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This foreclosure auction involves rural property in Lares acquired through mortgage by the deceased borrowers Rosalina Ramírez Martí and Enrique Lugo Ríos. GITSIT Solutions, as trustee for GV Trust 2025-1, is enforcing the mortgage after default in July 2021. The balance owed is $332,927.19 plus 7.125% annual interest, service charges, insurance premiums, and $14,300 in attorney fees. The property is a 5,571.98 m² rural parcel in Barrio Callejones. Fourteen named heirs and unknown heirs are defendants in the estate proceedings. The title study shows no prior liens but notes a pending lawsuit annotation. Investors should verify estate administration status, heir claims, occupancy, access via municipal road, and whether all heirs have been served before bidding.
SR 454, Km. 0.1 (Int.) · 00669 · Puerto Rico
Rural property in Barrio Callejones, Sector Campana, Lares, on a municipal road at SR 454, Km 0.1 (interior). The 5,571.98 m² parcel borders segregated lot 1 and the municipal road to the north, segregated lot 2 to the south, property of Jimmy Vélez to the east, and the municipal road to the west. Registered as finca 500,026 at folio 24 of volume 243 of Lares in the Utuado Property Registry.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Aug 18, 2026 | 1:30 PM | $143,000 | passed |
Second auction | Aug 25, 2026 | 1:30 PM | $95,333 | passed |
Third auction | Sep 1, 2026 | 1:30 PM | $71,500 | passed |
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View pricingThis sample uses recorded transfers; transfer context may not indicate an open-market sale. 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 2022.