The general public Trustee schedules sales of residential or commercial properties in foreclosure on Wednesdays at 10 a.m. at the Treasurers' Office at the Old Routt County Courthouse 522 Lincoln Avenue Steamboat Springs, CO 80487
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Prepare in advance before you bid!!

ALL SALES ARE FINAL!

This guide has actually been established as an informational tool for residents. It is not intended to function as legal advice

It is your obligation to do the research study before concerning the sale. The Public Trustee does not guarantee that the deed being foreclosed is a first lien. The Public Trustee does not understand if the taxes have actually been paid or if there are other liens versus the residential or commercial property.

By law, lenders that plan to sell residential or commercial property at a foreclosure sale must submit a written quote to the general public Trustee no behind 12 twelve noon 2 (2) company days prior to the scheduled date of sale.

Check with the Public Trustee's office after 3:00 p.m. on Tuesday (the day before the set up sale date) to discover what the loan provider's minimum quote will be at the sale (the quotes might change or be brought up until 10:00 a.m. the day of sale). You can also log onto our Website to get the present Pre-sale list.

You can identify if a bid has actually been sent on a specific residential or commercial property by either of the following techniques:
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• Click here for the Foreclosure Residential Or Commercial Property Search: Search for the residential or commercial property you are interested in purchasing. You will be able to view the foreclosure records on each residential or commercial property in foreclosure. Click the Sale Information tab for the holder's preliminary bid. The bid will be readily available for viewing by selecting the View Documents connect under Residential or commercial property Details.

• Click on this link the Foreclosure Reports: Click on the Pre Sale List to view all the residential or commercial properties going to sale and the opening bid sent by the loan provider. This list is uploaded to our site on Monday afternoon and updated if needed.

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

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

• Select the Foreclosure Residential or commercial property Search to find the residential or commercial property you are interested in buying. Use just one search criteria to get the very best search results page. The rescheduled sale date will be shown if you choose the Basics link under Residential or commercial property Details

• Select the Foreclosure Reports on the Pre Sale Continuance List to see all files on which the scheduled sale date has actually been continued.

SALE INSTRUCTIONS:

Public Trustee foreclosure sales are held on Wednesdays at 10 a.m. at the Treasurers' Office at the Old Routt County Courthouse 522 Lincoln Avenue Steamboat Springs, CO 80487

- Please understand that this is a legal case set for 10:00 a.m. and the sale will not be postponed. If you are unprepared at that time, we invite you to remain and observe the procedures.
All bidders, except the foreclosing loan provider, should exist at the sale.

Please listen thoroughly to the Public Trustee's instructions at the start of the sale.

Please bid in the exact name of the individual in which the Certificate of Purchase is to be provided.

The must provide certified funds in the quantity of the bid to the Public Trustee office by 2:00 p.m. the day of the sale.

If you are the very first, second or 3rd highest bidder, please supply the Public Trustee with your bidder contact information. In case the first effective bidder defaults on the bid, the subsequent bidders will be gotten in touch with by our workplace. You will have additional time to supply the funds to the general public Trustee.

YOU SHOULD KNOW:

You, as the successful bidder and the holder of the Certificate of Purchase, have NO IMMEDIATE RIGHT OF ACCESS to the residential or commercial property. You will no longer get an actual copy of the Certificate of Purchase (CP). The CP will be held by the Public Trustee and taped with the Routt County Clerk and Recorder. There is no longer an owner redemption period.

Each sale can be redeemed by junior lien holders * during their proper redemption time. If redemption takes place, the Certificate of Purchase holder is paid the bid quantity plus interest at the defined rate in the Deed of Trust and Note being foreclosed. Other associated expenses allowed by Colorado law are expenses to "secure and secure" the residential or commercial property.

* JUNIOR LIEN HOLDERS: Any junior lien holder will have 8 business days from the date of sale to file an intent to redeem.

The Certificate of Purchase holder will have 5 company days to offer figures (total of 13 organization days after the date of sale).

TITLE TO THE RESIDENTIAL OR COMMERCIAL PROPERTY:

Upon the expiration of all redemption periods enabled to all lienors entitled to redeem or, if there are no intents to redeem submitted, upon the close of the 8th organization day after the sale, title to the residential or commercial property sold shall vest in the holder of the Certificate of Purchase. In the case of a lienor redemption title vests with the holder of the last Certificate of Redemption at the end of all redemption durations.

Upon invoice of all statutory charges and expenses, the general public Trustee will carry out and tape a Verification Deed to the holder of the Certificate of Purchase or, in the case of redemption, to the holder of the last Certificate of Redemption validating the transfer of title to the residential or commercial property

The workplace of the general public Trustee has a written policy regarding the conduct of a foreclosure sale.

You are motivated to review the sale policy prior to presence at the sale for details regarding approaches of payment, required forms and when those forms are due.

• Sale Policy: Foreclosure Sale Policy (PDF)

• Bidder Registration Forms: (PDF)

• Incoming Wire Transfers Information (PDF)

We post a Post Sale List on the following week. If you would like to know what a residential or commercial property cost at auction, you can utilize the Foreclosure Residential or commercial property Search function to look at each file that went to sale. You can likewise search the residential or commercial properties that went to sale each week by utilizing the Foreclosure Residential or commercial property Search function using the Sold Date Range Field and going into the sale date into both fields. The Public Trustee has used all reasonable efforts to ensure that the pages and other details on this site do not consist of any unreliable or obsolete details