Hobbs, NM · Lea County Foreclosure
Can I sell my Hobbs house in foreclosure?
If a foreclosure sale is scheduled, tell us the date right away so we can try to close before it.
Yes, you may still be able to sell before the foreclosure sale if closing pays the mortgage and resolves the other claims against the house. New Mexico mortgage foreclosures go through district court. The court-ordered sale date matters because it can change what you own and how much time remains. If a sale has already happened, New Mexico has a separate right to redeem after a judicial sale, but a mortgage can shorten that period substantially.
USA Home Buyers buys houses as-is in Hobbs, New Mexico and Lea County. We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us.
Call 888-274-5006 to talk about the house and the date on your notice.
We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Share the property address and any foreclosure or sale-date information you have.
How we help you work toward closing
We review the house as-is, the payoff information, and the timing in your notice. You get a written offer and written terms before you commit; if you choose to move forward, closing is through a title company. The title company reviews title, mortgage payoff, and other claims and coordinates the closing steps.
A possible sale depends on whether the required payoff and other claims can be addressed and the closing can happen before the court-ordered sale. Keep checking your notice and court information for the current date. If a foreclosure sale is scheduled, tell us the date right away so we can try to close before it.
New Mexico mortgage foreclosure and sale dates
New Mexico mortgage foreclosures go through district court. A court-ordered sale can change what you own and how much time remains, so use the date and instructions in the actual court papers rather than a general timeline. If a judicial sale has happened, state law provides a separate right to redeem, but a mortgage can substantially shorten that period. Read the mortgage and court papers and get advice about the dates that apply to your case (NMSA §§39-5-18 and 39-5-19).
Read the New Mexico Supreme Court's redemption handout and the New Mexico Court of Appeals decision about mortgage terms shortening redemption. For process guidance, see the New Mexico Courts foreclosure guide.
Mortgage foreclosure or Lea County tax sale?
A mortgage foreclosure concerns the home loan and goes through district court. A delinquent property-tax sale is a separate process with its own notice and deadlines. This page covers mortgage foreclosure; do not use a mortgage-case date to work out a property-tax deadline. Follow the tax notice and contact the County office that handles it.
The Lea County Treasurer is a County office in Lovington, not a City of Hobbs office. It handles property-tax collection and provides the County's delinquent tax-sale information. Call 575-396-8643 or visit the Lea County Treasurer's page for County tax-account information.
If the payoff is the problem
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before.
A current payoff statement and title review help show the amounts that would need to be addressed at closing. Mortgage balances, liens, back taxes, and your share of current property taxes are separate from closing costs.
What happens next
- Call or send the property address and the notice or case information you have.
- We review the house as-is and give you written offer terms before you commit. We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us.
- If you choose to proceed, a title company reviews title, mortgage payoff, liens, and other amounts and coordinates the closing steps.
- When you sell to us, we pay the closing costs. Your mortgage, liens, back taxes, and share of current property taxes are separate amounts reviewed for closing.
You don't need to pay off your back taxes before we settle. We buy houses with back taxes and liens — payoffs get handled through the closing, not by you upfront.
It's real estate. Sometimes there are bumps in the road. We won't disappear when that happens, and we'll be fighting to get this to the closing table.
New Mexico and Lea County resources
Check the court papers for the current mortgage-sale date and procedures. The state courts explain New Mexico's foreclosure process; the Lea County Treasurer provides a separate route for property-tax and delinquent tax-sale information.
- New Mexico Courts foreclosure guidance explains the state court process.
- Lea County Treasurer — County property-tax collection and delinquent tax-sale information.
Estimate possible sale proceeds with the Hobbs calculator → Use it as a planning estimate, not a property-specific offer.
Questions about selling before foreclosure in Hobbs, NM
Can I sell my Hobbs house before a foreclosure sale?
You may still be able to sell before the foreclosure sale if closing pays the mortgage and resolves the other claims against the house. New Mexico foreclosures go through district court, and a court-ordered sale can change what you own and how much time remains. If a foreclosure sale is scheduled, tell us the date right away so we can try to close before it.
Does New Mexico have a right to redeem after a judicial foreclosure sale?
New Mexico has a separate right to redeem after a judicial sale, but a mortgage can shorten that period substantially. Check the mortgage and court papers and get advice about the dates that apply to the specific case.
Is a mortgage foreclosure the same as a Lea County property-tax sale?
No. A mortgage foreclosure goes through district court; Lea County provides separate information about delinquent property-tax sales through its Treasurer. Follow the notice and deadlines for the process named in your papers. Do not use a mortgage-case date to work out a property-tax sale deadline.
What if the mortgage payoff is more than my Hobbs house is worth?
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before. A current payoff statement and title review help show the amounts that would need to be addressed at closing.
What happens after I contact USA Home Buyers?
We review the house and the timing information you share, then give you written offer terms before you commit. If you choose to move forward, a title company reviews title, payoff, and other claims and coordinates the closing steps. The notice and case status determine whether there is time to close before a scheduled sale.
Talk with us about the sale date
Call 888-274-5006 or send the Hobbs property address and the notice information you have.
We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Share the address and the foreclosure or payoff information you have.