Foreclosure Sale

THE PUBLIC TRUSTEE SALE

Sales are held promptly at 10 a.m. each Wednesday in the City Council Chambers in the George Di Ciero City and County Building at One DesCombes Drive, Broomfield, CO 80020. The bidding begins with the initial bid offered by the foreclosing lender. Bid information is available in our office after 2 p.m. each Monday afternoon and in the Foreclosure Reports section of the Foreclosure Property Search under weekly reports.

Please report to the City Council Chambers office a few minutes before the sale to log in as a bidder and pick up a Bid Form.

At the sale, once the published notice is read and the initial bid and bidder announced, the Public Trustee will entertain verbal bids. The sale will conclude when a final bid is accepted, pending payment of the bid amount.

If you are the highest bidder on a foreclosure, you must tender funds for the TOTAL AMOUNT OF YOUR BID IMMEDIATELY AT THE SALE. If you are the highest, successful bidder on a property, you will be REQUIRED to have sufficient funds with you to pay the entire amount of the successful bid at the close of bidding on that property when you are asked for funds.

Funds shall be in the form of cash, electronic transfer to an account of the public trustee, certified check, cashier's check or teller's check payable to the City and County of Broomfield.

Title to the property does NOT transfer at the time of the sale. A Certificate of Purchase, which grants the holder rights to a Public Trustee's Confirmation Deed AT THE END OF ALL REDEMPTION PERIODS is issued and recorded. It is held in our file.

If a Certificate of Purchase is assigned, please notify the Public Trustee. The ORIGINAL assignment must be surrendered to the Public Trustee in order to receive a Confirmation Deed or redemption funds.