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823 Country Club Dr Se Unit 1e, Rio Rancho, NM 87124

HomeStepsReal EstateπŸ“Rio Rancho, NM

Current bid:

$119,900

Time Left

NaNm

Ends Invalid Date

Market demand: Real Estate in New Mexico sell about 2% of the time. Based on 92 completed sales over the last year.

Title and tax regime in New MexicoClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in New Mexico: New Mexico is a tax deed state. The county sells the property itself. You take ownership at the sale, subject to whatever the sale did not wipe out. There is no statutory redemption period after the sale. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Seller

Freddie Mac (HomeSteps)

Condition: REO / sold as-is

Full Description

Freddie Mac HomeSteps REO home at 823 Country Club Dr Se Unit 1e, Rio Rancho, NM, 87124. Condo/Co-op, 1 bed, 1 bath. Sold as-is by Freddie Mac; submit an offer through a real-estate agent.

Pickup information

Rio Rancho, NM 87124

Freddie Mac (HomeSteps)

Freddie Mac HomeSteps REO home. Offers are submitted through a licensed real-estate agent; see homesteps.com.
Title and tax regime in New MexicoClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in New Mexico: New Mexico is a tax deed state. The county sells the property itself. You take ownership at the sale, subject to whatever the sale did not wipe out. There is no statutory redemption period after the sale. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

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