Foreclosure Sale

Bidding at the Foreclosure Sale

The Public Trustee schedules sales of 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

Prepare in advance before you bid!!


This guide has been established as an informational tool for citizens. It is not intended to serve as legal advice

It is your responsibility to do the research before coming to the sale. The Public Trustee does not guarantee that the deed being foreclosed is a first lien. The Public Trustee does not know if the taxes have been paid or if there are other liens against the property.

By law, lenders that intend to sell property at a foreclosure sale must submit a written bid to the Public Trustee no later than 12 noon two (2) business 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 scheduled sale date) to find out what the lender’s minimum bid will be at the sale (the bids may change or be pulled up until 10:00 a.m. the day of sale). You can also log onto our Website to obtain the current Pre-sale list.

You can determine if a bid has been submitted on a particular property by either of the following methods:

•Click here for the Foreclosure Property Search: Search for the property you are interested in purchasing. You will be able to view the foreclosure records on each property in foreclosure. Click on the Sale Information tab for the holder's initial bid. The bid will be available for viewing by selecting the View Documents link under Property Details.

•Click here the Foreclosure Reports: Click on the Pre Sale List to view all the properties going to sale and the opening bid submitted by the lender. This list is uploaded to our website on Monday afternoon and updated if necessary.

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

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

•Select the Foreclosure Property Search to find the property you are interested in purchasing. Use only one search criteria to get the best search result. The rescheduled sale date will be shown if you select the Basics link under Property Details

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


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 be aware that this is a legal proceeding set for 10:00 a.m. and the sale will not be delayed. If you are unprepared at that time, we invite you to stay and observe the proceedings.

All bidders, except the foreclosing lender, must be present at the sale. 

Please listen carefully to the Public Trustee’s instructions at the beginning of the sale.

Please bid in the exact name of the person in which the Certificate of Purchase is to be issued.

The successful bidder must present certified funds in the amount of the bid to the Public Trustee office by 2:00 p.m. the day of the sale.

 If you are the first, second or third highest bidder, please provide the Public Trustee with your bidder contact information. In case the first successful bidder defaults on the bid, the subsequent bidders will be contacted by our office. You will have additional time to provide the funds to the Public Trustee.


You, as the successful bidder and the holder of the Certificate of Purchase, have NO IMMEDIATE RIGHT OF ACCESS to the 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 recorded 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 appropriate redemption time. If redemption occurs, the Certificate of Purchase holder is paid the bid amount plus interest at the specified rate in the Deed of Trust and Note being foreclosed.  Other related expenses allowed by Colorado law are costs to “protect and secure” the 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 business days to provide figures (total of 13 business days after the date of sale).


Upon the expiration of all redemption periods allowed to all lienors entitled to redeem or, if there are no intents to redeem filed, upon the close of the eighth business day after the sale, title to the 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 periods.

Upon receipt of all statutory fees and costs, the Public Trustee will execute and record a Confirmation Deed to the holder of the Certificate of Purchase or, in the case of redemption, to the holder of the last Certificate of Redemption confirming the transfer of title to the property

The office of the Public Trustee has a written policy regarding the conduct of a foreclosure sale. 

You are encouraged to review the sale policy prior to attendance at the sale for information regarding methods 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 want to know what a property sold for at auction, you can use the Foreclosure Property Search function to look at each file that went to sale. You can also search the properties that went to sale each week by using the Foreclosure Property Search function using the Sold Date Range Field and entering the sale date into both fields. The Public Trustee has used all reasonable efforts to ensure that the pages and other information on this website do not contain any inaccurate or out-of-date information; however, we can make no guarantee or warranties about the accuracy or timeliness of the data. If you believe any material contained in this webpage is inaccurate, please call 970-870-5555.