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County Courthouse Auction Type: Tax Deed |
If Lea county, New Mexico is unable to collect real estate property taxes they are also unable to provide important government services like police protection, public schooling and medical services.
Unpaid property taxes create a serious cashflow problem for Lea county, New Mexico.
Property taxes that are delinquent are added to any previously uncollected taxes on a parcel of Lea county. Parcels whose taxes are subject to sale will be advertised in a Lea county newspaper of general circulation. They are listed by sequence number. Parcels fall into 1 of 2 groups. Each group is sorted by parcel number.
The advertisement appears about three to six weeks before the Lea county tax sale auction and is also posted on the Internet.
To solve this problem Lea county, New Mexico allows investors to pay off these taxes. In exchange the investor receives the Lea county, New Mexico lien for taxes. A tax lien is simply a claim for delinquent taxes.
Why would investors do this?
Well, depending on New Mexico laws and competition, savvy Lea county tax sale investors can realize high-yielding returns with New Mexico tax lien certificates and/or purchase real estate for a fraction of its true market value with New Mexico tax deeds.
| Name: | Position: | Email: |
| Troy Teague | Commissioner, Chair, District 2 | harry.teague@teacoenergy.com |
| Randall McCormick | Commissioner, District 1 | McCormicktire@valornet.com |
| Hector Ramirez | Commissioner, District 4 | hr88244@aol.com |
| Gary Schubert | Commissioner, District 3 | |
| Darrold Stephenson | Commissioner, District 5 | |
| Ronald Rice | Sheriff | rrice@leacounty.net |
| Pam Zimmerman | Treasurer | pzimmerman@leacounty.net |
| Shirley Tyler | Assessor, District 6 | styler@leacounty.net |
| Melinda Hughes | Clerk | mhughes@leacounty.net |
Please contact the county to get the most current information. To report any errors, updates, deletions or additions click here.
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Robert G. Allen Nothing Down Real Estate Discover how to purchase real estate without cash, credit or a lot of experience. http://www.robertgallen.com |
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