This is a judicial foreclosure auction brought by Banco Popular de Puerto Rico after a court judgment, not a voluntary sale. The auction appears to involve a condominium or apartment unit in Carolina, so bidders should review whether the collateral description in the notice matches the property they intend to underwrite. For investors, the main diligence issues are title status, lien priority, HOA or maintenance fees, occupancy, and physical condition. The notice indicates that prior or preferential liens may survive the sale, so lien priority and title status should be reviewed carefully. Payment is due at the auction, and the winning bidder may need to address possession or occupant removal after the sale.
Apartment number C dash nine hundred six: Residential apartment identified with number C dash nine hundred six in the ninth floor of Tropicana Condominium in Paseo de los Gobernadores, Cangrejo Arriba Ward, Carolina,, Puerto Rico
URBANA: PROPIEDAD HORIZONTAL: Bounding on the NORTH, with the exterior elements of the building and the lot where the building is erected, on a distance of twenty two feet ten inches; on the SOUTH, with a common hallway or corridor, on a distance of twenty two feet ten inches; on the EAST, with apartment C dash nine hundred eleven, on a distance of twenty nine feet two inches; on the WEST, with apartment C dash nine hundred five, on a distance of twenty nine feet two inches. The apartment has a living-dining room, balcony, one bedroom with closet, one bathroom, water heater, storage closet, hallway or corridor, air conditioning ducts, kitchen with cabinet, electric stove, oven, dishwasher, stainless steel sink and intercom. Parking space number one hundred eight has been assigned to this apartment as an inseparable appurtenance of same. Le corresponde una participación de .36282% en los elementos comunes generales
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