Buying A Used Car: Before you start shopping for a used car, do some homework. It may save you serious money. Consider driving habits, what car will be used for, and your budget. Research models, options, costs, repair records, safety tests, and mileage through libraries, book stores, and web sites.

Before you buy a used car whether from a dealer or an individual: Examine car using an inspection checklist. You can find checklists in magazines and books and on Internet sites that deal with used cars; Test drive car under varied road conditions—on hills, highways, and in stop-and-go-traffic; Ask for car’s maintenance record from owner, dealer, or repair shop; Hire a mechanic to inspect car. Paying for car: Most people do not realise that they have capital locked up in their property which could be used for buying that special car of their dreams.

Release capital tied up in your home with a home owner loan. The loan can be used for any purpose, and is available to anyone who owns their home. Home loans can be used for any purpose such as, new car, home improvements, pay of store card or credit card debt and debt consolidation.

Home owner loans are available for practically any reason. One of most common types of home owner loans on offer are debt consolidation loans where objective is to reduce monthly outgoings to a more manageable amount. A UK Home Owner Loan is great if you want to raise a large amount; are having problems getting an unsecured loan; or have a poor credit history. Many lenders look more favourably on people who are home owners as this demonstrates a commitment to repay a large amount of money over a long period.

A UK Home Owner Loan is a cheap, low cost, loan secured on your UK home. It frees up equity in your home for you to use on whatever you want.

You may freely reprint this article provided author's biography remains intact:

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available online loans via the http://www.directonlineloans.co.uk website.

The good thing is that this type of zero down mortgage is underwritten on a case by case basis. So even if you don’t have great credit or have other issues such as not having any credit at all, you still have a good chance of getting one of these loans.

Seller can pay all closing costs.

USDA Rural Housing: These 100% loans were once known as farm home loans. They offer zero down mortgage financing and are also underwritten on a case by case basis.

To qualify for one of these zero down mortgage you normally need good credit, but not always. All collections and charge off’s will need to be paid. The property can not be located anywhere USDA (United States Department of Agriculture) deems urban.

There are also income limitations with this program as well as certain criteria that home must pass.

Seller can pay all closing costs.

Emerging Markets: This is another awesome zero down mortgage. This program is especially useful for home buyer’s who have limited or no credit at all. Through this program they allow you to build alternative credit through other bills such as an electric bill, phone bill, rent etc.

There are some income limitations to this loan depending on where home is located. The income limitations are higher than those with Rural Development Program.

Seller can pay up to 6% of sales price towards closing costs.

State or Local Financing: Some states also offer a zero down mortgage. These loans come and go depending on funding. They are definitely worth looking into.

For example Oregon has Oregon Bond Loan.

The requirements for these types of loans will vary but they will be more strict than some of other types of 100% financing that are available.

You might need to do some footwork for this type of zero down mortgage. You may be surprised to find that your loan officer has never heard about these programs. Because these loans are government sponsored you will need to call, write, or go down to your local government offices. Below are some other government agencies you can contact for special programs.

HUD/FHA 451 7th St. Washington, DC 20410 www.hud.gov

Fannie Mae 3900 Wisconsin Ave. NW Washington, DC 202-752-7000 www.FannieMae.com

Freddie Mac 8200 Jones Beach Drive McLean, Virginia 22101 www.FreddieMac.com

When you contact your local government agencies about zero down mortgage. You should also ask about special purchase programs they may be offering as well. Many times government agencies will work with several of local contractors to build affordable housing.

Basically government gets a special rate from contractors and then will subsidize remaining amount to offer homes at a much lower cost. For example a home may be worth $125,000 but government will sell it for only $85,000 to those that qualify.

You can also contact you local building associations to find out about other special programs that they may be involved with. Just look in your phone book for state or local builder associations.

FHA Loan: The FHA loan is not actually a 100% financing loan. They do require at least a 3% down payment. You can use down payment assistance programs to cover 3% plus your closing costs.

Most people are under assumption that government is one loaning money. In reality they are insuring loan in case of a loss. So if you no longer made payments and house was foreclosed upon government pays lender off and takes home.

This program allows lenders to loan money to people that would not normally qualify for a home loan. There are housing price limits as well as strict guidelines with this type of loan