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.
Alamo, Texas, in what is nicknamed the "Land of Two Summers," is a town in the irrigated area of southern Hidalgo County, Texas. This town was incorporated in 1924, and it was named for the Alamo Land and Sugar Company. It is located in an area of abundant vegetable farming and citrus groves, and it is a noted winter resort/retirement town. Alamo is also one of the Rio Grande Valley's gateways to Mexico, via U.S. Route 281 and Nuevo Progreso, Tamaulipas. Alamo's population was just 14,760 at the time of the 2000 U.S. Census. Alamo is supposedly a part of the McAllen-Edinburg-Mission metropolitan area.