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.
Santee is a town in Orangeburg County along the Santee River Valley in central South Carolina of the United States. It has become a resort town of note located centrally north-south along the Atlantic Seaboard of South Carolina. The region has been rural, with a primarily agricultural economy typical of Orangeburg County, but it is now known primarily for its several golf courses in proximity to Lake Marion, Santee State Park and other Lake Marion attractions. Interstate 95 connects its attractions easily with tourists' traveling by automobile. I95 crosses a narrow arm of the lake into the town lands, along a picturesque causeway (see photo at right). Lake Marion is a man-made hydroelectric reservoir, which at 110,000 acres (450 km2, 173 sq mi) is one of the fifty largest lakes in the country. The population was only 740 at the 2000 census. The town has been undergoing economic and population growth, and development as rural niches are supplanted by bedroom communities. Construction of the Santee Cooper Regional Water System can provide millions of gallons of potable water per day to the surrounding five counties centered about Santee. The system was coordinated by the U.S. Department of Agriculture and funded by the Army Corps of Engineers, USEPA, and the South Carolina Department of Commerce. The plant was completed and operational as of 1 June 2008. Work to connect the plant to the five counties (Berkeley, Orangeburg, Dorchester, Calhoun, and Sumter) is underway and being overseen and funded by the same parties. Currently the RWS serves the town of Santee, with pipeline rapidly being installed to other locations. Incoming businesses from this project are projected to bring thousands of jobs to the area.