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This property is being auctioned as part of a mortgage foreclosure by the USDA Rural Development for a loan originally made in 1993 and reamortized in 1997. The borrowers defaulted in August 2010, and the balance owed is $42,419.31 plus accrued interest at 7.75% annually, late charges, and $5,500 in legal costs. The property is a 965-square-meter rural parcel in Barrio Palos Blancos, Corozal. Title research shows three federal tax liens filed in 2013 against the defendants totaling approximately $15,177.34, which are junior to the USDA mortgage and will not be cleared by the foreclosure sale unless paid. The sale is for cash or manager's check, and the winning bidder assumes any surviving prior liens, though the registry indicates none senior to the mortgage being foreclosed.
Carr. 811 KM 4.0 Int., Bo. Palos Blancos, Lote A · 00783 · Puerto Rico
Rural parcel in Barrio Palos Blancos, Corozal, identified as Lot A on the survey, measuring 965.1106 square meters. Bounded on the north by Reinaldo Berrios; on the south by Fernando Santiago and a strip of land dedicated to public use serving as access; on the east by segregated Lot B; and on the west by Fernando Santiago. Located on Route 811, KM 4.0 interior.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Nov 3, 2026 | 9:30 AM | $55,000 | current round |
Second auction | Nov 10, 2026 | 9:30 AM | $36,667 | upcoming |
Third auction | Nov 17, 2026 | 9:30 AM | $27,500 | upcoming |
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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 Jun 2026.