This is a mortgage foreclosure auction resulting from a 2012 judgment enforcing unpaid debt secured by a residential property in Yabucoa. Banco Popular de Puerto Rico is foreclosing on a single-family home in the Villas de Buenaventura development after the borrowers defaulted on a loan with an original balance exceeding $107,000. The total debt includes principal, accrued interest at 6.5% annually since May 2011, mortgage insurance premiums, late fees, and attorney costs. The appraised value for auction is $112,817. Bidders should confirm title status, lien priority, property taxes, and possession rights. The property will be sold free of junior liens per Article 102(6), with preferred liens surviving the sale. Payment is due in cash, postal money order, or certified check at the time of adjudication, subject to court confirmation.
15 O Calle Canobana, Villas de Buenaventura, Yabucoa, PR · Puerto Rico
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Lot O-15 on Street 11 in Villas de Buenaventura development, Aguacate ward, Yabucoa. The lot measures 300.375 square meters. Boundaries: north 13.50 linear meters with lot O-8 on Street 2; south 13.50 meters with Street 11; east 22.25 meters with lot O-16 on Street 11; west 22.25 meters with lot O-14 on Street 11. The property contains a house. Registered as Property 18,037, Karibe volume of Yabucoa, Property Registry of Humacao Section.
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