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.
Orogrande is an unincorporated community in Otero County, New Mexico in the United States, located at latitude of 32.37111 and a longitude of -106.08389 in the Jarilla Mountains of the Tularosa Basin on U.S. 54 between El Paso, Texas and Alamogordo, New Mexico. Originally a mining town named Jarilla Junction due to its proximity to the Jarilla Mountains established in 1905, the town was renamed Orogrande (Spanish for big gold) in 1906 and is not far from similar mining towns (now completely abandoned ghost towns) named Brice and Ohaysi. The population exploded to approximately 2000 as the result of a gold rush that occurred in 1905, but quickly collapsed almost to the point of depopulation when the gold deposits proved much less abundant than expected. There are still numerous abandoned mines in the area which fall under the jurisdiction of the Bureau of Land Management. Other land around Orogrande is part of a military reservation under the control of Fort Bliss. The community has a population of approximately 68. . It is served by a post office and has the zip code 88342.