Spokane Home Gurus
In 2018, Todd Sullivan and Christine Mundel created the Todd Sullivan Team, now the Spokane Home Gurus, with a goal of combining their strengths to make real estate easy for their clients. That year, they were awarded #1 for production by Keller Williams. With more than 20 years collective experience in real estate, Todd and Chris know how to get the job done! In Spokane’s competitive market, you need someone with the experience and expertise to help you get your home sold for the best deal.
Behind the scenes, Todd and Chris have a team of associates assisting with marketing, transaction coordination, and more. Todd and Chris also have buyer’s agents on their team who answer phones 7 days a week and are available to show properties any day of the week.
We Make Real Estate Easy!
How We Make it Easy
Are you thinking of buying a home? We make buying real estate easy. With more than 20 years of collective experience in real estate, we know how to get the job done! One way we make selling homes easy, is our automated home search. We can set you up on a search with your criteria and you’ll be the first to know about homes that meet your desires. You can use our website to find tons of info and photos of homes in the Inland Northwest. We also have great resources on our website for buyers. Whether you’re purchasing a home for the first time or investing in real estate for the hundredth time, we know how to help. The following information, will help you learn about the process of buying a home. We are here to make buying your home easy.
Why Choose Us?
Steps to buying A Home
The Lending Process
- A 5 minute call to get started
- 30 days of consecutive pay stubs
- Last 2 years of W-2’s
- 2 Months of recent bank statements
- 30 minutes to complete the application
Looking for a Lender?
Need a lender to help make buying a home possible? We partner with Ken Mundel of Caliber Home Loans to provide the best home-buying experience possible. Ken is a highly experienced lender dedicated to providing superior service and personal expert guidance throughout the home financing process.
10 Commandments of Real Estate Loans
Getting a loan can be a smooth and simple process, but it is important to keep the following in mind.
1. Thou shall not change jobs, become self-employed, or quit your job.
2. Thou shall not buy, or refinance, a car, truck or van.
3. Thou shall not use credit cards excessively, consolidate debt, or let your accounts fall behind.
4. Thou shall not spend money you have set aside for closing.
5. Thou shall not omit debts or liabilities from your loan application.
6. Thou shall not make a large purchase like furniture.
7. Thou shall not originate any inquiries into your credit.
8. Thou shall not make/cash large deposits without first checking with your loan officer.
9. Thou shall not change bank accounts.
10. Thou shall not co-sign for a loan for anyone.
Things To Know
What Costs are involved?
Earnest Money is a deposit you put down towards a home when you make an offer. This money is showing good faith to the sellers that you will perform due diligence in buying the home. Earnest money (usually in the form of a check) is collected by your buyer’s agent at the time you write the offer on the house.
Earnest money amounts can vary, depending on the purchase price of the home, and what is acceptable to the sellers. Discuss with your buyer’s agent the appropriate amount of earnest money to offer.
Once the offer is mutually accepted, the earnest money is deposited into a trust account held by the closing company. Your earnest money will stay in that trust account until the deal is closed. When the house is closing, your earnest money will be utilized towards any closing costs or down payment associated with your loan.
Earnest money is basically a way to show the seller that you are serious about buying the home, and you will go through with the purchase of the home. There are contingencies that can protect your earnest money such as Financing Contingency and Inspection Contingency.
These are costs associated with acquiring your home loan. These costs can vary depending upon purchase price. Offers can be written to get sellers to pay the closing costs, minimizing the amount of cash you need to bring in at closing. Some of the closing costs associated with a loan are
- Loan Origination
- Prepaid Property Tax
- Prepaid Home Insurance
- Title Insurance
- Recording Fees
- Underwriting Fees
- Credit Report
What is a home Inspection?
Why have an inspection?
As a prospective home buyer, you are sophisticated in identifying problem areas. Most of us are not knowledgeable in identifying potential problem areas. You are in the process of making a very large investment, maybe the largest investment you’ll ever make. For just a small investment now you may save substantial money for the future. Can you afford not to have a professional home inspector inspect the premises for the integrity of the internal and external components of the dwelling?
What an Inspector looks for
Structural Integrity: Home inspectors are not structural engineers, but they can identify visual defects in these areas requiring immediate repair.
Electrical: Do all the outlets work? Does the house use fuses or is there a breaker box? Are there any visual signs in fraying in the wiring?
Plumbing: Are there any leaks or annoying drips? Are all the mechanical systems and fixtures working properly?
Appliances: Are they functioning properly?
Safety Hazards: Home inspectors are not environmental specialists, but they can identify many safety hazards or dangerous conditions.
Miscellaneous: Items such as radon, septic systems, roofs, drainage problems, wood decks, patios, or other exterior structures may or may not be included in standard home inspection. Be sure and verify which, if any, of these items are included in your home inspection or may be an additional fee.
Todd and Chris, and their team have closed well over 2000 properties, collectively, in Spokane over the past 14 years. For the past 5 years, the Team has been recognized as #1 in production for the Keller Williams Spokane office (with over 300 agents). We have the experience and success to get your property sold!
[Robin, with the Todd Sullivan Team is a] great realtor! She listened to what we wanted and found the perfect home for us. Always friendly and helped us get a great loan officer too. She even dealt with a grumpy by owner property owner.
– Bought Single Family Home in Spokane Valley
Kortney, [of the Todd Sullivan Team] went above and beyond in every aspect of our home buying process! Moving from one side of the state to the other made it very difficult to view all the homes in person. With Kortneys help she was able to to do video walkthroughs with us, which made things so much easier and gave us a much better perspective of the homes. If you are looking for the best, she is the one.
– Bought Single Family home in Newman Lake
We contacted Jennifer [with the Todd Sullivan Team] several months prior to relocating to Spokane and she did a wonderful job of finding the perfect home for us. Throughout the entire process from searching to closing she was always right there to handle every detail. Professional, responsive and knowledgeable in every respect, we were very pleased with her exceptional level of client support.
– Bought Single Family home in Manito/Cannon Hill Area