Biden First Time Homebuyer Act
The Biden first-time homebuyer act seeks to alleviate the cost of home buying by first-timers through offering tax credits. It first came to life as a campaign promise by the current United States president, Joe Biden; thus the name.
It’s currently a bill awaiting ratification by Congress, and hopefully, it’s going to stand. But while it’s still pending approval, the fuss around it can make it not very clear to understand. This article provides insight into the Biden first-time home buyer act and what it entails.
