Where can I get the most up-to-date information about Colorado foreclosure sales?
For information on foreclosure sales, please refer to the respective foreclosure notifications or contact the County or Public Trustee directly. Typically, foreclosure notices are published in a general circulation newspaper in the county where the property is located.
What is the procedure for a foreclosure sale in Colorado?
A public auction is held for a foreclosure sale, which is open to all bidders. At the event, the property is either sold to a third-party bidder or reverts to the beneficiary (Mortgagee, Bank, or Lender) as a Real Estate Owned (REO) Foreclosure. Please request a copy of the bidding regulations and thoroughly research the selling process by contacting the appropriate County or Public Trustee.
When and where do foreclosure auctions take place?
Foreclosure sales take place at different times and locations depending on the county. For more information, please refer to the foreclosure notification or contact the County or Public Trustee directly.
What should I bring to the foreclosure auction?
At the time of sale, most counties demand funds to be paid in cash, bank money order, or certified check. It’s possible that personal checks, company checks, letters of credit, and credit cards won’t be accepted. If you need more information, refer to the foreclosure notification or contact the County or Public Trustee directly.
What if a Property is canceled or rescheduled?
A property’s sale may be canceled or postponed for a variety of reasons prior to the commencement of bidding at the auction. There is no certainty that a certain Property will be put up for sale. For detailed details, please refer to any foreclosure notices or contact the County or Public Trustee directly.