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Frequently Asked Questions


Table of Contents

  1. When and where are foreclosure sales held?

  2. Where can I find information about foreclosures?

  3. If a Deed of Trust was recorded in the prior county, does the lender release it there or in Broomfield?

  4. Will foreclosures on Broomfield property started in the prior county be moved to the City and County of Broomfield?

  5. Who is the Public Trustee of the City and County of Broomfield?

  6. I just received a notice from the Public Trustee that a foreclosure was started on my property.  Do I have to move out right away?

  7. What is curing a default and how do I do that?


When and where are foreclosure sales held?

Foreclosure sales will be held on Wednesdays at 10:00 a.m. in the City Council Chambers, located on the first floor at One DesCombes Drive.

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Where can I find information about foreclosures?

Go back into the link to Foreclosure Property Search.

  

Foreclosure sales are published in the Broomfield Enterprise, which is available on Thursday.

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If a Deed of Trust was recorded in the prior county, does the lender release it there or in Broomfield?

As of November 15, 2001, all documents related to property within the boundaries of the City and County of Broomfield should be recorded in the City and County of Broomfield.  However, if a Deed of Trust is inadvertently released and recorded in the prior county, we have agreements with each of the legacy counties legitimizing such occurrences. 

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Will foreclosures on Broomfield property started in the prior county be moved to the City and County of Broomfield?

Any foreclosures that were in progress before November 15, 2001, will run to completion in the county where they were started.  From that date forward, all foreclosures on Broomfield property will be handled by the City and County of Broomfield.

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Who is the Public Trustee of the City and County of Broomfield

Kim Pfeifer is Public Trustee for the City and County of Broomfield.

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I just received a notice from the Public Trustee that a foreclosure was started on my property.  Do I have to move out right away?

No.  The property belongs to you until a Public Trustee's Deed is issued.  The notice will indicate a sale date.   You normally have at least 15 business  days after the sale date before a deed can be issued.    You also have the right to cure the default.

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What is curing a default and how do I do that?

Curing a default is paying all outstanding amounts and bringing the loan current.  In other words, if a foreclosure is started because you failed to make some payments, in order to cure the default, you would have to pay the delinquent payments plus interest and any other charges the lender has incurred as a result of the foreclosure.  

If you want to cure you must file a Notice of Intent to Cure Default at least fifteen (15) days before the sale date.  

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