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.
Buxton is an unincorporated community of nearly 1,500 people on Hatteras Island (part of the Outer Banks) near Cape Hatteras. It is located in Dare County in the U.S. state of North Carolina. North Carolina Highway 12 links the community to other Outer Banks communities such as Avon, Frisco, and Hatteras. Buxton is most famous for being the location of Cape Hatteras Light, and prides itself as being the home of the Cape Hatteras Anglers Club.