01 / 04
This is a foreclosure of a reverse mortgage originated by HUD in 2010, now held by GITSIT Solutions as trustee of GV Trust 2025-1. The borrower, Carmen A. Arias, has passed away, and the estate includes two named heirs plus unknown parties. The balance owed is $314,112.12 in principal plus accrued interest at 5.56% since May 2023, plus late fees and $31,500 in attorney fees. The reverse mortgage note states the borrower has no personal liability; the lender may only collect by selling the property. The loan became due because the borrower died and the property ceased being the principal residence of a surviving borrower. A second mortgage to HUD was also recorded to secure future payments. The property is a single-family concrete residence on a 426.57 m² lot in the Round Hills development. Investors should confirm title, verify no occupancy or estate claims, and understand that this is a non-recourse loan with special HUD reverse mortgage terms.
660 Violeta, Round Hills, Trujillo Alto, PR 00976 · 00976 · Puerto Rico
Lot 415, Block N, Round Hills development, Barrio Las Cuevas, Trujillo Alto. The 426.57 m² lot is bounded north by Violeta Street (15 m), south by lots 436 and 435 (16.79 m), east by lot 414 (26 m), and west by lot 416 (26 m). Single-family concrete and block residence. Recorded at Folio 59, Tomo 67 de Trujillo Alto, Finca 3177, San Juan Property Registry, Section IV.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Jul 9, 2026 | 9:00 AM | $315,000 | passed |
Second auction | Jul 16, 2026 | 9:00 AM | $210,000 | passed |
Third auction | Jul 23, 2026 | 9:00 AM | $157,500 | passed |
Sign in with a Plus or Pro plan to view court case details.
View pricingSign in with a Pro plan to view market analysis for this listing.
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 Apr 2026.