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This is a mortgage foreclosure auction by Oriental Bank to collect $143,644.03 plus interest and fees on a residential rural property in Barrio Franquez, Morovis. The property is encumbered by the subject mortgage originated at $152,192.00 (3.50% annual interest, maturing April 2052) and a subordinate HUD second mortgage of $5,520.00 (no interest, same maturity). The HUD lien and the demanda annotation will be eliminated at auction. Investors should note the property is described as rural rustic land with unclear improvement status. Title is registered at Finca 11,953, Manatí Section. The minimum bid at the first auction is $152,192.00, equal to the original mortgage principal. Successful bidders must pay immediately in cash, certified check, or postal money order. The sale is subject to court confirmation.
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.
Sector Pabón 79(5), Calle Oscar Rivera · 00687 · Puerto Rico
Rural land parcel in Barrio Franquez, Morovis municipality, identified as 'Solar a segregar' (lot to be segregated) on the subdivision plat. Area: 1,000.242 square meters. Bounded on the north by 64.493 linear meters with remainder of property inscribed at Folio 42, Tomo 334 of Morovis. Registry: Finca 11,953, Manatí Section.
| Round | Date | Time | Price | vs last sale | Status |
|---|---|---|---|---|---|
First auction | Sep 10, 2026 | 10:00 AM | $152,192 | −2% | passed |
Second auction | Sep 17, 2026 | 10:00 AM | $101,461 | −35% | current round |
Third auction | Sep 24, 2026 | 10:00 AM | $76,096 | −51% | 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.