March 23, 2017, 4:07 pm
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1 Philippine Peso = 0.0734 UAE Dirham
1 Philippine Peso = 2.50949 Albanian Lek
1 Philippine Peso = 0.03558 Neth Antilles Guilder
1 Philippine Peso = 0.31359 Argentine Peso
1 Philippine Peso = 0.02586 Australian Dollar
1 Philippine Peso = 0.03578 Aruba Florin
1 Philippine Peso = 0.03998 Barbados Dollar
1 Philippine Peso = 1.60144 Bangladesh Taka
1 Philippine Peso = 0.03636 Bulgarian Lev
1 Philippine Peso = 0.00753 Bahraini Dinar
1 Philippine Peso = 33.81791 Burundi Franc
1 Philippine Peso = 0.01999 Bermuda Dollar
1 Philippine Peso = 0.02791 Brunei Dollar
1 Philippine Peso = 0.13752 Bolivian Boliviano
1 Philippine Peso = 0.06154 Brazilian Real
1 Philippine Peso = 0.01999 Bahamian Dollar
1 Philippine Peso = 1.30971 Bhutan Ngultrum
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1 Philippine Peso = 400.15991 Belarus Ruble
1 Philippine Peso = 0.03993 Belize Dollar
1 Philippine Peso = 0.0267 Canadian Dollar
1 Philippine Peso = 0.01991 Swiss Franc
1 Philippine Peso = 13.21387 Chilean Peso
1 Philippine Peso = 0.13802 Chinese Yuan
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1 Philippine Peso = 0.01999 Cuban Peso
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1 Philippine Peso = 0.50217 Czech Koruna
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1 Philippine Peso = 0.13817 Danish Krone
1 Philippine Peso = 0.94183 Dominican Peso
1 Philippine Peso = 2.18305 Algerian Dinar
1 Philippine Peso = 0.29073 Estonian Kroon
1 Philippine Peso = 0.36178 Egyptian Pound
1 Philippine Peso = 0.44773 Ethiopian Birr
1 Philippine Peso = 0.01858 Euro
1 Philippine Peso = 0.04143 Fiji Dollar
1 Philippine Peso = 0.01613 Falkland Islands Pound
1 Philippine Peso = 0.01615 British Pound
1 Philippine Peso = 0.08972 Ghanaian Cedi
1 Philippine Peso = 0.87448 Gambian Dalasi
1 Philippine Peso = 183.64981 Guinea Franc
1 Philippine Peso = 0.14678 Guatemala Quetzal
1 Philippine Peso = 4.10714 Guyana Dollar
1 Philippine Peso = 0.15521 Hong Kong Dollar
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1 Philippine Peso = 1.30582 Indian Rupee
1 Philippine Peso = 23.60584 Iraqi Dinar
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1 Philippine Peso = 30.08595 Lebanese Pound
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1 Philippine Peso = 0.25325 Lesotho Loti
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1 Philippine Peso = 0.02847 Libyan Dinar
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1 Philippine Peso = 0.39107 Moldovan Leu
1 Philippine Peso = 1.14012 Macedonian Denar
1 Philippine Peso = 27.38357 Myanmar Kyat
1 Philippine Peso = 48.93064 Mongolian Tugrik
1 Philippine Peso = 0.15986 Macau Pataca
1 Philippine Peso = 7.11573 Mauritania Ougulya
1 Philippine Peso = 0.70438 Mauritius Rupee
1 Philippine Peso = 0.30442 Maldives Rufiyaa
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1 Philippine Peso = 0.08845 Malaysian Ringgit
1 Philippine Peso = 0.25323 Namibian Dollar
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1 Philippine Peso = 0.58225 Nicaragua Cordoba
1 Philippine Peso = 0.1693 Norwegian Krone
1 Philippine Peso = 2.08775 Nepalese Rupee
1 Philippine Peso = 0.02835 New Zealand Dollar
1 Philippine Peso = 0.00769 Omani Rial
1 Philippine Peso = 0.01999 Panama Balboa
1 Philippine Peso = 0.06497 Peruvian Nuevo Sol
1 Philippine Peso = 0.06547 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.09175 Pakistani Rupee
1 Philippine Peso = 0.0795 Polish Zloty
1 Philippine Peso = 110.26184 Paraguayan Guarani
1 Philippine Peso = 0.07277 Qatar Rial
1 Philippine Peso = 0.08471 Romanian New Leu
1 Philippine Peso = 1.14579 Russian Rouble
1 Philippine Peso = 16.3278 Rwanda Franc
1 Philippine Peso = 0.07494 Saudi Arabian Riyal
1 Philippine Peso = 0.1555 Solomon Islands Dollar
1 Philippine Peso = 0.2628 Seychelles Rupee
1 Philippine Peso = 0.13326 Sudanese Pound
1 Philippine Peso = 0.17653 Swedish Krona
1 Philippine Peso = 0.0279 Singapore Dollar
1 Philippine Peso = 0.01613 St Helena Pound
1 Philippine Peso = 0.44385 Slovak Koruna
1 Philippine Peso = 143.85369 Sierra Leone Leone
1 Philippine Peso = 10.93344 Somali Shilling
1 Philippine Peso = 455.49671 Sao Tome Dobra
1 Philippine Peso = 0.17434 El Salvador Colon
1 Philippine Peso = 10.29342 Syrian Pound
1 Philippine Peso = 0.25272 Swaziland Lilageni
1 Philippine Peso = 0.69178 Thai Baht
1 Philippine Peso = 0.04569 Tunisian Dinar
1 Philippine Peso = 0.04606 Tongan paʻanga
1 Philippine Peso = 0.07244 Turkish Lira
1 Philippine Peso = 0.13391 Trinidad Tobago Dollar
1 Philippine Peso = 0.60664 Taiwan Dollar
1 Philippine Peso = 44.51329 Tanzanian Shilling
1 Philippine Peso = 0.53688 Ukraine Hryvnia
1 Philippine Peso = 71.79692 Ugandan Shilling
1 Philippine Peso = 0.01999 United States Dollar
1 Philippine Peso = 0.56266 Uruguayan New Peso
1 Philippine Peso = 69.75815 Uzbekistan Sum
1 Philippine Peso = 0.19938 Venezuelan Bolivar
1 Philippine Peso = 455.50671 Vietnam Dong
1 Philippine Peso = 2.15751 Vanuatu Vatu
1 Philippine Peso = 0.0512 Samoa Tala
1 Philippine Peso = 12.18129 CFA Franc (BEAC)
1 Philippine Peso = 0.05397 East Caribbean Dollar
1 Philippine Peso = 12.29063 CFA Franc (BCEAO)
1 Philippine Peso = 2.20448 Pacific Franc
1 Philippine Peso = 4.996 Yemen Riyal
1 Philippine Peso = 0.25248 South African Rand
1 Philippine Peso = 103.72777 Zambian Kwacha
1 Philippine Peso = 7.23366 Zimbabwe dollar

