This is a mortgage foreclosure auction for a single-family home in Urbanización La Alborada, San Juan. E.M.I. Equity Mortgage is enforcing a March 2021 mortgage after the borrower defaulted. The balance owed is $252,736.47 in principal as of June 1, 2024, plus 3% annual interest, 4% late charges on overdue payments, and $27,126.90 in attorney fees and costs. The property is appraised at $271,269 and will be sold free of junior liens once the court confirms the sale. According to the notice, no prior or preferred liens encumber the property based on the title study. Bidders must pay cash or certified check and accept the title as sufficient. The winning bidder assumes responsibility for any surviving senior liens, though none are identified here.
Urb. La Alborada A-13 Calle Traviata · 00926 · Puerto Rico
Lot A-13 in Urbanización La Alborada, located in Barrio Cupey, Río Piedras, San Juan. The lot measures 424.78 square meters. It is bounded to the north by Calle Traviata (15 meters), to the south by Sucesión Márquez (15.012 meters total), to the east by lot 14 (28.26 meters), and to the west by lot 12 (28.34 meters). The property contains a single-family house.
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