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This is a mortgage foreclosure proceeding brought by Banco Popular de Puerto Rico against the estate of William Irizarry Torres and his widow Irma Román Méndez. The property is a single-family concrete and block residence in Urbanización Tanamá, Arecibo. The balance owed is $13,350.16 in principal plus 5.75% annual interest from August 1, 2023, along with $299.70 in accumulated late charges, $6,500 in attorney fees, and corporate advances including maintenance and inspection costs. Title review reveals a subordinated $15,000 second mortgage to the Puerto Rico Housing Finance Corporation, now Autoridad para el Financiamiento de la Vivienda, which was formally postponed to give the foreclosing mortgage first-lien priority. Two state tax liens (embargos estatales) totaling approximately $47,354 are recorded against someone named Wilma Irizarry, possibly one of the heirs; the notice cannot confirm identity. The auction requires payment by manager's check or money order. Bidders accept the property subject to prior and preferred liens, which survive the sale, and free of junior encumbrances.
This is not the first auction round. Bidicua may not know whether the property was already sold at an earlier round. Confirm directly with the court before bidding.
Urb. Tanamá, Solar 10 Bloque M Calle Saturno · 00612 · Puerto Rico
Lot number 10 of block M in Urbanización Tanamá, located in Barrio Hato Abajo, Arecibo. The lot measures 327.75 square meters. It is bounded on the north (15.96 meters) by street number 2, on the south (16.36 meters) by Carretera Conectora 651 and PR-10, on the east (20.28 meters) by lot M-11, and on the west (20.28 meters) by lot M-9. The property contains a one-story concrete and block structure for residential purposes. Recorded at folio 115 of volume 1212 of Arecibo, Finca 46909, Property Registry of Arecibo, Section I.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Oct 7, 2026 | 10:00 AM | $65,000 | passed |
Second auction | Oct 15, 2026 | 10:00 AM | $43,333 | current round |
Third auction | Oct 22, 2026 | 10:00 AM | $32,500 | upcoming |
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View pricingThis sample combines multiple recorded sources, including any likely auction transfer inferred from a public record dated within nine months after a scheduled auction. Transactions below $25,000 are excluded from market statistics. Directional confidence. Use this sample as market context. It is not a complete sales ledger. Sample refreshed Aug 2026.