Buying a home comes with a few decisions that quietly cost buyers thousands of dollars, and most of them never get explained until it's almost too late.

In this episode I sit down with Vincent Newsome from National Mortgage Funding to answer the four questions I get asked most: financing a home on the water, rate buydowns versus ARMs, using gift funds for a down payment, and the financing quirks that come with condos and detached condos.00:00 Intro00:57 Financing a Home On or Near the Water02:39 Rate Buydowns vs ARMs Explained04:38 The Right Way to Use Gift Funds06:09 Condo and Detached Condo Financing Quirks08:01 How to Reach Vincent Newsome08:19 Final ThoughtsDownload my free Home Buyer's Guide to get the full picture before you write an offer: https://leslieemartin.com/download-the-home-buyers-guide/Curious what your home is worth? Get a free valuation here: https://leslieemartin.com/metro-detroit-home-worth/I'm Leslie E. Martin, a Realtor serving Metro Detroit's Southern Wayne County water communities including Gibraltar, Grosse Ile, Flat Rock, Trenton, Rockwood, and Woodhaven. I help buyers and sellers navigate everything from first offers to closing day, with the right people in their corner every step of the way.Website: https://www.leslieemartin.comInstagram: https://www.instagram.com/leslieemartindtwFacebook: https://www.facebook.com/LeslieEMartinRealtorEmail: leslie@leslieemartin.comPhone: (734) 846-8358Vincent Newsome, National Mortgage FundingPhone: (248) 388-5528Email: VincentNewsome@nmfunding.com#MetroDetroitRealtor #WaterfrontHomes #MortgageTips #HomeBuyingTips #LeslieEMartin