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  3. Does New Mexico have a right of redemption for former owners?

Does New Mexico have a right of redemption for former owners?

Offer a two-year limitation for the former owner to challenge the sale under Section 7-38-70 NMSA 1978. The only redemption period in New Mexico is a 120-day federal IRS redemption. The IRS has 120 days after the auction to buy the property from the successful bidder up to the amount purchased.