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Colorado
Foreclosure Posting Requirements
Foreclosures are by a quasi-judicial process. Once a borrower is at least thirty (30) days delinquent, the lender (or a Trustee) mails to the borrower a notice containing contact information for the Colorado Foreclosure Hotline and the lender’s loss mitigation department. Thirty (30) after the notice is sent, the Trustee may file a Notice of Election with the Public Trustee, including evidence of the debt and the Deed of Trust, a list of parties entitled to notice, and a document known as a combined notice. Within ten (10) days, the Public Trustee files the Notice of Election with the County Clerk/Recorder. Within twenty (20) days of the recordation, the Public Trustee mails the combined notice to the original grantor, any party obligated to the debt, and the ‘‘occupant’‘. Not less than sixty-five (65) days prior the sale, the mortgagee must provide the Public Trustee with an updated mailing list. The Public Trustee must again mail the combined notice to the above parties and also junior interests and the current owner between forty-five (45) and sixty (60) days prior to the sale. During that same window, the Public Trustee must commence publishing the combined notice for 5 consecutive weeks. The lender (or Trustee) must obtain a court order authorizing the Public Trustee to conduct the sale. Payment defaults must be cured no later than fifteen (15) days prior to the sale.
Foreclosure Auction Locations
Most states direct the specific location where a sheriff, trustee or creditor may conduct a foreclosure sale. Often the direction is as vague as 'any public place within the county in which the property is located.' Other times, the statute requires that a foreclosure sale only be held at the site of the property to be foreclosed. Foreclosure sales can be conducted at public auction held at the front door of a courthouse of the superior court in the judicial district where the property is located, unless the deed of trust specifically provides that the sale shall be held in a different place.
Foreclosure Timeline
Timeline StepDays for StepTotal Days
Mailing of warning notice to grantor11
Filing with Public Trustee3031
Recordation by Public Trustee1-1032
Initial Mailing by Public Trustee1-2033
Second Mailing (45-60 days before sale)1-1550-80
Publication29-3574-95
Obtain Court Ruling1180-123
Sale by Public Trustee 110-125

(Timeline is for non-judicial foreclosures. Intervals are optimal and assumes no delays.)
State Statutes
Colorado Foreclosure Statutes