THE PUBLIC TRUSTEE SALE

Sales are held promptly at 10 a.m. each Wednesday in the City Council Chambers in the City and County Building at One DesCombes Drive, Broomfield, CO 80020. The bidding begins with the initial bid offered by the foreclosing lender. Bid information is available in our office after 2 p.m. each Monday afternoon and in the Foreclosure Reports section of the Foreclosure Property Search under weekly reports.

At the sale, once the published notice is read and the initial bid and bidder announced, the Public Trustee will entertain verbal bids. The sale will conclude when a final bid is accepted, pending payment of the bid amount.

If you are the highest bidder on a foreclosure, you must tender funds for the TOTAL AMOUNT OF YOUR BID to our office by 1:00 p.m. that same afternoon. Funds must be in the form of a Cashier's Check payable to the City and County of Broomfield.

Title to the property does NOT transfer at the time of the sale. A Certificate of Purchase, which grants the holder rights to a Public Trustee's Deed AT THE END OF ALL REDEMPTION PERIODS is issued and recorded. It is held in our file.

If a Certificate of Purchase is assigned, please notify the Public Trustee. The ORIGINAL assignment must be surrendered to the Public Trustee in order to receive a Confirmation Deed or redemption funds.

If you attend the sale, place a bid, but are not the highest bidder, be advised that bidding may continue at the office of the Public Trustee at 1:00 p.m. the afternoon of the sale, IF THE HIGHEST BIDDER AT THE SALE DOES NOT TENDER FUNDS BY THAT TIME. The property will be offered to the party giving the next highest bid from the 10:00 sale. If the highest bidder does not bring in the money and no other interested parties are present to continue bidding, the Certificate of Purchase will be issued to the foreclosing party.