Foreclosure Process

Foreclosure, by definition, is the forced sale of a piece of property to repay a debt.

Foreclosure is conducted by the Office of the Public Trustee on Deeds of Trust containing a power of sale. The procedure for conducting the foreclosure is set by the Colorado State Statues and must be followed precisely. 

The Deed of Trust is an agreement between three parties:

• The Grantor (owner)
• The Public Trustee (who has the power of sale)
• The Beneficiary (lender)

For more information on the statutes visit the following Web site www.leg.state.co.us  
Please use due diligence to determine any and all laws that may be applicable to any actions you may be taking. 

NOTE: How a foreclosure is processed is affected by when the Notice of Election and Demand was recorded by the Jefferson County Clerk & Recorder to start the foreclosure action. To find out that information visit our Foreclosure Search and under "Basics" it is listed as "E & D" date. Click here for: Frequently Asked Questions

1. Beginning the Process                            

2. Curing a foreclosure pre-sale                           

3. Lender bids and bidding at the sale   

4. Redemption process post-sale   

5. Deed transferring title  

Last Modified: Aug 5, 2010 10:17 AM