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.
Malott is a small unincorporated community in Okanogan County, Washington, USA. The community sits on the western bank of the Okanogan River and has bridge access to highway 97. It has a general store, bar and church. Originally a stopover point with a hotel founded in 1909, most of the town was destroyed by flooding in 1938 after a dam burst. Okanogan lies 9 miles to the northeast.