Sep 24, 2026 · 7 days ago· 10:00 AM
Often used after a NM tax deed for insurable title, especially improved residential in Roswell.
New Mexico delinquent property tax auctions are run by the State Taxation and Revenue Department Property Tax Division (PTD) — not a county lien certificate sale. After multi-year delinquency, the County Treasurer turns properties over to the State and PTD auctions them. Chaves County (Roswell) has hosted PTD auctions at the Chaves County Administrative Center (#1 St. Mary's Pl, Roswell) — e.g. prior June cycle at 10:00 a.m. Confirm next Chaves date on tax.newmexico.gov Delinquent Property Tax Auctions schedule. Minimum bid = taxes + penalty + interest + costs. County Treasurer 575-624-6618 supports research but does not run the deed auction. Roswell / dairy-ag and aerospace market.
Inherited from New Mexico rather than researched for Chaves: type, redemption, returns, statute.
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Spread is not profit.It compares the opening bid to the county's assessed value, which is not market value — NMSA 1978, § 7-37-3: taxable value is one third (33⅓%) of the net taxable value of the property. New Mexico applies this uniformly statewide rather than by class or county. Open a parcel to run the full max-bid analysis, which accounts for the assessment ratio, surviving liens, quiet title, and holding costs.