Foreclosure Sales are Now Online!

Click here to register and learn more.

For lenders or attorneys of lenders, see our  New Foreclosure Package Checklist for information on how to start a foreclosure with our office.

For homeowners in foreclosure, see our compilation of free  Foreclosure Counseling Resources.

Information regarding Sheriff's Sales may be found here.

Foreclosure and Bidding Process

1. Notice of Sale is mailed to all parties with a recorded interest in the property and is published for five consecutive weeks in general circulation newspapers within the county. The Notice of Sale sets out the time and date of the foreclosure sale.
2. Filing of a bankruptcy by the owner of the property stays the foreclosure until the automatic stay is lifted or the bankruptcy court abandons the property or the bankruptcy case is dismissed or closed. The foreclosure sale extends week to week until the Bankruptcy Court takes action.
3. Per Colorado State Statutes, written bids from the beneficiary (lender) must be received no later than two business days before the Public Trustee Sale. The court takes a separate action from the Public Trustee proceedings and is conducted under Rule 120 of the Colorado Rules of Civil Procedure. The only issue addressed in this action is whether there is reasonable probability of default under the Note and Deed of Trust and justification to exercise the Power of Sale allowed the beneficiary in the Deed of Trust.
4. If a written bid from the lender is not received timely for a foreclosure set to go to sale, the foreclosure sale is continued for at least one week.
5. A list of all foreclosures going to sale is available for viewing in the office of the Larimer County Public Trustee each Monday after 2:00 pm (Mountain Time) and on the Auction Calendar at larimer.realforeclose.com. The sales list may be updated continuously right up to sale time, as sales are continued, withdrawn, stayed by bankruptcy, etc. 
6.

Sales are held promptly at 10:00 am (Mountain Time) each Wednesday (except holidays) online at larimer.realforeclose.com

7. Parties interested in bidding must register beforehand at larimer.realforeclose.com. A 10% deposit of your maximum bid for each property you plan on bidding on is due in our office by 4:30 pm (Mountain Time) the day before the sale.
8. All funds must be CERTIFIED FUNDS for the FULL amount of your bid must be tendered to the Public Trustee's Office by 2:00 pm (Mountain Time) the day of the sale via wire, cash, or certified check.. The interest under the Certificate of Purchase is fully assignable. Please consult your legal advisor for clarification of your rights, the rights of the homeowner and other lien holder's rights during the redemption period.

​​Helpful Links for Bidders at Sale

FAQs

  1. Before a property goes to sale, the foreclosure can be CURED by bringing the payments current. An  Intent to Cure Form must be filed with the Public Trustee's Office (there is no cost to file) at least 15 days before the Sale is scheduled. The amount necessary to CURE a Foreclosure is determined by the lender. The money must be received by the Public Trustee's Office by noon the day before the sale. 

  2. The Larimer County Public Trustee's office is NOT tax supported in any way. The office is maintained entirely by user generated fees. Monies left over after operating expenses and special reserves are deposited into Larimer County's General Fund.

  3. The Office of the Larimer County Public Trustee does NOT conduct seminars concerning the foreclosure process. Instead, we have compiled this web site as a tool to instruct citizens interested in learning about the foreclosure process.

  4. Information concerning other liens recorded against the property can be obtained by visiting or contacting the Larimer County Clerk and Recorder, 200 W. Oak Street, Fort Collins, CO 80521, (970) 498-7860.

  5. A preliminary sales list is posted on Monday afternoon after 2:00pm and updated again Tuesday afternoon prior to the Wednesday morning sale.

  6. Sales are held promptly at 10:00 am (Mountain Time each Wednesday (except County holidays) online at larimer.realforeclose.com. You must register with RealForeclose prior to the sale and submit a deposit if you plan on bidding.

  7. The amount bid at sale is due in full in the Public Trustee's office by 1:00 pm the day of sale. Acceptable forms of payment per statute are Cash, Cashier's Check, Electronic Transfer, or Teller's Check.

  8. A deficiency bid occurs when the foreclosing lender submits a written bid for an amount less than owed. The foreclosing lender may elect to sue the homeowner, or anyone else who signed the original promissory note (loan papers), for the amount of the deficiency (the amount owed minus the amount of the bid). Bidding at the Public Trustee sale on properties that have deficiency bids begins at one dollar over the lender bid amount. In most cases lenders file deficiency bids because the adjusted fair market value of the property is less than the amount owed to them.

  9. In the event the foreclosing lender bid less than the amount due them (a deficiency bid), the amount of the deficiency would be reduced by the funds generated by the Public Trustee sale. If the lender's bid is not deficient, and someone bids on the property in excess of the amount owed to the lender, overbid funds are distributed in a prescribed order. The funds are held by the Larimer County Public Trustee until all periods of redemption have expired.