Humacao · Mabú · Antonio Roig

This is a reverse mortgage foreclosure brought by GITSIT Solutions LLC as trustee against six co-owners and the United States. The property is a 2,827 m² residential lot in Humacao with an original reverse mortgage of $228,000 issued by HUD in 2012, maturing in 2092. The balance owed is $225,144.90 plus 5.06% interest from March 2023, plus accrued servicing charges, insurance premiums, and $22,800 in legal fees. The mortgage accelerates if no borrower continues to occupy the home as a principal residence, which appears to have occurred here. The property is free of prior liens. Investors should confirm title, occupancy, tax status, physical condition, and whether the United States has any claims. Payment is by cash, postal money order, or manager's check to the marshal. Prior and preferred liens survive the sale.