If the lender chooses to foreclose a Colorado property nonjudicially, it must complete the out-of-court procedures described in the state laws. Though, Colorado nonjudicial foreclosures have a minimal amount of court involvement. After completing the required steps, the lender can sell the home at a foreclosure sale. Below you can learn about key features of Colorado foreclosure procedures.
Homeowners' Association (HOA) Laws in Colorado
Learn about Colorado laws that can protect you if you live in a community that’s HOA-governed.
If you fail to pay your HOA assessments in Colorado, the association can most likely get a lien on your property and might foreclose on your home.