k) up front and it a none payback credit. You don’t have to pay it Even if you qualify for 1/2 of the...

@patriarch28 Once Biden takes office he will pass the tax credit. So keep eye out on Biden policy. Maybe announced this week. If it is, just contact real estate agent they will walk you through ( I hope) thru it.

@patriarch28 If you are first time home buyer this is a very rare opportunity to buy a home so you may look into buying home. Interesting in home ownership is huge. I did take the 2009 tax credit. I am now on my second house. If you investor buy Zillow.

@psychewriter Sorry you are right. Was high AF. I did take that 8K in 2009-2010. So did 3 of my best friends

Correct me if I am wrong - Biden has talked about up to 15% first time home buyer credit. In 2009, it was a set 8K. I think the 15% will create home demand. Here is where it gets interesting . This time credit can be used when you purchase the house. So two things - if someone you know is...