Impatience, desperation derail US home sales

NEW YORK - Dan and Kelly Neubeck do not know what sunk the deal to buy their dream house in Chicago last fall. The process was rolling along after they signed the contract for a full-price offer, but somehow their love was unrequited.

The sellers abruptly pulled out and left them bereft.

“It is difficult to not quickly become attached to a home that you really want,” said Dan Neubeck, 37, who works for the city of Chicago. “I would definitely advise home buyers to stay open-minded and not fall in love with a property until the whole process is complete.”

Home sale deals always fall through from time to time, but in today’s tight housing market, the numbers are jumping. A new study released on Wednesday from housing website Trulia.com compiled data on homes that were reported to be “in contract” before their status changed back to active.

Nationally, the failed sales rate nearly doubled in 2016.

Many sales that never closed involved first-time buyers eager to jump into a hot market. Starter and trade-up housing was on the shakiest ground, while deals for new homes and those built before 1920 were the least likely to unravel.

Some metropolitan areas exhibited bigger failure rates than others.

Since 2014, when Trulia began to aggregate data from local multiple listing services all over the country, Las Vegas has led the pack with 7.6 percent of listings reverting back to “for sale” at least once.

Last year, Charleston, South Carolina, had the biggest rise in failure rates, jumping to 10.2 percent from just 1.6 percent in 2015. Other hot spots include Ventura County, California; Tucson, Arizona; and Atlanta.

In Charleston, real estate agent Mark Mitchell attributes most of the failed sales to buyers’ rushing into an extremely popular market where few homes are available.

Mitchell, as associate broker at Dune Properties, had two sales fail in the last 30 days. One couple was moving to the area from Indianapolis to retire and start a business on the side. Even though Mitchell tried to send them to a mortgage broker before signing a contract, they skipped that step and missed out on a purchase because they did not qualify for the financing they sought.

“They were making an emotional move,” Mitchell said, and now they are downsizing their dreams from a $500,000 house to condos in the $250,000 range.

Another Charleston broker, Jan Snook of Carolina One Real Estate, said her office had about seven failed contracts out of more than 50 last year. Some were because of mortgage problems on the buyer’s side, but more often than not, sales failed because of issues with the houses.

One buyer was intent on a house that Snook knew would have problems because of the age and condition of the roof. The client wanted to try anyway, but lo and behold, the inspection said the roof would need to be replaced to qualify for a loan insured by the Federal Housing Administration.

“It was unrealistic expectations on both sides,” Snook said. “But that’s why those FHA protections are there.”

Felipe Chacon, the Trulia housing data analyst who authored the sales failure study, said buyers need to do their homework and be willing to wait for the right home at the right price.

“You want to get your preapproval for a mortgage and ask a lot of questions because you don’t want surprises to come up,” he said.

From the seller side, Chacon said the most important thing is to be honest about problems and fix what you can.

Also, list the house at a reasonable price so the appraisal does not come back lower than that and cause banks to deny a mortgage.

David Liu, a 33-year-old who works in healthcare information technology, learned that lesson when he put a house on the market near San Francisco in 2014.

Despite the hot market there, two deals fell through because the buyers had financing issues. He eventually sold the house after several price cuts.

Sellers may also want to get a pre-emptive inspection on the property they are trying to sell and start making the needed repairs, said USRealty.com Chief Executive Officer Colby Sambrotto.

This is key in a market like Austin, Texas, said Redfin.com agent Andrew Vallejo. He said most of the failures he has seen recently are because the topography of the area causes foundation problems for concrete slab homes that are 50 to 80 years old.

Vallejo has hopes for better houses coming on the market this spring. “It almost feels like it was leftovers on the market this past year,” he said. – Reuters
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