-
Why Affordable Homeownership Programs Matter
Written by our WFP Intern, Gabriela B. For many people, the process of applying for homeownership might be intimidating. Paperwork, eligibility restrictions, financial evaluations, and strange terminology frequently make the process seem difficult, deterring people from starting. Because of this, some people never consider their options since they believe homeownership is unattainable. Affordable homeownership initiatives,…
-
Understanding Your Mortgage
Written By William Paige, Foreclosure Specialist at The Waterfront Project Have you ever looked at your mortgage statement and wondered, “Why did my monthly payment increase?” First let’s break down what a mortgage is made of. Your total monthly mortgage payment is commonly referred to as PITI: Principal: Pays down your loan balance. Interest: The…
-
Black History Month and homeownership
Black History Month and Homeownership Written by Maria Mascola, HUD Certified Foreclosure Specialist at The Waterfront Project During Black History Month, we honor and celebrate the many generations of Black Americans who have helped shaped our nation and we reflect on the triumphs and challenges they have faced through U.S. history. The work still needs to be…
-
Before You Buy: Understanding Homeowners Association (HOA) Fees
Before You Buy: Understanding Homeowners’ Association (HOA) Fees Written By William Paige, Certified Foreclosure Specialist at The Waterfront Project Before purchasing a home with Homeowners Association (HOA) dues, it is critical to understand both the benefits and the potential financial risks. HOAs are common in condominiums, co-ops, townhouses, and planned communities, and membership is mandatory…
-
The Barriers to Home Ownership for Millennials and What The Waterfront Project Can Do
The Barriers to Homeownership for Millennials and How WFP Can Help By Maria Mascola, HUD Certified Foreclosure Specialist The Waterfront Project is a free clinic helping in both Pre-Purchase and Post-Purchase Counseling. We understand the current difficulties due to the economy, rising housing costs, and interest rates that are affecting so many people’s ability to…
-
Protecting Tenants and Homeowners in 1–4 Family Owner-Occupied Properties Facing Foreclosure
Protecting Tenants and Homeowners in 1-4 Family Owner Occupied Properties Facing Foreclosure Written by William “Bill” Paige, Foreclosure Specialist- HUD Certified Housing Counselor The foreclosure process in New Jersey is complex, often misunderstood, and has far-reaching implications—not only for homeowners but also for renters residing in small, owner-occupied properties. At The Waterfront Project, Inc., our HUD-certified…
-
Mortgage Maintenance Education
Mortgage Maintenance Education By Maria Mascola and William Paige Since 2018, The Waterfront Project has been dedicated to helping New Jersey residents navigate the complexities of the foreclosure process. We now have a full team of HUD-Certified housing counselors who offer support and education to client’s while reminding them they don’t have to go through…
-
The Waterfront Project, Inc.: Navigating the Housing Crisis in the Wake of the Pandemic
The COVID-19 pandemic has left an indelible mark on communities across the globe, exacerbating existing inequalities and unveiling new challenges. Among the most pressing issues is the housing affordability crisis, which has seen a dramatic escalation affecting both renters and homeowners alike. In Hudson County, New Jersey, and the broader Northern NJ area, The Waterfront…
Recent Posts
- Housing Resource of the Month Finding Affordable Housing in Jersey City
- Finding Affordable Housing Is Only the First Step: Navigating the Application Process
- Don’t Ignore Court Notices: Why Responding Can Protect Your Rights
- The significance of early intervention and advocacy for vulnerable tenants
- Why Affordable Homeownership Programs Matter
