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Does New Mexico Law Allow for a Redemption Period After a Foreclosure?

Yes, New Mexico law allows a borrower to redeem a property within nine months of the foreclosure sale date. The borrower must pay the foreclosure sale price, costs, fees and interest in order to redeem the property.

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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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