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 State of Maryland provides a credit to first-time home buyers at the time of purchase by exempting them from paying the buyerâs portion of the State transfer tax, which is .25% of the sales price. The State transfer tax is .5% total, typically split 50-50 between the buyer and seller. The State of Maryland waives the buyer portion of .25% for first-time Maryland home buyers. A Maryland first-time home buyer is defined as someone who has NEVER owned a home in the State of Maryland.