Florida · Rafael Arroyo · Las Flores

This foreclosure auction arises from a USDA Rural Development mortgage enforcement against the estates of two deceased borrowers with unknown heirs. The property is a single-family concrete residence in Urbanización Las Flores, Florida, PR. The mortgage was executed in August 2020 for $70,000, but the balance due is $60,814.86 plus 7.375% annual interest from May 2015, late charges at 4% on overdue payments, advances, subsidies, and $7,000 in attorney fees. The notice references interest accruing from 2015 despite a 2020 mortgage date, suggesting possible loan modification or calculation issues. Title appears clear per the registry study. The auction requires cash, postal money order, or manager's check payable to the marshal. Winning bidders accept the property as-is and assume responsibility for any surviving liens, though none are noted.