New Mexico
Checked against official sources on 2026-10-27. Each statement is tied to the statute or agency page listed under Sources.
Not legal or financial advice. Rules change. Confirm with the county before you bid.
- Sale type
- Tax deed
Statute text
If the real property was sold substantially in accordance with the Property Tax Code, the deed conveys all of the former property owner's interest in the real property as of the date the state's lien for real property taxes arose
- Interest / penalty
- No interest rate; minimum bid is the taxes, penalty, interest and costs dueThe NM Taxation and Revenue Department holds the auctions
Statute text
The minimum bid is based on the total of taxes, penalty, interest and costs due.
Statute text
The Taxation and Revenue Department will hold delinquent property tax auctions
- Redemption
- None post-sale (Under review. Confirm with the county.)
Statute text
All property is sold "as is" and is not guaranteed. There are no refunds, and all sales are final.
- Bid method
- Oral bidding; bidders present in person or by agent
Statute text
Bidding is on an oral basis, and bidders must be physically present or be represented by an agent.
- Statute
- NMSA 1978 §7-38-67; §7-38-70
Statute text
A sale properly made under Section 7-38-67 NMSA 1978 constitutes full payment of all delinquent taxes, penalties and interest considered as a tax lien against the property at the time of sale. The sale extinguishes the tax lien only. No other liens are extinguished.
- Auction platform
- In person, usually at the county courthouse, run by the Taxation and Revenue Department
Statute text
Delinquent Property Tax Auctions are usually conducted at the county courthouse or in a similar location, as designated by the Taxation and Revenue Department, in the county where the properties are located.
- Auction timing
- No set schedule; held as title research and collection efforts are completed
Statute text
There is not a set schedule for public auction sales; sales are held annually and scheduled as title research is completed, all other collection efforts are exhausted
Counties 33
- Tax lien
- Tax deed
- Hybrid
- Redeemable deed
Summary
New Mexico's Taxation and Revenue Department holds delinquent property tax auctions in the counties where the properties are located. Bidders register in person on the day of the sale. Statute: NMSA § 7-38-67.
Statute text
Delinquent Property Tax Auctions are usually conducted at the county courthouse or in a similar location, as designated by the Taxation and Revenue Department, in the county where the properties are located.
Statute text
Individuals interested in bidding on property must register as bidders on the day of the sale. Registration will close promptly at the start of the sale.
Statute text
A sale properly made under Section 7-38-67 NMSA 1978 constitutes full payment of all delinquent taxes, penalties and interest considered as a tax lien against the property at the time of sale. The sale extinguishes the tax lien only. No other liens are extinguished.
The deed conveys the former owner's interest as of the date the state's tax lien arose. NMSA § 7-38-70(B).
Statute text
If the real property was sold substantially in accordance with the Property Tax Code, the deed conveys all of the former property owner's interest in the real property as of the date the state's lien for real property taxes arose
There is no interest rate; the minimum bid is the taxes, penalty, interest and costs due. NMSA § 7-38-67.
Statute text
The minimum bid is based on the total of taxes, penalty, interest and costs due.
Statute text
A sale properly made under Section 7-38-67 NMSA 1978 constitutes full payment of all delinquent taxes, penalties and interest considered as a tax lien against the property at the time of sale. The sale extinguishes the tax lien only. No other liens are extinguished.
El Departamento de Impuestos e Ingresos de Nuevo México realiza subastas de propiedades con impuestos en mora en los condados donde están las propiedades. Los postores se registran en persona el día de la venta. Estatuto: NMSA § 7-38-67.
Statute text
Delinquent Property Tax Auctions are usually conducted at the county courthouse or in a similar location, as designated by the Taxation and Revenue Department, in the county where the properties are located.
Statute text
Individuals interested in bidding on property must register as bidders on the day of the sale. Registration will close promptly at the start of the sale.
Statute text
A sale properly made under Section 7-38-67 NMSA 1978 constitutes full payment of all delinquent taxes, penalties and interest considered as a tax lien against the property at the time of sale. The sale extinguishes the tax lien only. No other liens are extinguished.
La escritura transfiere el interés del antiguo dueño a la fecha en que surgió el gravamen fiscal del estado.
Statute text
If the real property was sold substantially in accordance with the Property Tax Code, the deed conveys all of the former property owner's interest in the real property as of the date the state's lien for real property taxes arose
No hay tasa de interés; la puja mínima es el total de impuestos, multa, interés y costos adeudados.
Statute text
The minimum bid is based on the total of taxes, penalty, interest and costs due.
Key points
- State-run auction — NM Taxation & Revenue Dept. conducts sales, not counties
Statute text
The Taxation and Revenue Department will hold delinquent property tax auctions
- Auctions are for taxes delinquent at least four years
Statute text
The auctions are intended to collect delinquent property taxes when taxes have been delinquent for at least four years.
- The sale extinguishes the tax lien only; other liens are not extinguished
Statute text
A sale properly made under Section 7-38-67 NMSA 1978 constitutes full payment of all delinquent taxes, penalties and interest considered as a tax lien against the property at the time of sale. The sale extinguishes the tax lien only. No other liens are extinguished.
