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.
Artesia is a city in Eddy County, New Mexico, centered at the intersection of U.S. Route 82 and 285; the two highways serve as the city's Main Street and First Street, respectively. As of the 2000 census, the city population was 10,692. The town assumed its present name in 1903, after the discovery of an artesian aquifer in the area; artesian wells for agriculture flourished in the area until the aquifer became significantly depleted in the 1920s. The city was officially incorporated in 1905. Artesia was a candidate for ESPN's Titletown USA feature.