New Mexico Tax Deeds

 Sale Type:  Tax Deed
 Interest Rate:  N/A
 Bid Method:  Competitive High Bid
 Redemption Period:   N/A
 Sale Date(s):  Year Round
 State Statute(s):  CH 7, Article 38
 Over-the-Counter:  No
 State Website:  http://www.newmexico.gov/
  • Tax Sales are handled by the state in New Mexico. After three years of delinquency, the county treasurer passes the property account over to the state for delinquent real property tax collection.
  • With the state being the one handling the sale, very few county treasurers have tax sale data available online. Use the link above to check the State Property Tax Division first and foremost.

In New Mexico, the tax collector or treasurer will sell tax deeds to the winning bidders at the delinquent property tax sale.

Tax Sale Type: Tax Deed. (Sec. 7-38-70a ).

Contact: County Assessor-Collector. (Sec. 7-38-62 ).

Interest Rate and/or Penalty Rate: Not applicable.

Bid Procedure: Premium bid / highest bid. (Sec. 7-38-67 ).

Redemption Period: Not applicable.

Law: New Mexico Statutes, Chapter 7, Article 38, “Administration and Enforcement of Property Taxes.”

Additional Notes:

Important According to (Sec. 7-1-49 ) when an investor purchase a property at a New Mexico Tax Deed Sale the investor takes it ‘subject to all outstanding prior interests and encumbrances (i.e., mortgages) of record‘.