@Mike CostelloYou could google Fannie Mae note and security instrument Those are standard templates and could be done by yourselves for free.

Seller is now 6 days in breach of contract and claiming they have no paperwork to provide us (even though they have claimed this before) although I know for a fact documentation exists as they have provided another trust instrument.  

Assuming that in addition to the quit claim that transferred ownership from you to them you also did some security instrument (e.g., "deed of trust" or "mortgage") that gave you a security interest in the property then you will need to do a foreclosure.

Knowledge that is needed to be, not just good, but very good at what the RE investing profession demands, in terms of both education and legal requirements.In the not so distant past, I worked as a professionally qualified field service engineer in the area of biomedical instrumentation.

So in my opinion, what you've experienced is a lack of appreciation or non-communication that those individual lender employees are just not financially incentivized to problem-solve with you.The best bankers and other debt officers are the ones who don't just open whatever account or apply for whatever product you ask for, but who ask about the ends and then reverse-engineer the means.You're probably best off with a lawyer who won't mind diving into the language of your current business loan instrument.

you really should talk to a few lenders to get details about how their loan instruments will work best for you - thus improving your exit strategy (goal of purchase/investment).furthermore - the bottom line is ARE YOU BUYING BELOW MARKET VALUE?

If a tax investor filed for deed, that makes it sound like redemption period is over and the tax cert or similar instrument foreclosed.  

@Patrick Blewett as @Marc C. alluded to, a very popular instrument in NM is a Real Estate Contract (REC), very similar to a land contract but with some caveats.  

He has been very instrumental in helping me to acquire my first properties as I am a fairly new investor as well!!!

In the idea of a NPN, this will also be required in order to substitute a plaintiff in a foreclosure action or other legal matters.A debt investor who provides capital and then places a security instrument in place such as a UCC lien will have other issues in regards to UCC regulations.