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Garfield County homes in foreclosure   Foreclosure database
Current foreclosure files are now in an interactive, searchable online database on this website. Unofficial documents are also available now.
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new NOTICE TO AN OWNER IN FORECLOSURE:

Foreclosure Sale Bidding Policy, effective June 1, 2015
The Garfield County Public Trustee holds a foreclosure sale every Wednesday at 10:00 a.m. at 109 8th St, Suite 204, Glenwood Springs, CO 81601. Garfield County receives written beginning bids from the foreclosing lender by 12:00 noon two business days prior to the sale and will post the written beginning bids on our website no later than 10:00 a.m. the day prior to the sale.

Registration
In order to bid at the foreclosure sale, bidders must submit a registration form prior to the start and forms are available in the Public Trustee's office on the day of the sale. No emailed or faxed bidder registration forms will be accepted.

Bidding
No cell phone use is allowed during the sale. If a bidder is using a cell phone or is otherwise disruptive during the sale they will be asked to leave. If the Public Trustee suspects any kind of fraud, collusion or abuse of the bidding process, she reserves the right to stop the sale and contact the property's foreclosing attorney to postpone the sale to the following week. The Public Trustee also reserves the right to ban abusers of the bidding process from current and future sales.

The sale begins promptly at 10 a.m., and once it begins the foreclosing lender's beginning bid amount will be read aloud and we will ask for other bids. Bidding will begin at $50.00 over the lender's beginning bid (rounded to the nearest $50 increment). Further bidding must be in increments of $1,000 and each bid placed must not advance the prior bid by more than $5,000. In order for a bid to be accepted, bidders are required to state their bidder number and the amount they wish to bid. Failure to do so will result in bids not being accepted.
Once a bid has been entered, it is considered final.

Payment
If you are the successful bidder, payment is due within one hour of the completion of the foreclosure sale. Payment must be in the form of certified funds (cash, cashier's check, or wire transfer - instructions will be provided upon request). Large cash payments are discouraged. Successful bidders who pay $10,000 or more in cash must complete all necessary Internal Revenue Service documents at the time of sale (forms will be provided by the Public Trustee if necessary). If you are the successful bidder and you fail to remit payment you will be barred from participation in all future Public Trustee foreclosure sales.

Successful Bidders
An original Certificate of Purchase is issued and recorded with the Garfield County Clerk and Recorder. Because only one Certificate of Purchase is issued, the original will be kept in our office and a copy will be emailed to the successful bidder. The Certificate of Purchase will be issued only in the name indicated on the Bidder Registration Sheet; however, Certificates of Purchase can be assigned to another party.

Post Sale
Junior lien holders have the right to redeem the foreclosure sale (see our policy on Notices of Intent to Redeem). If there is no redemption, a Confirmation Deed will be issued to the holder of the Certificate of Purchase 10 -15 days following the foreclosure sale (a recorded copy will be emailed to the Certificate of Purchase holder).
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Public Trustee - Glenwood
109 8th Street, Suite 204
Glenwood Springs, CO 81601
Email Public Trustee


970-384-3451 | phone
970-384-5010 | fax


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