Are you a lender or a borrower facing a foreclosure action, or are you a home buyer looking to purchase a foreclosed home? Are you unsure of how the foreclosure system works in Colorado? If that’s the case, this blog will help you to navigate the foreclosure process and explain some of the key concepts of the system in Colorado.
Read MoreOne of the reasons why Colorado is an ideal place to invest in real estate is the only state in the United States that uses the “public trustee” system for foreclosures. This makes foreclosures very inexpensive and thus, an ideal place for real estate lenders. But because it is unique, it’s also confusing. This blog analyses Colorado’s public trustee system and discusses your foreclosure rights as a lender, borrower, or junior lienor.
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