The system is simple and, thus far, largely unavoidable. When a user attempts to make a post, Craigslist asks for verification with a viable phone number. It then automatically calls the number and issues a verification code which must be re-entered for the post to go live.
For the purposes of the IRA distributions, a first-time home buyer is anyone who hasn't owned a present interest in a main home for the previous two years. For example, if your parents have promised to leave you their home in their will, that isn't a present interest in the home, so you still qualify.
First-Time Home Buyer. DEFINITION of 'First-Time Home Buyer'. An individual who is purchasing a principal residence for the first time. First-time home buyers are more commonly recognized according to several criteria with regards to an individual retirement account (IRA).