Escrow & Title
In New Mexico, a trustee's sale (foreclosure sale) on a deed of trust property occurs after the lender records a:
ANotice of lis pendens
BNotice of default and election to sell✓ Correct
CWrit of execution
DJudgment lien
Explanation
Non-judicial foreclosure in New Mexico begins with the trustee recording a Notice of Default and Election to Sell after the borrower defaults. The notice starts the foreclosure timeline before the public auction.
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