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I see a lot of people looking for info on first time home buyers, so maybe it would be a good idea to keep one large running thread. I am a first timer in the middle of the process, so I can't shed too much light, but there is an incredible amount of knowledge on this site for people like me.
Step 1) Obtain a pre-approval for a mortage to give yourself an estimate for how much you can be prepared to spend.
Step 2) Start looking at properties
Step 3) Put an offer on something you like...
That's where I am at right now, feel free to update/edit