Colorado Redemption Rights — Reclaiming Your Property After Sale
Reinstatement before sale and statutory redemption after sale — your rights to keep or reclaim your home in Colorado.
Pre-sale reinstatement vs. post-sale redemption
| Reinstatement | Redemption | |
|---|---|---|
| When | Before the foreclosure sale | After the foreclosure sale |
| Amount owed | Arrears + fees + costs | Full loan balance + fees + costs |
| Available in Colorado | Yes — at least 15 days before the sale date §38-38-104 | Yes — 15 to 19 business days after the sale for the most senior junior lienor, with each subsequent lienor having an additional 5 business days to redeem §38-38-302 |
| Effect | Loan continues as if no default | Property returned to borrower; sale reversed |
Reinstatement
Colorado allows reinstatement — paying all past-due amounts, fees, and costs to bring the loan current and stop the foreclosure. The deadline to reinstate is at least 15 days before the sale date §38-38-104.
Statutory redemption
After the foreclosure sale, junior lienholders only may redeem the property within 15 to 19 business days after the sale for the most senior junior lienor, with each subsequent lienor having an additional 5 business days to redeem §38-38-302. To redeem, you must pay the full sale price (or the full debt, depending on state law) plus interest and costs. During the redemption period, the borrower may retain possession in some states.
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Frequently Asked Questions
General answers to common questions. Specific outcomes depend on your facts and timing.
If you have a deadline, court notice, or upcoming hearing, mention it when requesting assistance so timing can be evaluated promptly.
Related guides
- Deadline: at least 15 days before the sale date
- Redemption period: 15 to 19 business days after the sale for the most senior junior lienor, with each subsequent lienor having an additional 5 business days to redeem
- Eligible to redeem: junior lienholders only