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This is a mortgage foreclosure auction against the estate of Germán Bermúdez Vélez for a 351 m² rural parcel in Brisas de Santa María, Vieques. The plaintiff is a mortgage trust enforcing a 2011 HUD-backed loan originated at $189,000 principal at 5.06% annual interest, maturing in 2082. The total debt is $198,896.26, including principal, accrued interest since December 2020, insurance premiums, servicing charges, and $18,450 in legal fees. The property is clear of prior liens. A second HUD mortgage for the same amount, also from 2011, appears as a posterior lien and may complicate title unless clarified. Investors should verify whether both mortgages secure the same debt or represent separate obligations. The estate is unrepresented, and heirs are unknown. Sale terms require cash or manager's check payable to the marshal. Possession and occupancy status are not disclosed.
Marcada con el número 66 en el plano de parcelación de la comunidad rural Brisas de Santa María del Barrio Florida del término Municipal de Vieques,, Puerto Rico · 00765
Parcel 66 in the rural community of Brisas de Santa María, Barrio Florida, Vieques. 351 square meters. Bounded north by Street 3, south by parcel 79, east by parcel 65, west by parcel 67. Registry: Fajardo, Folio 7, Volume 80, Finca 3561.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Jul 1, 2026 | 1:00 PM | $184,500 | passed |
Second auction | Jul 8, 2026 | 1:00 PM | $123,000 | passed |
Third auction | Jul 15, 2026 | 1:00 PM | $92,250 | passed |
Recorded sale | Jul 21, 2026 | Time not recorded | $94,500 | Possible auction sale |
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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.
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