Public Trustee

Public Trustee

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A foreclosure is the act of selling real property at public auction in the event of default. A foreclosure occurs when a borrower defaults on a loan that is secured by a Deed of Trust. The procedure for conducting a foreclosure is set by Colorado State Statute and must be followed precisely.

Colorado is the only Public Trustee state in the country. Any Deed of Trust being foreclosed on must be processed by our office. The length of the foreclosure process may be concluded in as little as four months, or may last as long as sixteen months, depending on circumstances unrelated to the Public Trustee’s procedures.

If you have questions about any properties currently listed on the weekly sales or continuance list, please call our office at 970-328-8867 for more information.

FAQs
How can I access foreclosure information?
All Eagle County properties in foreclosure can be viewed from the Search Foreclosures page and by visiting https://eagle.realforeclose.com.
When and where is the foreclosure sale held?
The sale is held every Wednesday morning at 10 a.m online at https://eagle.realforeclose.com as long as a sale is scheduled. Bidders must sign up using this site and make the required deposit no later than 5:00 p.m. the day before each auction. Additional information can be found at https://eagle.realforeclose.com/index.cfm?zaction=home&zmethod=faq.
What is needed to bid at the sale?
  • Online bidder registration at https://eagle.realforeclose.com
  • Deposits equal or greater than 10% of the bidder’s anticipated high bid must be deposited by electronic means or delivered in person.
  • Deposits must be received or confirmed as deposited in our bank no later than 5:00 p.m. mountain time on the day before the auction (Tuesdays).
Does the Public Trustee have information about other possible liens on the foreclosed property?
No. Our office only has information concerning the foreclosing lien.
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