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.
Redmond is a city in King County, Washington, United States. The population was 45,256 at the 2000 census, with an estimated population of 48,739 in 2006. Redmond is best known as the home of Microsoft (for which "Redmond" has become a metonym) and Nintendo of America. With an annual bike race on city streets and the state's only velodrome, Redmond is also known as "the bicycle capital of the Northwest". (The city is suburban in character, with its main form of transportation actually being the automobile. ) Redmond has a historic downtown with many individually owned businesses which is adjacent to the modern downtown Redmond. Due to its large population of highly paid tech workers, especially those of Microsoft, Redmond is known for its affluence. Based on per capita income, Redmond ranks 20th of 522 areas in the state of Washington to be ranked.