Foreclosure is the cutting off or termination of a right to property to compel payment of a mortgage or other debt secured by a lien. As to real property, like a house or land, foreclosure is started because of non-payment of the debt and leads to the selling of the property to which the mortgage or lien is attached in order to satisfy that debt. Lawyers who assist with foreclosure issues help struggling homeowners consider their options -- both foreclosure and foreclosure alternatives -- and determine the best course of action. Foreclosure alternatives may include loan modification, short sale, forbearance, reinstatement, and repayment plans.
Lockwood is an unincorporated community in Monterey County, California. It is located 6 miles (9.7 km) east-southeast of Jolon, 1.8 miles (2.9 km) north of the mouth of Tule Canyon, 3 miles (4.8 km) north of San Antonio River, and 9.3 miles (15 km) north of Bryson, at an elevation of 971 feet (296 m). Lockwood is in southern Monterey County and is a small town consisting of farms, ranches, and vineyards. Lockwood encompasses the San Antonio Lake, a very popular destination for many boaters and wakeboarders all around San Luis Obispo and Monterey Counties. There is a post office in Lockwood, a community center, Fayter's Equine/Repair Service, and 2 stores, the Pleyto Store and the Lockwood Store. Just outside of Lockwood is Hesperia Hall, located in Bryson-Hesperia. Lockwood also encompasses the San Antonio Valley Vineyards and several Olive groves. Award winner San Antonio Valley Olive Ranch (SAVOR Extra Virgin Olive Oil) is among the many new Olive groves in the area. The first post office opened in 1888. The name honors Belva Lockwood, candidate for President of the United States in 1884 and 1888 on the Equal Rights Party ticket. The ZIP Code is 93932, and the community is inside area code 831.