| ||
|
| ||
|
|
||
Public TrusteeFrequently Asked QuestionsTable of ContentsWhen 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.
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.
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. 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. Who is the Public Trustee of the City and
County of Broomfield Kim Pfeifer is Public Trustee for the City and
County of Broomfield. 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. 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. | ||