Your source for expert information on housing in South Dakota

The Renter's Guide to Rapid City

Posted by South Dakota Housing Authority on Mar 15, 2018 10:20:22 AM

Looking to rent a place to live in the Rapid City area? South Dakota Housing Development Authority (SDHDA) is a great resource for potential renters statewide. Before you begin the process, try out our guide to find the ideal place for your budgetary and space requirements.

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Topics: Renting

What's an FHA Loan and How Do I Qualify?

Posted by South Dakota Housing Authority on Mar 8, 2018 11:38:04 AM

When navigating the world of homebuying, you've likely heard the term "FHA loan" before. But what exactly is an FHA loan, and what does it mean for your home purchase?

Here's an intro to this style of loan, what they offer and the criteria for qualification.

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Topics: Homeownership

What Are Property Taxes and How Are They Calculated?

Posted by South Dakota Housing Authority on Mar 2, 2018 8:59:37 AM

Every homeowner has them—but what do they mean? Property taxes are a part of buying real estate. But how are they calculated? And what are they used for? The way property taxes are assessed varies state to state and county to county, but there are some basic parameters most fit into.

Here is a basic outline of how property taxes generally work for homeowners.

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Topics: Homeownership

4 Tenant Security Tips for New Property Managers

Posted by South Dakota Housing Authority on Feb 28, 2018 9:16:44 AM

When you're a first-time property manager, it's important to know your options when it comes to security. In order to keep both you and your rental property safe and secure, there are certain basic measures you can take.

Here are four ways to give both you and your residents peace of mind.

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Topics: Property Management

6 Common Mistakes Most First-Time Homebuyers Make

Posted by South Dakota Housing Authority on Feb 16, 2018 9:26:10 AM

There's a first time for everything—so when it comes to buying a home for the first time, you're bound to make a mistake or two. There's a learning curve to making purchases on this scale, but many homebuyers before you have made some mistakes so that you don't have to.

Here are six common first-time homebuyer mistakes you can avoid yourself.

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Topics: Homeownership

Do I Qualify for Rental Assistance in South Dakota?

Posted by South Dakota Housing Authority on Feb 8, 2018 3:46:04 PM

Managing a monthly rent payment can sometimes seem like more than your paycheck can handle. But if you meet certain standards, you may be able to qualify for assistance in making those payments here in South Dakota. You have several options—from Project-Based Section 8 to vouchers.

Here are some of the most common requirements for rental-assistance programs.

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Topics: Renting

Homebuying with a Disability: Knowing Your Options

Posted by South Dakota Housing Authority on Feb 1, 2018 3:33:26 PM

Purchasing a home can feel like a rite of passage for many individuals and families. It's an exciting time, but there are a lot of details to consider. When it comes to homebuying with a disability, however, there are even more added layers of options and key information that are critical to know.

Here are just a few things you should keep in mind as a homebuyer with a disability.

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Topics: Homeownership

5 Money Tips for Apartment Renters on a Budget

Posted by South Dakota Housing Authority on Jan 25, 2018 3:21:30 PM

Paying for an apartment includes a variety of potential strains on your budget. And when your budget is a little small to begin with, this can present some headaches. Luckily, there are plenty of tactics you can utilize to manage renting an apartment on a minimal budget.

Here are some basic starter tips for money-saving when you're a budget apartment renter.

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Topics: Renting

3 Common Misconceptions About College Debt and Homeownership

Posted by South Dakota Housing Authority on Jan 18, 2018 3:53:29 PM

A college degree can go a long way toward advancing your career and your general quality of life. Study after study has shown the connection between household income and holding a higher education degree.

But what about buying a home? How does having a degree impact your homeownership prospects?

There are a few common misconceptions people have when it comes to student debt and how it affects purchasing a house. (Particularly in South Dakota.) Here are just a few of them.

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Topics: Homeownership

Mastering Mortgages: Offering the Best Home Loans to Your Customers

Posted by South Dakota Housing Authority on Jan 11, 2018 12:21:45 PM

Lenders and financial institutions that offer mortgages have a unique opportunity—to provide the key to owning a home to potentially thousands of families and individuals. So what can a mortgage lender do to offer the best possible options for their potential and existing customers?

Here are four avenues you should take as a lender to diversify your offerings.

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Topics: Lending

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