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.
Farmington Hills is an affluent community in Southeastern Michigan. It is the largest city in Oakland County in the U.S. state of Michigan. Its population was 82,111 at the 2000 census. It is an upscale, northwestern suburb of Metropolitan Detroit. Although the two cities have separate services and addresses, Farmington and Farmington Hills are often thought of as the same community. Features of the community include a recently renovated downtown, shops, a vintage cinema, numerous restaurants, upscale car dealerships, art galleries, and one of Oakland County's largest public parks, Heritage Park. There are many historical sites, such as 'The Longacre House' of Farmington Hills, and 'The Governor Warner Mansion'. Both cities are served by the Farmington Hills Community School District, which is one of the top rated public school systems in the state. Due to its close location to other affluent communities of West Bloomfield, Bloomfield Hills, and Novi, the communities' real estate values tend to be higher than those in the city of Farmington.