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This is a reverse mortgage foreclosure on a single-family home in Urbanización Puerto Nuevo, San Juan. The property is part of the estate of José Antonio Burgos Manso, with multiple identified heirs and potential unknown heirs. The trustee for Finance of America Structured Securities is enforcing a reverse mortgage originally for $202,500.00, maturing in 2095. The estate owes $82,247.35 in principal plus $99,694.68 in accrued interest as of May 2026, along with $27,328.23 in mortgage insurance, $34,743.09 in maintenance fees, property taxes, hazard insurance, and other advances totaling over $290,000. The reverse mortgage is subordinate to a U.S. Department of Housing and Urban Development lien for the same $202,500.00 amount, which will survive the sale. Investors should confirm estate status, title clarity, and occupancy 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.
URB. PUERTO NUEVO, #1220 (49-BL), CALLE CAIRO (8), SAN JUAN, P.R. 00920 · 00920 · Puerto Rico
Lot number 49 in block BL of Urbanización Puerto Nuevo, located in Barrio Monacillos, Río Piedras, San Juan. Rectangular lot measuring 12 meters front by 21 meters depth (252 square meters total area), fronting north on street number 8 (Calle Cairo). The lot is bounded on the north, south, east, and west by land formerly owned by Everlasting Development Corporation. A concrete block and reinforced concrete house stands on the lot, consisting of two bedrooms, living-dining room, kitchen, and one bathroom. Registered as Finca 4870, folio 169, volume 135 of Monacillos, San Juan Property Registry Section III.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Aug 27, 2026 | 10:00 AM | $202,500 | passed |
Second auction | Sep 3, 2026 | 10:00 AM | $135,000 | passed |
Third auction | Sep 14, 2026 | 10:00 AM | $101,250 | 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 Mar 2026.