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This is a mortgage foreclosure auction for a 2.617-cuerda rural property in Barrio Quebrada Negritos, Trujillo Alto. The borrower owes $140,050.35 in principal plus 5% annual interest accruing from July 1, 2025, along with 4% late charges on payments overdue beyond 15 days, attorney fees of $14,646.40, and costs. The mortgage was originated in July 2022. The property has a clear title with no prior or preferred liens recorded. The auction will proceed in three stages if needed, starting at the appraised value of $146,464.00, then reducing to two-thirds ($97,642.66) and finally one-half ($73,232.00) of that amount. Payment must be in cash or certified check. The buyer accepts the property as-is with all subsisting encumbrances and will be subrogated to any responsibilities, though none are identified here. Court confirmation is required before title transfer.
PR 181 KM 11 Barrio Quebrada Negrito Urb. Kennedy Hills · 00976 · Puerto Rico
Rural property in Barrio Quebrada Negritos, Trujillo Alto, measuring 10,287.744 square meters (2.617 cuerdas). Bounded on the north by Carmelo Fernández; on the east by Conrado García, now Anastacio García; on the south by Nicolás Iturregui, now Sucesión Nicolás Iturregui; and on the west by a segregated lot measuring 49.79 meters, a lot dedicated to public use measuring 15 meters, and insular road 181 at kilometer 11.2. Located at PR 181 KM 11 in Urbanización Kennedy Hills.
| Round | Date | Time | Price | vs last sale | Status |
|---|---|---|---|---|---|
First auction | Jul 6, 2026 | 10:15 AM | $146,464 | +8% | passed |
Second auction | Jul 13, 2026 | 10:15 AM | $97,643 | −28% | passed |
Third auction | Jul 20, 2026 | 10:15 AM | $73,232 | −46% | passed |
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