Finance
Washington's 'first-time homebuyer' definition for most state programs means the buyer has NOT:
AOwned any type of property in the last 10 years
BOwned a principal residence in the past 3 years✓ Correct
CPreviously applied for a mortgage
DLived in Washington for more than 5 years
Explanation
Most Washington first-time homebuyer programs define a 'first-time buyer' as someone who has not owned a principal residence in the past 3 years. This allows prior owners who have not owned recently to qualify for these programs.
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