• Kayla Alexandria

Millennial and Homeowner: A few things I learned during BUILDING and BUYING process!

Hey guys! If you are a regular follower of MNM, you may find that this is a bit of a change in gears for me. My husband and I have recently embarked on a new phase in our life and I am so full inspiration and excitement, I decided that I must share it! My hope is that this edition of MNM will become one that I tap into from time to time and offer my insight to the life of a millennial homeowner! 

Let's start with the buying/building process all together! 

One of the greatest joys of the home buying process for us, was that we were blessed to have our home custom built just for us. I believe this gave us a unique experience as first time homebuyers and educated us on the process in a special way. 

One of the biggest things we learned was the importance of a support system. Tim and I were super blessed to have very active parents as guidance. All of our parents are homeowners so we knew it would be wise to include them in the process. They were able to point out things along the way that Tim and I would have never notice. We avoided making certain mistakes because of their knowledge and I would encourage others to do the same! 

In addition to getting some much needed advice from experienced homeowners, it is important to do your own research and never be afraid to ask questions. Because we had our home custom built, we had endless questions! From the beginning of construction to the moment we went to closing, we asked questioned. Questions about questions! If there is anything you don't understand, ASK! And be sure you actually understand the answers you receive. We made sure to have a good rapport with the seller, the builder, the lender, and the closer. They knew our names and knew we meant business. This is YOUR home that no one but you and your family have to live in. Let no one forget that. 

The home buying/building process can be long. For us, construction to settlement took 9 months, but every experience is totally different. No matter what, be patient and know that things may get delayed. They almost always do. If necessary, have a little bit of extra money set aside, for possible living arrangements should things not go quite according to your plan. Don't get frustrated or overly anxious. Your first home is always exciting but don't be discouraged when setbacks happen. 

Many would say my last point should be my first, but I believe in having your mind right before anything else. I'm sure you can figure out that I'm talking figures - your budget. My mother always says we should live below our means. At 24 years old, I have taken that advice with me and always apply it when making any kind of major purchase. This is especially true when buying a home. My husband and I wanted to be able to have the benefits of home ownership and still live the comfortable life we were used to. Give yourself some wiggle room and be sure that your realtor or seller knows that you have no intention of going over your budget. This process takes discipline and maturity. Taking on a mortgage is a serious commitment. Make sure you have the means to live in your home comfortably. There's nothing worse than being house broke! 

Have other questions or want to share your experience? Leave a comment or send me a message!

Keiko HarveyI am very happy , proud & inspired by you Sis!!! Stay blessed � Like · Reply · 2y

Jessie FoxGreat job! Keep up the great work family! You are an inspiration to me! Like · Reply · 2y

Bernard WilliamsWay to go Kayla and Tim...Thank you for this well needed and very detailed information on the home building/buying process Like · Reply · 2y

Byron WilliamsThis wise information.. Congrats on your new home. Like · Reply · 2y

LaQuitta MoultrieCongratulations, Tim & Kayla. So very proud of the two of you! Like · Reply · 2y

Willie PartridgeCongrats you guys, and an excellent and informative article!!! Like · Reply · 2y

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