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.
Sag Harbor is an incorporated village in Suffolk County, New York, United States, with parts in both the Towns of East Hampton and Southampton. The population was 2,313 at the 2000 census. The entire business district of the whaling port and writer's colony is listed as Sag Harbor Village District on the National Register of Historic Places. Sag Harbor is about three fifths in Southampton and two fifths in East Hampton. The dividing line is Division Street which becomes Town Line Road just south of the village. Most of the defining landmarks of the village—including its Main Street, the Whalers Church, Jermain Library, Whaling Museum, the Old Burying Ground, Oakland Cemetery, Mashashimuet Park, and Otter Pond are all in Southampton. However, almost all the Bay Street marina complex at the foot of Main Street is in East Hampton as are the village's high school, the Sag Harbor State Golf Course, and the freed slave community of Eastville.