Is owning a home right for you?
Owning a home may be a common dream, but it's not for everyone. And whether you're contemplating buying your dream home, your first home or simply your next, your first step should be to figure out whether the cost of home buying—including taxes, insurance, home remodeling and maintenance—outweighs the costs of leasing something suitable in your area.

How much will your buying or remodeling project cost?
If you've decided home buying is for you, you need to ask yourself how much money you’ll need to get started. If you plan to get a mortgage, do you know how much home you can afford? If so, do you know how much of a down payment you'll need? If you're building your dream home, do you know what kinds of loan programs are available for new construction? Maybe you already own a home and you're thinking about a major home remodeling project—do you know what it will cost and what your financing options are?

Do your real estate research.
Whatever your situation, you may want to visit the National Association of Realtors website at www.realtor.com to access their handy tools and calculators. Armed with the right information and a levelheaded approach to the home buying and home remodeling process, you'll be well on your way toward making your project happen.

Save for your dream.
If you've answered the big questions and decided to save money toward owning or remodeling a home, consider the options at Ally Bank. Ally Bank gives you a number of ways to save with a variety of CDs, as well as our Online Savings Account and the Money Market Account—all of which offer competitive interest rates. Learn more by visiting Allybank.com or call live, 24/7 customer care at 877-247-ALLY (2559) today.

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