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Updated almost 18 years ago,
New Mexico Tax Deeds
Hello everyone! I am looking into purchasing tax deed here in southern New Mexico. I have read the state statutes (reading state statutes is boring i must say) that pertain to this and have a pretty good understanding of the process. I just have a few questions:
In NM there is no redeption period for previous owners, however when you purchase the tax deed all other mortgages, liens, and any other burden on the deed are not removed, so you end up with them. So I think much title research is needed.
My real question is inregards to the actual deed. It is transfered via a quitclaim deed. Anyone know what would have to be done for my to get a full title of the property with the quitclaim? I assume I would have to ensure there were no other interest in the property, but other than that I am not sure.
All comments/help are greatly appreicated!
-Martin