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This is a mortgage foreclosure by the USDA Rural Development against a rural residential lot in Barrio Cibuco, Corozal. The property is a 0.2171-cuerda parcel in the Estancias de Cibuco development. The original loan was $93,000. The borrower defaulted in March 2015, and the balance owed is $80,493.64 in principal plus 6.875% annual interest, late charges at 4% on payments over 15 days past due, and $9,300 each for costs, additional interest reserve, and potential advances under the mortgage. The property will sell free of junior liens. Investors should verify title, tax status, access via the development road, and whether utilities and infrastructure are available to this rural parcel.
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.
A 11 Estancias de Cibuco Corozal PR 00783 · 00783 · Puerto Rico
Lot 11 in the Estancias de Cibuco development, Barrio Cibuco, Corozal. The 0.2171-cuerda parcel (853.465 m²) is bounded north by the remainder of the parent tract, south by Lot 12 of the same development, east by Urbanización Villas de Cibuco, and west by the project access road.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Sep 10, 2026 | 9:30 AM | $93,000 | passed |
Second auction | Sep 17, 2026 | 9:30 AM | $62,000 | current round |
Third auction | Sep 24, 2026 | 9:30 AM | $46,500 | 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.