Help! Analyzing my Financial Postion

[Brittany Villamil]

Hello!

Looking to buy my first home! (buy and hold) I would like to give some (alot) details about my situation and ask some "what would you do" or "what do you think" questions. 

I just married in May 2014. 

My husband is a full time Petroleum Engineering Intern at UH and started a full time position at an engineering firm the day after our honeymoon.  Before that he worked full time at an oilfield equipment company for several years. He makes $22/hour. His checks every month equal anywhere from $2500-3300 after taxes and health insurance. 

I am a private school teacher. After taxes, I make $1800 a month. I started in 2012- 2013 took a year off to help family and then went back this school year 2014-2015 (I have a feeling that year off will hurt me when we apply for a loan) 

We got married and both bought our cars cash from the local car auction (we have dealership connections) so we have no auto purchase credit

We live in an apartment.

We have excellent credit...I have a 776 score and his is I think, 750 or a couple points higher.

The only debt we have is about $4800 I am paying off from school loans. 

We have almost 22k in savings. We have been able to save this much starting the month we got married, May 2014. We are able to save quite a large sum every month with our jobs, my photography, and I was also "flipping cars" earlier on. 

I feel like we are in a good position to start investing. We don't own a house. We have no automobile purchase on our credit. I just feel hesitant, maybe we don't have a long enough time and a long enough "record." What do you think about our situation? Are we ready...should we just dive in?! We have been reading a lot and seeking advice. Any comments would be appreciated! Looking for a little guidance.  What should be our next step? Thanks for the wisdom!