Your source for expert information on housing in South Dakota

The Guide to Negotiating Your Home Purchase

Posted by South Dakota Housing Authority on Jun 27, 2017 11:19:14 AM

Purchase negotiations can be intimidating for many first-time homebuyers. Prices, property values, repairs, closing dates and other variables all factor into homebuying negotiations. 

How can you prepare for negotiations and improve your homebuying confidence?

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Topics: Homeownership

Understanding Lending Terms: Picking the Right Mortgage

Posted by South Dakota Housing Authority on Jun 22, 2017 2:20:39 PM

You’re driving through neighborhoods, looking for your future home. You find “the one” and start asking yourself, “How will I pay for this?” A lot of homebuyers, especially first-timers, can get confused by the next step—lending. It’s nothing a little preparation and understanding of the right terms can’t solve.

What do you need to know about mortgages? Take a look at these essential terms to get started.

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Topics: Lending

Understanding Renting Terms: Picking the Right Lease

Posted by South Dakota Housing Authority on Jun 20, 2017 9:15:07 AM

When it comes to apartment hunting, the jargon surrounding lease agreements and rental paperwork can be overwhelming. But as long as you are aware of some key terms that you might (and should) see in an application or rental agreement, you can apply and sign with confidence.

Here are a few important terms of which to be aware.

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Topics: Renting

Renter’s Rights: What Every Apartment Dweller Can Expect

Posted by South Dakota Housing Authority on Jun 15, 2017 11:55:33 AM

Have you ever found yourself in a sticky situation with a landlord or you just aren’t sure about what to anticipate as a new tenant? If you know your expectations as a renter, you can navigate the waters of renting and interacting with landlords.

Here are a few things you can expect as a renter.

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Topics: Renting

8 Unique Ways to Make a Small House Feel Bigger

Posted by South Dakota Housing Authority on May 18, 2017 2:33:59 PM

Do you feel cramped and crowded in your small home? Or maybe you’re looking at going smaller for your first home? Either way, if you’re a bit short on the square footage, it doesn’t mean your home has to feel small. With a few tips and tricks, you can make your home feel bigger on the inside.

Here are several ideas that can have you well on the way to a seemingly roomier home.

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Topics: Homeownership

5 Things to Look for When Picking Your New Neighborhood

Posted by South Dakota Housing Authority on May 4, 2017 2:31:25 PM

When house-hunting, one of the best things you can do to ensure a bright future in your new home is to take stock of the surrounding neighborhood. Depending on your situation, you might look out for school options, nearby activities, parks or prevalence of crime.

Here are five other points you should take into consideration when picking out your ideal neighborhood. 

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Topics: Homeownership

Things Every Homebuyer Should Know About Their Credit Score

Posted by South Dakota Housing Authority on Apr 27, 2017 2:26:58 PM

If you’re shopping for a home, you know that they don’t always come cheap. Unless you’re one of the lucky few who stumbled across a hoard of treasure or won the lottery and can pay with cash, you’re likely going to need to secure a loan in order to finance your home purchase. Lenders will always look at your credit score to see how well you manage debt.

Below are a few things to keep in mind regarding credit scores.

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Topics: Homeownership

4 Lender Benefits of Offering the First-Time Homebuyer Program

Posted by South Dakota Housing Authority on Apr 20, 2017 2:30:05 PM

What’s the importance of attracting first-time homebuyers to your bank, credit union or financial institution? What benefits can participating in the South Dakota Housing Development Authority (SDHDA) First-Time Homebuyer Program truly provide a lender?

There’s more than one reason to become a participating lender—here are a few of them.

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Topics: Lending

6 Things to Remember For Property Development

Posted by South Dakota Housing Authority on Apr 13, 2017 12:05:24 PM

Deciding to build, whether a single-family residence or multifamily apartment building, takes a lot of thought and planning. Whether you’re an amateur property developer or a seasoned professional, here are six key fundamental things to remember before you start.

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Topics: Property Development

4 Key Home Improvements to Make Before Selling

Posted by South Dakota Housing Authority on Apr 6, 2017 2:41:32 PM

Have you decided to sell your home and you’re not sure where to start with sprucing up the place for the sale? Putting in the effort to make your home stand out will help it sell and add extra reinforcement to your asking price.

Consider these four home improvements before you sell.
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Topics: Homeownership