In this state, can an individual buy a property for back taxes? Do they own it free and clear once they buy?
it? As the new owners, would they be liable for any liens on the property?
Answers (2)
Usually done by Auction. Auctions are conducted at the county court house steps. They require cash for winning bid. Let us know what type of property you are interested and we can send you notification of actions.
Mark.Wingert@ColdwellBankerLegacy.com
FIRST ANSWER
Yes, we auction them (no lien certs). We have a few coming up this month. You can see the schedule and other info here: http://www.tax.state.nm.us/ptd/salesche.htm
Web Reference: http://www.real-estate-albuquerque.com
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