Foreclosure Process in Colorado


If you have voluntarily secured one or more loans with a Deed of Trust, the lender
may foreclose on your home with the assistance of the Public Trustee. This is a
non-judicial foreclosurefter proper.  After proper notice, the Public Trustee may
sell your home and apply the sale proceeds to the deed of trust and all other
junior liens on your property.

The foreclosure process changed in 2009 to allow more time before the foreclosure
sale.  Now, most foreclosures take 4 to 6 months. However, some lenders are slow
to foreclose because of the poor real estate market.

The home owner can be evicted immediately after the foreclosure sale.

The sale takes place by the Public Trustee on the counthouse steps.  Buyers must
have all funds to the Trustee within two hours of the sale.  In many cases buyers
will not have had a chance to view the property so all sales are "as is".

As with all foreclosures, an attorney should be contacted for proper legal advice.

 

 

Recent Foreclosures in Area

Mt, LEADVILLE CO 80461

$145,900

Mt, LEADVILLE

4 bedrooms and 2 bathroom Duplex. Great opportunity to live in one side and rent the other or good investment. This is a Fannie Mae HomePath property. This property is a...

  • Beds 4
  • Baths 2.0
  • MLS S387267

HWY 285 HWY, BAILEY CO 80448

$109,900

HWY 285 HWY, BAILEY

Wonderful opportunity to own this home in beautiful Park County. With the Platte River close to your back yard, this is a great mountain home.This is a Fannie Mae Home Pa...

  • Beds 2
  • Baths 1.0
  • MLS S386670

Fuller  Unit B DR, FAIRPLAY CO 80440

$164,888

Fuller Unit B DR, FAIRPLAY

Spruce Hill is planned community with a club house for meetings, a pool table, foosball, gas grills, commercial washers and dryers, hot tubs and a tennis court that is be...

  • Beds 3
  • Baths 2.5
  • MLS S386605

Fuller  Unit B DR, FAIRPLAY CO 80440

$164,888

Fuller Unit B DR, FAIRPLAY

Spruce Hill is planned community with a club house for meetings, a pool table, foosball, gas grills, commercial washers and dryers, hot tubs and a tennis court that is be...

  • Beds 3
  • Baths 2.5
  • MLS S386594

Fuller Unit A DR, FAIRPLAY CO 80440

$164,888

Fuller Unit A DR, FAIRPLAY

Spruce Hill is planned community with a club house for meetings, a pool table, foosball, gas grills, commercial washers and dryers, hot tubs and a tennis court that is be...

  • Beds 3
  • Baths 2.5
  • MLS S386592

Fuller DR, FAIRPLAY CO 80440

$164,888

Fuller DR, FAIRPLAY

NOTE: There are a total of 6 single Family homes for sale. All rented but Model. Modular construction. Well built. Bank owned community with master plan for redevelopment...

  • Beds 3
  • Baths 2.5
  • MLS S386430

CLARK ST, FAIRPLAY CO 80440

$115,900

CLARK ST, FAIRPLAY

Large home in Fairplay with four-bedrooms and two-bathrooms. In-town location. Extra out-building. This is a Fannie Mae HomePath property. This property is approved for t...

  • Beds 4
  • Baths 2.0
  • MLS S386397

Pine DR, FAIRPLAY CO 80440

$205,500

Pine DR, FAIRPLAY

Roomy home is nestled in Fairplay town limits. Deemed to be single family for CO. Fannie Mae HomePath property. Purchase this property for as little as 5% down! This pr...

  • Beds 5
  • Baths 3.0
  • MLS S386148

NORTH WOODS LN, BRECKENRIDGE CO 80424

$1,995,000

NORTH WOODS LN, BRECKENRIDGE

BANK OWNED. These properties are becoming hard to come by. Large energy efficient home with massive log accents backing up to the Cucumber Gulch Preserve and the Breckenr...

  • Beds 6
  • Baths 7.5
  • MLS S384458