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.
The community of Newbury Park, California is located in the western portion of the city of Thousand Oaks and Casa Conejo, an unincorporated area of southern Ventura County. It is located in the East County area of Ventura County in the Conejo Valley, the northwestern portion of the Greater Los Angeles Area. Newbury Park abuts the Santa Monica Mountains National Recreation Area, with main entrances at the northern edge of the park at Rancho Sierra Vista and Satwiwa. The Conejo Valley is one of the most affluent areas in the country. Presently, Newbury Park has the highest median home values in all of Ventura County, around $730,000. It was ranked as one of the top 100 places to live in the country by Money Magazine. Also, it has the 11th highest per capita income and the 4th highest median household income in the nation (against all other cities with a population of 50,000 or more). The community is served by the Thousand Oaks Library System with two libraries, the Grant R. Brimhall Library, the largest in the region, and the Newbury Park Branch Library. The ZIP Code is 91320, and the community is inside area code 805.