Before we go any further, lets take a deep breath and:

1) First and foremost, slow down! Don't rush in to a purchase.
2) Think about the actions you take and decisions you make because you will have to live with the repercussions.
3) Check out everything- remember that buying a house is an "as is" purchase. What you see is what you get and there is usually no turning back.
4) Take advantage of independent entities: retain the service of an attorney, a home inspector, and a realtor who are unrelated. This way, you get independent assessments of the property.
5) Do everything you can to be sure that your home is structurally and functionally sound. It bears repeating: THERE IS NO TURNING BACK!

Before you sign a contract or purchase agreement, be sure that there is an inspection clause in the contract that makes your purchase obligation contingent upon the findings of a professional home inspection. This clause should specify the terms to which both the buyer and seller are obligated. Most purchase agreements allow 7-10 days for the inspection process to be completed. It is therefore important that you make an appointment as soon as possible.