Foreclosure Bidding

Foreclosure Sale Bidding Information & Rules
  • All sales are held auction style and all bids must be in $20 increments
  • Bidders must be present to bid. We do not accept bids via mail, phone, or any other method
    • If you cannot be present you may designate an agent to act on your behalf. They will need to present us with a letter of authorization to act as agent and the exact name and mailing address to be entered on the Certificate of Purchase, and must sign in with the Public Trustee at least 15 minutes prior to the sale
    • Attorneys for the foreclosing party wishing to increase a bid where there is a deficiency for the foreclosure must sign in with the Public Trustee at least 15 minutes prior to the sale
  • Sales are held in the office of the Grand County Public Trustee, located in the Grand County Administration Building, Hot Sulphur Springs, Colorado
  • Sales are scheduled for 10 a.m. on Friday
  • You are only allowed to bid up to the amount of funds verified prior to the sale 
Payments to the Public Trustee
  • All bidder's funds are verified by the Public Trustee’s Office before the sale begins. In order to be eligible to bid you must verify your funds at least 15 minutes prior to the sale
  • Acceptable methods of payment:
    • Cash
    • Cashier’s check drawn on a Colorado Bank
    • Electronic bank transfer
  • We do not accept personal checks or money orders
  • All payments must be made at the time of the sale  
We recommend that you have a title search on the property prior to the sale.