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.
The average age of a first-time buyer has risen to 31, according to Moneyâs exclusive research. Indeed, the majority only get onto the ladder after receiving help from their families. Many of their parents bought their first homes while in their twenties using 100% mortgages.