Congrats!! One of the happiest days of my life was the day I moved in to
my own house. Its a tax deduction and gets more valuable with time. I can remember thinking "How am I gonna make these payments?!?!" now you can't even rent a decent place for the amount I'm paying
. Interest rates are great right now and you will be soo happy to have that great rate when they go back up.
My suggestions to you.. 1. Get yourself a home 'fix-it yourself' book, it will save you
a ton of money. 2. Add a few bucks to the principle on the first payment, if you can, it will save you thousands on the end of the loan(even $1) if you go the whole term. 3. Put some 'emergency' money aside.. you will need it at some point. I suggest $500-1000(I had to save up my 'emergency' $ after I bought the house, but was glad I did).
The house inspector that the others guys mentioned is a real good idea, just make sure he understands that its for the buyer and not the seller (believe it or not, this
does make a difference).
Again, congrats!!