Property Tax

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...

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Why are County Treasurers selling mobile homes?

To collect delinquent taxes, the County Treasurer is authorized to seize a mobile home and sell it for taxes under authority of a demand warrant according to Section 7-38-53 NMSA 1978 of the Property Tax Code.

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