This is a judicial foreclosure auction after a court judgment, not a voluntary sale. The auction appears to involve a condominium or apartment unit in San Juan, 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, HOA or maintenance fees, occupancy, and physical condition. The notice indicates that prior or preferential liens may survive the sale, so lien priority and title status should be reviewed carefully.
Condominio Villas De Las Flores A 101, 7050 Carr. 844 · Puerto Rico
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Apartment A-101 on the northeast side of the first floor of Building A in the Villas De Las Flores condominium, located on State Highway PR-844 at kilometer 0.8 in Barrio Cupey Bajo, Río Piedras ward of San Juan. The unit has an area of 1,046.67 square feet (97.24 square meters) and includes living-dining room, kitchen, laundry, three bedrooms, two bathrooms, hallway, and balcony. Assigned parking space number 33. The unit holds a 2.30% interest in the condominium common elements.
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