USDA lists repossessed houses for sale in Puerto Rico
The inventory is listed online, and shows the properties on a searchable map by municipalities, said José Otero-García, Rural Development State Director for Puerto Rico.
Once the property is found and selected, the interested buyer can call the USDA’s area office were the property is located. Information is also available on loan requirements at www.rd.usda.gov/pr.
Otero-García said there are dwellings that are in good conditions and represent “a great opportunity to own a property at an excellent price that is safe to live in with your family.”
“The agency can provide the financing of the property with its programs, including one that can qualify [the buyer] for a subsidy on the monthly payment or the guarantee program,” he said.