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This auction involves a reverse mortgage foreclosure on a single-family home in San Juan. The plaintiff trustee is foreclosing on a reverse mortgage originated in 2012 for HUD with an original principal of $213,000 at 5.060% annual interest, maturing in 2082. The borrower owes $75,493.72 in principal plus $128,349.90 in accrued interest as of February 2026, along with attorney fees of $21,300. A subordinate reverse mortgage to HUD for $213,000 is also recorded on the property. Investors should note that reverse mortgages accrue interest over time and the debt balance may differ significantly from the original loan amount. The property is a reinforced concrete and concrete block house on a 351 m² lot in Urbanización Colinas de Montecarlo, Barrio Sabana Llana. The notice states no prior liens exist, but the HUD reverse mortgage is subordinate. Bidders must pay cash, postal money order, or certified check at the time of sale. The current occupants will be evicted within twenty days of the auction.
A-3 Calle 23, Urb. Colinas de Montecarlo, San Juan, PR 00924 · 00924 · Puerto Rico
Lot number 3 of Block A in Urbanización Colinas de Montecarlo, located in Barrio Sabana Llana, San Juan. The 351 m² lot borders lot 2 to the north (27 meters), lot 4 to the south (27 meters), street 23 to the east (13 meters), and lots 31 and 32 to the west (13 meters). The property contains a reinforced concrete and concrete block house used as a dwelling. Registered as Finca 19,383 at folio 7, volume 482 of Sabana Llana, Property Registry of Puerto Rico, Section V of San Juan.
| Round | Date | Time | Price | vs last sale | Status |
|---|---|---|---|---|---|
First auction | Aug 25, 2026 | 10:30 AM | $213,000 | +113% | passed |
Second auction | Sep 1, 2026 | 10:30 AM | $142,000 | +42% | passed |
Third auction | Sep 9, 2026 | 10:30 AM | $106,500 | +6% | passed |
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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 Jul 2026.