New Mexico Foreclosure Law Center
Foreclosures in New Mexico can be either judicial (where they go through court) or nonjudicial (where they bypass the court system). Either way, you are entitled to certain notices. Below you can learn about the key features of these procedures and notices. In addition, certain counties in New Mexico have implemented a foreclosure preventation mediation process. If you live in one of those counties, you may have the opportunity to negotiate with your lender and possibly avoid foreclosure.
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Summary of New Mexico's Foreclosure Laws
Learn about the key features of New Mexico foreclosure law.
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New Mexico HOA and COA Foreclosures
If you default on HOA or COA payments in New Mexico, the association may foreclose.
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Can I Reinstate My Mortgage to Save My Home From Foreclosure in New Mexico?
In New Mexico, homeowners facing a foreclosure might be able to stop the process by bringing the loan current, also known as "reinstating" the mortgage.
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