San Juan · Santurce · Obrero

This is a mortgage foreclosure auction of a 125-square-meter residential lot in Barrio Obrero, Santurce Norte, San Juan. Fannie Mae is enforcing a debt of $26,735.26 in unpaid principal plus 5.125% annual interest, costs, and attorney fees. The property is encumbered by a prior $15,000 interest-free mortgage held by the Puerto Rico Housing Finance Authority, which will survive the sale. The estate of the original borrower, Tania Nuñez Hidalgo, is the defendant, with two known heirs and unknown parties. The appraised value is $54,000. The court will place the winning bidder in possession within twenty days, with eviction authority if needed. Investors should conduct title, lien, tax, and occupancy diligence, and confirm the status of the prior mortgage.