Example of a Foreclosure.
Judicial Foreclosure List:
Some of Today’s Foreclosures.
Heredia, Barba, lot with house, 702m2, 1st bid 1,110.000.00 C.R. colones, 2nd bid 832.500.00 C.R. colones, 3rd bid 277.500 C.R. colones, approximately.
Alajuela, Naranjo, Coffee and pasture terrain, 6.809m2, 1st bid 1,397.019.20 C.R. colones, 2nd bid 1,1047.774 C.R. colones, 3rd bid 349.254.80 C.R. colones, approximately.
San Jose, San Francisco dos Rios, lot with 2-story building, 292m2, 1st bid $81,750 dollars, 2nd bid $61,312 dollars, 3rd bid $20,473.50 dollars, approximately.
To give you a brief overview of what different part of a Foreclosure publication mean, we encourage you to read the following example.
Introduction of such a Foreclosure
1-In the outer door of this office, free of all liens at the eleventh hour of the tenth of June two thousand and nine, and with a starting bid of five hundred and twenty-three thousand and thirty-six U.S. dollars and twenty-three cents.
1-The first part is the hour, date and starting bid with which the Foreclosure will take place..
2-To the highest bidder Foreclosure the following: Farm registered in the office of Public Records, province of Heredia, property section, under the system of Folio Real, registration number 161935-000 which is property to build with a bedroom house ranch of one level, pool and warehouse. Situated in the province of Heredia, San Jose district and in the San Isidro area. Borders: to the north, Guillermo Ramirez Arce; to the south, public street with 30m of front; to the east, Ileana Ugalde Soto; and to the west, Victor Ortega Martinez. Measures: Two thousand and forty five hundred twenty-three meters square decimeters.
2-In this part is located the folio and registration number with which the property is registered in the Public Registry, restriction, property description, address and measurements of the lot.
3-For the second Foreclosure the hour is set at the eleven hours of the twenty-fifth of June of two thousand and nine, with the starting bid of three hundred and ninety-two thousand two hundred and seventy-seven dollars with seventeen cents (twenty five percent reduction).
3-This indicates the date and time and the starting bid of the second Foreclosure.
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4-For the third Foreclosure the hour is set at the eleven hours of the tenth of July of two thousand and nine with a starting bid of one hundred and thirty thousand seven hundred and fifty nine U.S. dollars and six cents (twenty-five percent of the initial bid).
4-This indicates the date, time and starting bid of the third Foreclosure
5-It is auction off by orders of the foreclosure process of National Bank of Costa Rica against Carlos Rodriguez Mena, Valentine & Jernigan S.A. file number 08-0003390-1012-CJ.Specialized Court Collection, Second Judicial Circuit of San Jose, Goicoechea, February 18 of 2009.-Lic. Latiff Andrea Brenes- Judge. No. 92,789.-(18783)
5-This indicates the parties involved, case number and court where they will perform and the date the ruling was made, and also the judge who presided..
If you want to know more information we invite you to subscribe to our course of Judicial Foreclosures.
since 1996.
