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How to Buy a Home: The #1 First Time Home Buyer Podcast

42 - What's Up With Biden's $15,000 Credit For First-Time Home Buyers? Question Of The Week

How to Buy a Home: The #1 First Time Home Buyer Podcast

David Sidoni

Business News, News, How To, Business, Education, Investing

4.8891 Ratings

🗓️ 18 February 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

Aside from bringing the pandemic response to the next level, President Joe Biden is also on a mission to make housing more affordable to the public. With that in mind, Biden's $15,000 credit for first-time home buyers is now being readied to roll out. This week's Question of the Week answered by David Sidoni, the How to Buy a Home guy, is what is the deal with this credit? Who is eligible? How does it work? When will it become a law? And what do you have to do to get your money? Furthermore, David explains why this proposed credit may conflict with the administration's democratic ideals and how it may impact the future's housing demands.



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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.


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Transcript

Click on a timestamp to play from that location

0:00.0

The potential Biden $15,000 tax credit for first-time homebuyers.

0:06.1

I know.

0:06.5

Sounds good, huh?

0:07.4

Sign me up.

0:08.7

But is it really going to happen?

0:10.5

And how does it work?

0:11.8

Let's talk about it.

0:12.9

Okay. What is up? Well, it's 2.20 in the morning, and it's a crazy market out there. I took out four buyers this weekend, wrote four offers,

0:39.5

and I've been working my face off all week long trying to help these folks.

0:43.6

But hey, happy Friday to you.

0:45.7

So glad you joined me today.

0:47.2

I'm David Sidoni, the How to Buy a Home Guy,

0:49.2

and this is the How to Buy a Home podcast coming to your ear holes since 2019.

0:56.6

It's been a crazy week, but I made a promise to all you guys.

1:00.7

I said I was going to do a question of the week every Friday.

1:04.1

So that means, yeah, I had to put a whole bunch of deals together this week, but I'm here

1:08.6

right now with you at 221 in the morning. Oh, my God.

1:14.6

This is the new weekly episode, and it's written by you. Yeah, clueless you. I know you're here

1:21.9

because you're trying to figure out how to buy a home when you're wondering, why am I right in the podcast?

1:26.5

Well, because you reached out

1:28.2

for information and I will humbly oblige. If you're new to the podcast, smash that

1:33.7

subscribe button right now and you can hear all these questions answered every week for free.

...

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