- Inspections must be from outside the property; trespassing is not allowed
Statute text
Site inspections must be held outside of the property boundaries; trespassing is not allowed.
Risks
- Property is sold "as is"; no refunds, all sales final
Statute text
All property is sold "as is" and is not guaranteed. There are no refunds, and all sales are final.
- Other liens survive the sale
Statute text
A sale properly made under Section 7-38-67 NMSA 1978 constitutes full payment of all delinquent taxes, penalties and interest considered as a tax lien against the property at the time of sale. The sale extinguishes the tax lien only. No other liens are extinguished.
- La propiedad se vende "tal cual"; sin reembolsos, todas las ventas son finales
Statute text
All property is sold "as is" and is not guaranteed. There are no refunds, and all sales are final.
- Otros gravámenes sobreviven a la venta
Statute text
A sale properly made under Section 7-38-67 NMSA 1978 constitutes full payment of all delinquent taxes, penalties and interest considered as a tax lien against the property at the time of sale. The sale extinguishes the tax lien only. No other liens are extinguished.
Extra due diligence
- Review the chain of title before the sale; that is the buyer's job
Statute text
The responsibility to inspect the property and review the chain of title belongs to the buyer prior to the sale.
- Revise la cadena de título antes de la venta; es responsabilidad del comprador
Statute text
The responsibility to inspect the property and review the chain of title belongs to the buyer prior to the sale.
How to sign up for the auction
Platform: In-person auction run by the Property Tax Division
Statute text
Bidding is on an oral basis, and bidders must be physically present or be represented by an agent.
- Find the auction notice, terms and property list on the Delinquent Property Tax Auctions page at tax.newmexico.gov
Statute text
The notice for the hearing, the Terms of the Property Tax Division Public Auction sale, and a list of the properties that are going to be in the auction can be located above by clicking the links under the "Downloadable PDFs"
- Register in person on the day of the sale; registration closes when the sale starts
Statute text
Individuals interested in bidding on property must register as bidders on the day of the sale. Registration will close promptly at the start of the sale.
- Bid orally in person or through an agent
Statute text
Bidding is on an oral basis, and bidders must be physically present or be represented by an agent.
- Pay by cashier's check, money order, or personal or company check
Statute text
All payments at public auctions must be in the form of a cashier's check, money order, personal check or company check.
Deposit: Payment by cashier's check, money order, or personal or company check Personal and company checks need a letter from the issuing bank at registration
Statute text
All payments at public auctions must be in the form of a cashier's check, money order, personal check or company check.
Statute text
A letter of guarantee from the issuing bank must accompany personal and company checks at the time of registration.
Platform: Subasta en persona realizada por la División de Impuesto a la Propiedad
Statute text
Bidding is on an oral basis, and bidders must be physically present or be represented by an agent.
- Busque el aviso, los términos y la lista de propiedades en la página de subastas de tax.newmexico.gov
Statute text
The notice for the hearing, the Terms of the Property Tax Division Public Auction sale, and a list of the properties that are going to be in the auction can be located above by clicking the links under the "Downloadable PDFs"
- Regístrese en persona el día de la venta; el registro cierra al iniciar la venta
Statute text
Individuals interested in bidding on property must register as bidders on the day of the sale. Registration will close promptly at the start of the sale.
- Puje oralmente en persona o mediante un agente
Statute text
Bidding is on an oral basis, and bidders must be physically present or be represented by an agent.
- Pague con cheque de caja, giro postal o cheque personal o de empresa
Statute text
All payments at public auctions must be in the form of a cashier's check, money order, personal check or company check.
Depósito: Pago con cheque de caja, giro postal o cheque personal o de empresa Los cheques personales y de empresa requieren una carta del banco emisor al registrarse
Statute text
All payments at public auctions must be in the form of a cashier's check, money order, personal check or company check.
Statute text
A letter of guarantee from the issuing bank must accompany personal and company checks at the time of registration.
Over the counter (OTC)
Confirm with the Taxation and Revenue Department.
Statute text
PTD does not hold sales in all 33 counties each year.
Platforms
- tax.newmexico.gov
Statute text
The notice for the hearing, the Terms of the Property Tax Division Public Auction sale, and a list of the properties that are going to be in the auction can be located above by clicking the links under the "Downloadable PDFs"
La lista de condados y las fuentes están en inglés.
Sources
- § 7-38-70(B) NMSA 1978 (as quoted by TRD) — checked 2026-10-27
- www.tax.newmexico.gov/businesses/delinquent-property-tax-auctions/ — checked 2026-10-27
- biz.nm.gov/newsroom/updated-press-release-delinquent-property-tax-auctions-scheduled-in-ma-100002756 — checked 2026-10-27
- § 7-38-67 NMSA 1978 (as stated by TRD) — checked 2026-10-27
Checked against official sources on 2026-10-27. Each statement is tied to the statute or agency page listed under Sources.
County records come from the directory's research files (dated where shown). Always confirm dates, deposits and rules with the county office before you bid. Report an error.
Not legal or financial advice. Rules change. Confirm with the county before you bid.