Residential property foreclosures in New Mexico occur through the judicial system. The court is required to issue a Notice of Sale and the terms of publication of that Notice of Sale are determined by the court in each individual case.
Different rules apply to commercial properties and the foreclosure terms are usually set by the individual loan documents for those properties.
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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified foreclosure lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local foreclosure attorney to discuss your specific legal situation.
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