E.J. Bugayong

Are you looking for a new home in Vancouver or wanting to sell one? Many people are having a problem with real estate investments, are you one of them? Or are you having a problem finding the right investors for your property? Worry no more.

My name is E.J. Bugayong, and I am committed to helping people achieve their goals through buying and selling real estate. With numerous years of experience in the real estate industry, I have the expertise to make your next real estate venture both positive and profitable. I specialize in people NOT areas, and this unique philosophy lets my clients achieve a wide variety of personal housing goals within their selling and buying pursuit.

As a real estate agent, I know that buying and selling real estate is more than just a “business deal” for my clients. It’s a life-changing affair that takes top priority. Providing exceptional service with a friendly approach assures my clients that their move is my top priority as well.
E.J. Bugayong

General Questions

Talking with your bank about looking for a new home to buy is a great first step. Talking with your bank before looking for a home gives you a good idea exactly how much you can afford.

This question depends on your personal situation, there are many pro’s and con’s to buying a home before you sell yours. The biggest benefit to buying a home before selling your current home is the fact that you have a suitable property lined up.

Prices of a home depend on the overall housing market and is difficult to make a perfect prediction of when would be the cheapest. The best way to get a good price is to look at the numbers of days the house has been on market. It lets you negotiating better. If the home was recently listed, the seller will have had less time to test the market and gauge buyers’ response to the price, and will be less likely to negotiate

Typically, closing cost range from 1.5 to 4% of the homes purchase price. This does include legal and administrative fees. You should expect to pay for your home inspection, mortgage default insurance if you down payment is less than 20 per cent of the purchase price, the Land Transfer Taxes, lawyer fees, appraisal fee and property taxes, among other things. 

The new mortgage rules require that all mortgage applicants qualify at a rate that’s two per cent higher than your contracted rate or the Bank of Canada’s five-year benchmark rate. This is to ensure that borrowers will be able to make their mortgage payments should interest rates increase.