Real Estate in New Mexico

New Mexico is a state that does its best to cover as many aspects of a real estate transaction as possible. While the disclosure laws in New Mexico are standard when compared to the rest of the country, the state does have some extra measures that are not found in other states. For example, before a seller can accept an offer on their property, they must go through process of getting a tax assessment from the local assessor. The seller would include the listing price as the price for the assessment, and the completed assessment must be presented to the buyer prior to the signing of the sales agreement.

It is interesting to compare disclosure requirements from state to state, as those requirements will often line up with the reputation each state has developed throughout its history. New Mexico is often associated with the Wild West, and the disclosure law that does not require sellers to alert potential buyers to any felonies committed on the property falls in line with that reputation. In New Mexico, the buyer has to do the research on a property if the property's history is to be an integral part of the decision making process.

For a comprehensive selection of Real Estate Agents in New Mexico click here.

Residential and Commercial Real Estate Agencies and Associations in New Mexico

Realtors Association of New Mexico
Address: Realtors Association of New Mexico
2201 Brothers Rd
Santa Fe, NM 87505
Office Phone: (505)-982-2442
Web site: www.nmrealtor.com

Greater Albuquerque Association of Realtors
Address: Greater Albuquerque Association of Realtors
1635 University Blvd
Albuquerque, NM 87102
Office Phone: (505)-842-1433
Web site: www.gaar.com

Commercial Association of Realtors New Mexico
Address: Commercial Association of Realtors New Mexico
6739 Academy Rd NE
Suite 310
Albuquerque, NM 87109
Office Phone: (505)-503-7807
Web site: www.carnm.com

CRE Office Suites in Albuquerque, NM