Lender Bids and Biddings

Bidding at the Foreclosure Sale

The Public Trustee schedules sales of properties in foreclosure on Fridays at 10:00am via remote, web-based auction service, and sells to the highest and best bidder for cash. 

Lenders that intend to sell property at a foreclosure sale must submit a written bid to the Public Trustee no later than 12 noon two (2) business days prior to the scheduled date of sale.

You can determine if a bid has been submitted on a particular property by either of the following methods:

  • Select the Foreclosure Property Search and search for the property you are interested in purchasing. You will be able to view the foreclosure records on each property in foreclosure. Click on the Sale Information tab for the holder’s initial bid. The bid will be available for viewing by selecting the View Documents link under Property Details.

If a bid has not been submitted, the sale date may be continued.

You can determine the new sale date by either of the following methods:

  • Select the Foreclosure Property Search to find the property you are interested in purchasing. Use only one search criteria to get the best search result. The rescheduled sale date will be shown if you select the Basics link under Property Details

The office of the Public Trustee has a written policy regarding the conduct of a foreclosure sale.

You are encouraged to review the sale policy prior to attendance at the sale for information regarding methods of payment, required forms and when those forms are due.

We do not post a Post Sale report. If you want to know what a property sold for at auction, you can use the Foreclosure Property Search function to look at each file that went to sale. You can also search the properties that went to sale each week by using the Foreclosure Property Search function using the Sold Date Range Field and entering the sale date into both fields.

The Public Trustee has used all reasonable efforts to ensure that the pages and other information on this website do not contain any inaccurate or out-of-date information; however, we can make no guarantee or warranties about the accuracy or timeliness of the data. If you believe any material contained in this webpage is inaccurate, please call 970-453-3440.

Certificate of Purchase

If you are the successful bidder, you may be asked to provide a Statement of Redemption. If this office is unable to reach you, or you do not provide a Statement of Redemption, we will calculate figures. You will be asked to provide the Public Trustee’s office with paid receipts as evidence of your payment of allowable expenses by the legal deadline.

Confirmation Deed

A Public Trustee’s Confirmation Deed is issued when all redemption periods are over and title has vested in the redeeming party.

Deed Transferring Title

A Public Trustee confirmation deed is issued to the person holding the certificate of purchase, or in the case of redemption, to the holder of the last certificate of redemption. Successful purchasers at the foreclosure sale are given a letter advising them of the dates on which a deed may be issued. Certificates of purchase and certificates of redemption are assignable prior to the date on which title vests.