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Colorado

Summary: The sale of tax liens on lands upon which taxes remain delinquent shall commence on or before the second Monday in December of each year and shall be held at the treasurer’s office in each county or at any other location in the county deemed suitable by the treasurer; (Sec. 39-11-109). Setting a minimum total of taxes, delinquent interest, and costs below which competitive bids will not be accepted.(Sec. 39-11-115). Interest is paid only on the minimum bid and on subsequent taxes paid by the purchaser. It is important to note that you will not collect interest on any amounts in excess of the delinquent taxes (Sec. 39-12-103). Any Bid in excess will be credited to the county general fund.
If there is no bid for any tax lien offered, the offering of such tax lien shall remain open until all the tax liens are offered for sale and the sale is ended or until the treasurer is satisfied that no more sales can be effected, whereupon it is his duty to strike off to the county, city, town, or city and county the tax liens on those lands and town lots remaining unsold, for the amount of such taxes, delinquent interest, and costs thereon. (Sec. 39-11-108).

Law: Colorado Revised Statutes, Title 39, Article 11 (Sales of Tax Liens) and Article 12 (Redemption).
Contact: The County Treasurer (Sec. 39-11-101).
Interest Rate: +9% per annum (Sec. 39-12-103 (3)).
“The annual rate of redemption interest shall be nine percentage points above the discount rate, which discount rate shall be the rate of interest a commercial bank pays to the federal reserve bank of Kansas City using a government bond or other eligible paper as security, and shall be rounded to the nearest full percent. On September 1 of each year, the annual rate of redemption interest shall be established in the same manner, to become effective on October 1 of the same year.”

Auction Type: Tax Lien Certificate (Sec. 39-11-117). Furthermore (Sec. 39-11-109) , “The sale of tax liens on lands upon which taxes remain delinquent shall commence on or before the second Monday in December of each year and shall be held at the treasurer’s office in each county or at any other location in the county deemed suitable by the treasurer; except that all of the property offered for sale on the same day shall be offered for sale at the same location.”

Bidding Procedure: Premium bid / highest bid. (Sec. 39-11-115). “When the taxes levied for the preceding year or years on any lands remain unpaid, the tax liens on such lands offered at public auction at the times provided by law shall be sold to the persons who pay therefor the taxes, delinquent interest, and fees then due thereon or who further pay the largest amount in excess of said taxes, delinquent interest, and fees. The excess amount shall be credited to the county general fund.”
However, according to (Sec. 39-11-115 (2)), “In order that the public auction may be conducted in an efficient and equitable manner, the treasurer is hereby granted broad powers to set bidding rules governing the public auction. Such powers shall include, but need not be limited to, the following:
(a) Recognition of buyers in numerical sequence, in rotation, or in the order in which bids are made;
(b) Determining the order in which tax liens are sold, without regard to the order in which they appear in the published notice of sale;
(c) Setting minimum bid increases; and
(d) Setting a minimum total of taxes, delinquent interest, and costs below which competitive bids will not be accepted.
(3) The treasurer may combine and sell as a unit parcels which are contiguous or are contained within one subdivision.
(4) The treasurer shall announce bidding rules at the beginning of the public auction, and the rules announced shall apply to all bidders throughout the public auction. If the public auction is conducted by means of the internet or other electronic medium, the treasurer shall cause the internet bidding rules to be posted on the medium for at least two weeks before the date of sale. The internet bidding rules posted shall apply to all bidders throughout the public auction.”

Costs: For each certificate of purchase delivered, four dollars (Sec. 39-11-117), $5 for payment of subsequent taxes (Sec. 39-11-119), and $75 fee for deed application ($35 if not advertised) (Sec. 39-11-120).

Redemption Period: Three (3) years (Sec. 39-11-120). Real property for which a tax lien was sold under the provisions of article 11 of this title as a result of delinquent taxes may be redeemed by the owner thereof or his agent, assignee, or attorney, or by any person having a legal or equitable claim therein, or by a holder of a tax sale certificate; except that such holder may redeem such real property from any sale of a tax lien thereof made subsequent to the time of the issuance of the tax sale certificate upon which he is relying, and the amount paid for the redemption of the subsequent certificate of purchase shall be endorsed as subsequent taxes paid on the certificate upon which he is relying.(Sec. 39-12-103). The purchaser may apply for a deed once three years have passed from the date of the sale.

Deed Assigned at Foreclosure to: Tax Lien Certificate holder (Sec. 39-11-120).
“At any time after the expiration of the term of three years from the date of the sale of any tax lien on any land, or interest therein or improvements thereon, for delinquent taxes, on demand of the purchaser or lawful holder of the certificate of such tax lien, other than the county wherein such property is situated, and on presentation of such certificate of purchase or properly authenticated order of the board of county commissioners, where the certificate has been lost or wrongfully withheld from the owner, and upon proof of compliance with section 39-11-128 the
treasurer shall make out a deed for each such lot, parcel, interest, or improvement for which a tax lien was sold and which remains unredeemed and deliver the same to such purchaser or lawful holder of such certificate or order.”

Notes: According to (Sec. 39-11-115 New Window) the overbid does not draw interest. Furthermore, the overbid will not be returned upon redemption and “shall be credited to the county general fund”.

Colorado Contacts
number of Counties: 64

Adams County
450 South 4th Avenue
Delinquent Property Tax Division
Brighton, CO 80601-3123
Phone: (303) 659-2120
www.co.adams.co.us

Boulder County
P.O. Box 471
Delinquent Property Tax Division
Boulder, CO 80306-0471
Phone: (303) 441-3500
www.co.boulder.co.us

Denver City and County
1437 Bannock Street
Delinquent Property Tax Division
Denver, CO 80202-5337
Phone: (720) 913-4900
www.denvergov.org

Douglas County
100 Third Street
Delinquent Property Tax Division
Castle Rock, CO 80104-2425
Phone: (303) 660-7400
www.douglas.co.us

El Paso County
27 East Vermijo
Delinquent Property Tax Division
Colorado Springs, CO 80903-2208
Phone: (719) 520-6400
www.co.el-paso.co.us

Jefferson County
100 Jefferson County Parkway
Delinquent Property Tax Division
Golden, CO 80419-5550
Phone: (303) 271-8525
http://206.247.49.21/ext/index.htm

Larimer County
P.O. Box 1190
Delinquent Property Tax Division
Fort Collins, CO 80522-1190
Phone: (970) 498-7010
www.co.larimer.co.us

Mesa County
PO Box 20,000-5010
Delinquent Property Tax Division
Grand Junction, CO 81502-0020
Phone: (970) 244-1602
www.co.mesa.co.us

Pueblo County
215 W. 10th Street
Delinquent Property Tax Division
Pueblo, CO 81003-2945
Phone: (719) 583-6000
www.co.pueblo.co.us

Weld County
P.O. Box 758
Delinquent Property Tax Division
Greeley, CO 80632-0758
Phone: (970) 356-4000
www.co.weld.co.us