GA

Otero County, Colorado Government Auctions

1 open listing in Otero County, including 1 HUD REO home. Every listing links to the official source to bid.

Search & filter 1 listing

Open now in Otero County

RE

Real Estate

HUD HomeStore

Open

701 Grace Ave, La Junta, CO

La Junta, Colorado

HUD-owned (FHA) foreclosed home at 701 Grace Ave, La Junta, CO 81050, FHA case #052-418207, currently listed for sale on HUD HomeStore (acquired by HUD 2020-02-07). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.

Auction terms

See source

By sale type

By source

How these sales work

Buying government property in Otero County

Colorado is a tax lien state

Colorado county treasurers sell tax lien certificates each fall, usually online, and investors bid a premium above the taxes owed. The certificate earns interest until the owner redeems.

Redemption period
The owner has three years from the sale to redeem before the certificate holder can apply for a treasurer's deed, and the treasurer must then give notice before issuing it.
Interest or penalty
Interest is set annually at the federal discount rate plus nine percentage points, and the premium paid above the taxes is not refunded.
Full Colorado guide and FAQ →

Government REO home

A home a federal agency or government-sponsored enterprise took back after a foreclosure on a loan it insured or owned, now resold through its own program.

Compare government real-estate sale types →

General information, not legal advice; the official sale notice controls.