This is a judicial foreclosure auction brought by Federal National Mortgage Association T/C/C Fannie Mae after a court judgment, not a voluntary sale. The auction appears to involve a single property in Ponce, so bidders should review whether the collateral description in the notice matches the property they intend to underwrite. For investors, the main diligence issues are title status, lien priority, taxes, physical condition, occupancy, and possession risk. The notice indicates that prior or preferential liens may survive the sale, so lien priority and title status should be reviewed carefully. The winning bidder may need to address possession or occupant removal after the sale.
Radicado en la Urbanización Estancias del Golf Club, localizada en el Barrio Magueyes del término municipal de Ponce,, Puerto Rico. Número del solar 18 del Bloque ‘AC’ (AC-18)
URBANA: Solar. En lindes por el NORTE, en una distancia de 13.702 metros, con la Calle A-6; por el SUR, en una distancia de 11.680 metros, con el solar número 12 del Bloque ‘AC’ (AC12); por el ESTE, en una distancia de 25.00 metros, con el solar número 19 del Bloque ‘AC’ (AC-19); y por el OESTE, enuna distancia de 25.00 metros, con el solar número 17 del Bloque ‘AC’ (AC-17). Contiene una casa en concreto para fines residenciales
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