Colorado Springs, CO › Foreclosure
Can I Sell My Colorado Springs House in Foreclosure?
If a public trustee foreclosure sale is scheduled, tell us the date right away so we can try to close before it. USA Home Buyers buys houses as-is in Colorado Springs and El Paso County. Ask us for a cash offer or call 888-274-5006.
Call 888-274-5006 — We Answer 24/7How we help you work toward closing
We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us. You get a written offer and written terms before you commit, and we close through a title company.
If a public trustee foreclosure sale is scheduled, tell us the date right away so we can try to close before it.
A home-loan foreclosure and a tax-lien sale are different
A public-trustee foreclosure concerns a home loan secured by a deed of trust. An El Paso County tax-lien sale concerns unpaid property taxes and is handled separately by the County Treasurer. The notices, offices, and deadlines are different. Follow the notice for the sale you are facing rather than applying a mortgage-foreclosure date to a tax-lien sale.
Colorado public-trustee foreclosure timing
For a non-agricultural property in a Colorado public-trustee foreclosure, the initial auction date is 110–125 calendar days after the Notice of Election and Demand is recorded. An eligible owner who wants to cure—that is, catch up through the statutory process—must file written intent no later than 15 calendar days before the sale and pay the cure amount to the officer by noon the day before sale. Agricultural-property and sheriff cases have different timing.
See Colorado Revised Statutes §§ 38-38-101, 38-38-104, 38-38-108(1)(a), and 38-38-109(1)(a). Check your own notice and confirm the current sale date with the El Paso County Public Trustee.
If the payoff is the problem
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before.
The title company reviews payoff information, ownership, and other liens as part of the closing work. You don't need to pay off your back taxes before we settle. We buy houses with back taxes and liens — payoffs get handled through the closing, not by you upfront.
Mortgage payoffs, liens, back taxes, and your share of current property taxes are separate settlement items.
What happens next
- Contact us. Call or send us the property address. We can talk through the notice and sale date with you.
- Review written terms. We look at the house and the information you share, then give you a written offer and written terms before you commit. No agent commissions when you sell to us. No fees.
- Check title and payoff. The title company reviews ownership, obtains payoff information, and checks the title items and closing requirements.
- Work toward closing. We work with you and the title company toward closing while the sale date and required steps remain in view. Close as fast as 7 days when title and closing details allow. When you sell to us, we pay the closing costs. Mortgage payoffs, liens, back taxes, and your share of current property taxes are separate settlement items.
It's real estate. Sometimes there are bumps in the road. We won't disappear when that happens, and we'll be fighting to get this to the closing table.
El Paso County sale information and homeowner help
- See the El Paso County Public Trustee foreclosure information and sale search for a deed-of-trust foreclosure.
- For unpaid property taxes, use the El Paso County Treasurer tax-lien sale information; it is a separate process from a public-trustee foreclosure.
- If you are looking at ways to keep your home, Colorado Housing Connects' foreclosure resource can connect homeowners with help, including HUD-approved housing counseling.
Questions and contact
Foreclosure questions
Can I sell my Colorado Springs house before a public trustee foreclosure sale?
Yes. You may still be able to sell before the scheduled public trustee sale. If a public trustee foreclosure sale is scheduled, tell us the date right away so we can try to close before it.
How much time is there before a Colorado public trustee auction?
For a non-agricultural property in a Colorado public-trustee foreclosure, the initial auction date is 110–125 calendar days after the Notice of Election and Demand is recorded. Agricultural-property and sheriff cases have different timing. Check the notices for your property and the current sale information with the El Paso County Public Trustee.
Can I cure a Colorado public trustee foreclosure?
An eligible owner in a non-agricultural public-trustee case must file written intent to cure no later than 15 calendar days before the sale and pay the cure amount to the officer by noon the day before sale. Eligibility and the required amount depend on the case. Agricultural-property or sheriff cases have different timing.
Is an El Paso County tax-lien sale the same as a mortgage foreclosure?
No. A public-trustee foreclosure concerns a home loan secured by a deed of trust. A tax-lien sale concerns unpaid property taxes and follows a separate process through the El Paso County Treasurer. Follow the notice for the sale you are facing; do not use a mortgage-case date for a tax-lien sale.
What if the payoff is more than my Colorado Springs house is worth?
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before. A current lender payoff and title review help identify the amounts a sale would need to address.
We give written cash offers in 24 hours.
Send the property address and any sale date or payoff information you have.
Call USA Home Buyers at 888-274-5006. We answer 24/7.
What our sellers say
“Facing foreclosure ... Very stressful time... They handled it professionally and got me out of the debt...”
“I was four months behind on my mortgage and the notices were stacking up. I didn't even know I could sell and still come out with money. USA Home Buyers explained the whole thing, the offer was fair, and we closed before things got worse. Huge weight off my shoulders.”