Second delinquent property tax auction set for next week

The New Mexico Taxation and Revenue Department has scheduled a delinquent property tax auction next week Valencia County.

The state attempts to collect delinquent property taxes when counties are unable to do so. If the state is unable to collect the delinquent taxes, the subject properties are auctioned for sale.

The Valencia County auction will take place at 10 a.m., Thursday, April 20, in the Daniel Fernandez Gymnasium, 1103 N.M. 314, Los Lunas.

Registration opens at 8 a.m. and closes when the auction begins at 10 a.m.

Bidders must be registered to participate.

 

Agents are allowed to bid on behalf of others but must provide documented proof that they are a bona fide agent. Only in-person bids will be accepted.

Successful bidders are required to make payment in full prior to the conclusion of the auction. Payment can be made by money order, certified check, cash, cashier’s check or a personal or business check if accompanied by a bank letter of credit guaranteeing funds are available in the amount of or in excess of the bid.

The auction will be of multiple properties in southern Valencia County, and many of the parcels are adjoining. A list of the properties for auction can be found here.

Properties have what’s called a “simple description” of their location, typically the street they are located on or near, but no numerical address. To find the precise location of a property in the auction, visit the Valencia County website — co.valencia.nm.us — and under “Our County” click on “Assessor” under “Elected Officials.”

From there, click on “Assessor Parcel Map” on the left side of the page. A GIS map of the county will load and in the upper right hand corner of the page is a search bar. Type in the account number of a parcel, which begins with an “R” followed by six numbers, hit the enter key and the system will locate the parcel.

This is the second auction the department has held in Valencia County in the last month. The first, held on March 15, saw 73 properties go up for auction and sell that day. Nearly 200 people turned out to bid on the properties.

More information, including terms of the auction sales, is available on the Delinquent Property Tax Auctions page at tax.newmexico.gov. Announcements of future auctions also will be available there.