DeedPilot

Chaves County, New Mexico

Tax Deed63,697 residents

County research last verified 2026-07. Office holders, platforms, and deposit rules change — re-confirm anything time-sensitive.

Sale typestate default

Tax Deed

Redemption periodstate default

None once the state Property Tax Division auctions the property (3-year delinquency threshold)

Investor returnstate default

N/A — outright deed transfer

Governing statutestate default

New Mexico Statutes Ch. 7, Art. 38

Notes

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.

Auction logistics

Format

In-person (State PTD oral public auction)

Frequency

Typically annual at Roswell Administrative Center when scheduled — confirm on PTD schedule

Deposit rules

In-person registration morning of sale; cash/certified funds per PTD terms for the full winning bid (minimum = taxes, penalty, interest, costs). Verify day-before that the parcel was not pulled/redeemed. County Treasurer supports research but does not run the real-property auction.

Title risk

Liens that survive the sale
State PTD tax deed process after multi-year delinquency is designed to convey title subject to federal liens and interests preserved by statute or sale terms. 2-year challenge period class under NM practice — verify current statute and deed terms. Full title search essential.
Quiet title
Often used after a NM tax deed for insurable title, especially improved residential in Roswell.

Deal maths for New Mexico

Assessment ratio
0.3333× of market value
Typical quiet title
$1,800–$5,000 · 5 mo
Recording and transfer
$250

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.

Offices and records

Areas trending up

Directional read from dated market analysis — not a guarantee, and not a substitute for your own comps.

Roswell / downtown–Main Street core

County-seat retail and tourism with selective SF rehab demand

North Roswell / hospital–college edge

Medical and education employment supporting rental and workforce SF

Dexter–Hagerman dairy corridor

Entry-priced SF and land with agribusiness employment; underwrite odor/water issues

Sources