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.
Siloam is an unincorporated community in southeastern Surry County, North Carolina, United States. The Yadkin River makes up the community's southern border, and the Ararat River flows between it and the community of Shoals to the east. It is a Piedmont Triad community. The population of the ZIP Code Tabulation Area (ZCTA) for Siloam's ZIP code (27047) was 1,233 at the 2000 census.