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This is a mortgage foreclosure auction initiated by Banco Popular de Puerto Rico against Miguel Jesús Velázquez Rosado for a residential property in Vega Baja. The original mortgage was issued by Doral Mortgage LLC in 2008 for $94,000 at 8.75% annual interest, with a maturity date of February 1, 2018. The property is a single-family concrete home on a 532-square-meter lot in Urbanización Villas de la Playa. A demand notice was filed in January 2026, indicating the loan is likely in default beyond its 2018 maturity. Investors should conduct title diligence to verify lien status, confirm current possession and occupancy, assess property condition, verify tax status, and review any junior liens or encumbrances that may affect the sale.
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.
Radicado en la Urbanización Villas de la Playa, situado en el Barrio Puerto Nuevo de la municipalidad de Vega Baja,, Puerto Rico. Número del solar: 10 del bloque B
Lot #10, Block B, in Urbanización Villas de la Playa, Barrio Puerto Nuevo, Vega Baja. The lot measures 532.00 square meters and borders: NORTH, 28.000 meters with lot #8 and lot #9 of Block B; SOUTH, 28.000 meters with lot #11 of Block B; EAST, 19.000 meters with lots #2 and #3; WEST, 19.000 meters with Boquerón Street. A single-family concrete residence is built on this lot. Registered at folio 199, mobile volume 391 of Vega Baja, Finca 28,287, Property Registry of Bayamón, Section IV
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Sep 10, 2026 | 10:00 AM | $220,792 | passed |
Second auction | Sep 17, 2026 | 10:00 AM | $147,195 | current round |
Third auction | Sep 24, 2026 | 10:00 AM | $110,396 | 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 Aug 2026.