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    FREDDIE MAC AND FANNIE MAE BAILOUT
    July 14, 2008 - USA

    Freddie Mac and Fannie Mae who own or guarantee about $5.3 trillion worth of home loans about half of all US mortgages have seen a loss of confidence my the market due to the mortgage forclosure increase and the drop in property values in the United States. Both company Shares have been under increasing pressure and have lost as much as 80% of share value in just 12 months . The Fed has given the green light for the Federal Reserve Bank of New York authority to lend any money needed to allow them to continue providing mortgages at 2.25% and will expand its current line of credit to the two companies and buy shares of the companies if needed to prop up share price in these troubled times. Congress is also to approve a package next week which includes a foreclosure rescue to help strapped homeowners get new, more affordable government-backed mortgages through the Federal Housing Administration.

    ANHEUSER- BUSCH TAKEN OVER
    July 14, 2008 - USA

    After a $52 billion takeover deal, American beer maker, Anheuser- Busch, was taken over by the Belgian beer maker InBev on this day. The merging of the two companies made the newly combined company, Anheuser-Busch InBev, the largest beer maker in the world. The new combined company produces some of the most well known beer brands in the world including Bud Light, Budweiser, Becks and Stella Artois.

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  • More vehicles
    about Stolen On New Year's

    More vehicles are stolen on New Year's Day than any other holiday throughout the year. (So does that mean thieves are having their last fling before changing their ways or are they trying for a big score to start the New Year?) Cancer Facts & Figures
    about Besides Lung Cancer

    Besides lung cancer, tobacco use also increases the risk for cancers of the mouth, lips, nasal cavity (nose) and sinuses, larynx (voice box), pharynx (throat), esophagus (swallowing tube), stomach, pancreas, kidney, bladder, uterus, cervix, colon/rectum, ovary (mucinous), and acute myeloid leukemia.

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Only buy used car for sale with legal papers. It is safer when you ask your friend's opinion. Before buying the car, check it out thoroughly. You should see the car first before buying it. You should road test the car before deciding to buy it.

ARTICLE CONTENT :

In buying used cars, it is wise to turn to friends, relatives, family and officemates. It can save you a lot of money, which is normally received as commissions by sales agents.

Giving priority to the used vehicles that your friends or family recommend can give you better information about how the car was handled. You can also get clearer details about the quality of the used car. You can also ask a mechanic friend to come see the car with you.

If none of the used vehicles recommended by your friends appealed to you, you can turn to the classified ads of your local newspaper. There are many used cars for sale listed there. You can narrow down your search by knowing the type of car you want to buy, the model, the engine type, mileage and some features like color and other accessories.

The type of car may include four-door, two-door, hatchback, station wagon, sports utility vehicle, sports car, pickup truck, two or four-wheel drive and so on.

You can list the ones that you think can pass your standards and contact the owners to ask questions that were not answer in the listing. If you like the answers you get from the owner, request an appointment to see the auto. This can save you time and effort.

If you have access to the internet, you can visit free classified sites such as Craigslist. You can also try looking at other websites devoted to selling used cars. If you are not comfortable with it, you can first type the phrase: ?how to buy a used car? on the search box. Then your search engines will load the results of sites that offer tips and step-by step guides on how to buy a used car.

There are many dealers of used vehicles that offer manufactured-certified pre-owned cars. Generally, they may charge you more. However, when you buy a preowned car, it comes with a limited warranty.

List the top 10 choices and contact the owners for an appointment, it is wise if you bring someone who is an expert at cars. Take notes for each used car that you see so you can compare notes with all the cars you see.

Part of the standard operating procedure is to request for a photocopy of maintenance records from the owners. There are also websites that make this information readily available as you view the used cars.

Ask for its vehicle identification number and run a check on the Carfax to know about its actual mileage, number of transfer of title ownership, and some information such as incidence of being wrecked or salvaged.

While doing the inspection, you can ask for a drive test. Your friend and you can do the test driving to better understand the real condition of the car engine, alignment condition, and the capability of the brakes. Check everything like the headlights, tail lights, hazard lights, brake lights, carburetor, air-conditioning system, heater, windows, tires and rims, and the radio of the used cars.

When you have found the used car of your choice, make a deal with the owner and get the necessary papers, forms including the bill of sale, and the car title. Some used cars dealers handle the paper work for you.

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  • 4182Article ID :
  • Rudy SilvaOwner :
  • Free Articles / LifetimeArticle Type
  • November 30, 2014Date Added :
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