This foreclosure enforces a judgment for $2,566.08 principal plus 6% annual interest from August 1, 2019, attorney fees, and late charges. The plaintiff MCLP Asset Company is foreclosing on a rural parcel in Guayama. A key investor concern is a subsequent SBA mortgage of $160,000 at 1.75% annual interest recorded after the plaintiff's lien, which survives the sale and makes the property unmarketable at the stated minimum bids unless the buyer assumes or pays that federal lien. The edicto does not clarify lien priority or whether the SBA debt will be satisfied from proceeds. Bidders should verify title, lien amounts, taxes, and access before participating. Payment is due in cash, certified check, or postal money order to the marshal at the time of auction.
Parcela Nuevo Olimpo, 620 Calle 4 · 00784 · Puerto Rico
Rural parcel number 620 in the Olimpo Rural Community subdivision, Barrio Caimital, Guayama. Area: 354.83 square meters. Bounded north by parcel 622, south by parcel 618, east by a 5-meter irrigation canal easement, and west by Community Street 4. Recorded at folio 36, volume 420, finca 15,013, Guayama Property Registry.
Sign in with a Pro plan to view market analysis for this listing.
Sign in with a Pro plan to view market analysis for this listing.
Sign in with a Plus or Pro plan to view court case details.
View pricing