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This is a foreclosure action brought by the Secretary of Housing and Urban Development to collect on a defaulted mortgage loan secured by a residential lot in Guaynabo. The estate of Juan Miguel Olivo Montanez is the defendant. The balance owed includes $140,910.65 in principal, $311,389.42 in accrued interest as of January 24, 2024 (continuing at 7.125% annually), $25,998.06 in mortgage insurance premiums, $5,730.00 in service fees, plus 10% of the original note for attorney fees and costs. The notice warns that prior and preferred liens, including up to five years of delinquent property taxes, will survive the sale and become the buyer's responsibility. The property is described as a vacant lot, not an improved dwelling. Investors should verify title status, tax arrears, access, zoning, and any development restrictions before bidding.
URB M RIVERA, BETANIA 7 · Puerto Rico
Lot number 300 of block M-10 according to the inscription plan of Urbanización Luis Muñoz Rivera, located in Barrio Los Frailes, Guaynabo, Puerto Rico, with a surface area of 450 square meters. It is bounded on the north by lot 299 (30 meters), on the south by lot 301 (30 meters), on the east by lots 328 and 329 (15 meters), and on the west by Street number 5 (15 meters).
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Sep 17, 2026 | 9:45 AM | $207,000 | current round |
Second auction | Sep 24, 2026 | 9:45 AM | $138,000 | upcoming |
Third auction | Oct 1, 2026 | 9:45 AM | $103,500 | 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 Jun 2026.