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This auction enforces a reverse mortgage on a rural parcel in Cabo Rojo. The original borrowers, Luis Misael Marty Rodriguez and Rosa Maria Berenguer Sotillo, secured a $258,000 HUD reverse mortgage in 2011. Both borrowers are now deceased, and the plaintiff, Inversiones La Cima LLC, is enforcing the debt against their estates. The balance owed is $272,961.02 plus $6,590.50 in accrued interest as of May 31, 2025, plus attorney fees of $25,800. Title review shows a second reverse mortgage to Urban Financial of America with a prior claim, plus the current foreclosure action. The property is a 907.59 m² rural parcel in Barrio Guanajibo near Carretera Estatal 102. Prior liens may survive the sale. Investors should confirm lien priority, estate claims, possession status, and verify that title encumbrances are acceptable before bidding.
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.
PR102 KM 14.2 Sec. Joyuda Bo, Guanajibo · 00623 · Puerto Rico
Rural parcel located in Barrio Guanajibo, Cabo Rojo, with an area of 907.59 square meters. Bounded to the north by the remaining land of Western Construction Development Corporation (61.00 meters), to the south by Parcel #4 (61.00 meters), to the east by lands of Western Construction Development Corporation (14.88 meters), and to the west by a public-use parcel separating it from State Road #102 (14.88 meters). Registered at Folio 211, Tomo 295 of Cabo Rojo, finca number 9257, Registry of San Germán.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Sep 2, 2026 | 11:30 AM | $258,000 | passed |
Second auction | Sep 9, 2026 | 11:30 AM | $172,000 | passed |
Third auction | Sep 16, 2026 | 11:30 AM | $129,000 | current round |
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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.