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.
Blowing Rock is a town in North Carolina, situated in both Caldwell and Watauga counties. The population was 1,418 at the 2000 census. However, during the summer the town's population increases to about 10,000. These "summertime residents" consist mainly of people from the State of Florida who come to Blowing Rock to escape the heat and humidity of the Deep South. The Caldwell County portion of Blowing Rock is part of the Hickory–Lenoir–Morganton Metropolitan Statistical Area, while the Watauga County portion is part of the Boone Micropolitan Statistical Area.