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This is a reverse mortgage foreclosure action brought by LLACG Community Investment Fund against the estate of Justino Rodriguez Rivas and related parties. The property is a 4,511.66 m² rural lot in Barrio Jacanas, Yabucoa. The balance due is $247,926.58 in principal plus $9,861.80 in accrued interest as of September 30, 2025, continuing at 5.060% annually, plus 10% of the original note ($24,000.00) for costs and attorney fees. A critical diligence issue is a prior or preferred lien held by the U.S. Secretary of Housing and Urban Development for $240,000.00, maturing May 14, 2085, which will survive the sale. Bidders accept the property subject to this HUD lien and assume responsibility for it without the auction proceeds extinguishing it. The sale involves heirs and estates with possible unknown claimants, raising possession and title complexity risks.
SOLAR 4 KM 5.3 PR 9902 INT., SECTOR PIEDRA BLANCA · 00767 · Puerto Rico
Rural lot 4 in Barrio Jacanas, Yabucoa, measuring 4,511.66 square meters. Bounded north by existing municipal road; south by lot 3 owned by Harry Rodriguez Morales and lot 4-A owned by Jose Ramon Medina Diaz; east by lot 4-A owned by Jose Ramon Medina Diaz and existing municipal road; west by existing municipal road and lot 3 owned by Harry Rodriguez Morales. Described as remainder per inscription 2, segregated from finca 17138 of Yabucoa. Registered at folio 149, volume 286 of Yabucoa, finca 18,425, Humacao Property Registry.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Jun 30, 2026 | 9:30 AM | $240,000 | passed |
Second auction | Jul 7, 2026 | 9:30 AM | $160,000 | passed |
Third auction | Jul 14, 2026 | 9:30 AM | $120,000 | passed |
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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.