Timeline
Foreclosure Action |
Time Frame |
---|---|
Foreclosure packet submitted to the Public Trustee's Office |
Any time after a default/violation occurs on a Deed of Trust secured by property located in Pitkin County |
Foreclosure Started |
C.R.S. 38-38-101(4) The Public Trustee will recorded the Notice of Election and Demand (NED) within 10 business following the receipt of a complete and correct foreclosure packet |
Combine Notice, Notice of Sale and Note of Rights - Mailings and Publication |
C.R.S. 38-38-103
|
Cure (bring current) |
C.R.S. 38-38-104
|
Foreclosure Sale Date (not agriculture property) |
C.R.S. 38-38-108 Not less than 110 calendar days nor more than 125 calendar days from the recording of the NED. |
Lienor Redemption |
C.R.S. 38-38-302
|
Deed issued |
C.R.S. 38-38-501 Title vest after the expiration of all redemption periods or 8 business days after the sale if no intent to redeem has been received. The Deed can be issued once a written request is received from the holder of the Certificate of Purchase or Certificate of Redemption. |