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Over $300 million in derelict real estate available to new Mexicans

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“The most common reasons someone may have unclaimed assets is that they closed their bank accounts and failed to pay off the balance in full,” said Stephanie Schardin Clarke, New Mexico Secretary of Revenue and Revenue. “.

If you think the state – or your state – doesn’t have the money that belongs to you, it might still be worth checking.

“Someone may have received a tax refund check but never mailed the cash, possibly because they shipped it and it was not formatable,” the secretary said. “We also have traveler’s checks, gift certificates that have never been redeemed – things like that.”

“Every year New Mexico takes in an average of about $32 million in new unclaimed real estate,” the secretary added, “and each year we can only buy about $10 million of that for owners. own.”

The state estimates that only about 4,000 Mexicans have access to the unclaimed money. However, the access is easier than you think:

“Go to www.missingmoney.com – it’s easy to use and allows you to search by name and by state or country,” explained the secretary. “If you find unclaimed property there, there is a very easy form in which you can go to claim your property.”

After filling out the form, the clerk says you must provide proof of your identity with a notarized signature and copies of your identification. This is done to ensure the property is distributed to its rightful owners.

Webpage also worked for states other than New Mexico.

If you live in New Mexico, you can also email unslaimed.property@state.nm.us or call the Unclaimed Property Office at 505-827-0668 from 8 a.m. to 5 p.m. Monday to Friday.

https://www.kob.com/albuquerque-news/over-300-million-in-unclaimed-property-available-for-new-mexicans/6344285/?cat=500 Over $300 million in derelict real estate available to new Mexicans

Yasmin Harisha

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