Redemption
0 mo
Max interest
1%
You buy the property itself, not a lien. There is no redemption period, so the sale is final. You earn 1% interest a month. You win with the highest bid. Sales are held on a schedule that varies by county.
Sale type
https://www.tax.newmexico.gov/businesses/property-tax-overview/delinquent-property-tax-auctions/
Redemption
https://www.tax.newmexico.gov/businesses/property-tax-overview/delinquent-property-tax-auctions/
Interest
https://www.tax.newmexico.gov/businesses/property-tax-overview/delinquent-property-tax-auctions/
Bid method
https://www.tax.newmexico.gov/businesses/property-tax-overview/delinquent-property-tax-auctions/
Sale timing
https://www.tax.newmexico.gov/businesses/property-tax-overview/delinquent-property-tax-auctions/
TRD Property Tax Division sells at public auction (7-38-65, -67); the sale extinguishes the tax lien. At least one parcel per county is offered annually unless postponed. Official NM Taxation and Revenue Department. | Prose: deed | 1% per month (12%/yr) on unpaid taxes (NMSA 1978, 7-38-49) | none; only 120-day federal IRS redemption period | public auction; minimum price not less than total delinquent taxes/penalties/interest/costs (7-38-67) | no set schedule; varies by county (sold after 3 years delinquent, within 4 years) (NMSA 7-38-65)
TRD Property Tax Division sells at public auction (7-38-65, -67); the sale extinguishes the tax lien. At least one parcel per county is offered annually unless postponed. Official NM Taxation and Revenue Department.
| County | FIPS | Platform | Health |
|---|---|---|---|
| Bernalillo County | 35001 | — | not_started |
| Catron County | 35003 | — | not_started |
| Chaves County | 35005 | — | not_started |
| Cibola County | 35006 | — | not_started |
| Colfax County | 35007 | — | not_started |
| Curry County | 35009 | — | not_started |
| De Baca County | 35011 | — | not_started |
| Doña Ana County | 35013 | — | not_started |
| Eddy County | 35015 | — | not_started |
| Grant County | 35017 | — | not_started |
| Guadalupe County | 35019 | — | not_started |
| Harding County | 35021 | — | not_started |
| Hidalgo County | 35023 | — | not_started |
| Lea County | 35025 | — | not_started |
| Lincoln County | 35027 | — | not_started |
| Los Alamos County | 35028 | — | not_started |
| Luna County | 35029 | — | not_started |
| McKinley County | 35031 | — | not_started |
| Mora County | 35033 | — | not_started |
| Otero County | 35035 | — | not_started |
| Quay County | 35037 | — | not_started |
| Rio Arriba County | 35039 | — | not_started |
| Roosevelt County | 35041 | — | not_started |
| San Juan County | 35045 | — | not_started |
| San Miguel County | 35047 | — | not_started |
| Sandoval County | 35043 | — | not_started |
| Santa Fe County | 35049 | — | not_started |
| Sierra County | 35051 | — | not_started |
| Socorro County | 35053 | — | not_started |
| Taos County | 35055 | — | not_started |
| Torrance County | 35057 | — | not_started |
| Union County | 35059 | — | not_started |
| Valencia County | 35061 | — | not_started |