El Paso County Public Trustee Mark Lowderman

Public Trustee
Mark Lowderman

El Paso County Public Trustee
1675 Garden of the Gods Road, Ste 2100
Colorado Springs, Colorado 80907
719-520-6780
fax: 719-520-6781

Business Hours: (excluding holidays)
Monday - Friday, 8:00 a.m. - 5:00 p.m.

El Paso County Public Trustee’s office will close to the Public on Tuesday November 17th until further notice because of COVID.

Our phones will be open M-F from 8 AM until 1PM.

We will continue to process releases daily. There is a secure drop box outside on the east side of the building for releases. If you have a live note that a release needs to be processed, please call between the hours of 8AM-1PM or email eforeclosures@elpasopublictrustee.com and we will make arrangements.

We will continue to maintain all foreclosure processes that are not under the foreclosure moratorium. If you have any questions, please call between the hours of 8AM-1PM or email any questions to eforeclosurers@elpasopublictrustee.com. If you need to remit a cure payment, please put in our secure drop box located on the 2nd floor outside the El Paso County Treasurer/ Public Trustee’s door.

We will continue to have foreclosure sales on Wednesdays at 10:00 in room 1020. We will only permit investors that have certified funds to bid on properties in the sale, no observers may attend. All attendees must wear a mask.

If you have been financially impacted by the CO-VID19 Crisis, please contact your lender’s Loss Mitigation Department regarding a forbearance, loan modification or other programs that they may have available to help you avoid foreclosure.

WE HAVE MOVED

We have moved to the El Paso County Citizens Service Center located at 1675 W. Garden of the Gods Road Ste 2100, Colorado Springs, CO 80907

The El Paso County Public Trustee Foreclosure Sales are held on Wednesdays at 10:00 in room 1020 at the El Paso County Citizens Service Center.

NOTICE TO AN OWNER IN FORECLOSURE:

IF YOUR PROPERTY GOES TO FORECLOSURE AUCTION SALE AND& IS PURCHASED FOR MORE THAN THE TOTAL OWED TO THE LENDER AND TO ALL OTHER LIEN HOLDERS, PLEASE CONTACT THE PUBLIC TRUSTEE'S OFFICE AFTER THE SALE BECAUSE YOU MAY HAVE FUNDS DUE TO YOU.

THERE IS NO REASON TO CONTRACT WITH A 3RD PARTY TO OBTAIN THE FUNDS YOU ARE OWED. IT COSTS YOU NOTHING TO CLAIM YOUR OVERBID FUNDS. CALL 520-6780 OR 520-6787, OR EMAIL EFORECLOSURES@ELPASOPUBLICTRUSTEE.COM

If you are the holder of a junior lien on a property with overbid funds, you may claim those funds, up the amount of your lien, by filing an intent to redeem with this Office within 8 business days after sale. The cost of filing the intent is $50. You do not need to actually redeem to collect the overbid funds.

Persons who may have funds due:

David Gauger and Kim Gauger
Theodore E. Garceau and Josephine A. Garceau

IN ADDITION, BE AWARE THAT OWNERSHIP OF THE PROPERTY WILL NOT TRANSFER AWAY FROM YOU UNTIL AT LEAST 8 BUSINESS DAYS AFTER THE ACTUAL FORECLOSURE SALE, WHICH MAY OCCUR AT A DATE LATER THAN THE INITIAL SALE DATE INDICATED ON THE MAILED NOTICE YOU RECEIVE FROM THIS OFFICE. THERE IS NO REASON TO VACATE YOUR HOME PRIOR TO THE ACTUAL FORECLOSURE SALE.

IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 38-38-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38-103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS.

Colorado Attorney General
1300 Broadway, 10th Floor
Denver, Colorado 80203
(800) 222-4444
www.coloradoattorneygeneral.gov
Federal Consumer Financial Protection Bureau
P.O. Box 4503
Iowa City, Iowa 52244
(855) 411-2372
www.consumerfinance.gov

SEE THIS BROCHURE FOR MORE ON YOUR RIGHTS AS A PROPERTY OWNER OR AS A TENANT: Homeowner Tenant Help

The El Paso County Public Trustee has been protecting the rights of borrowers, lenders, and lienholders since 1894. The Office of the Public Trustee is fully funded by fees collected for services provided.  Any such funds received in excess of operating expenses are turned over to the El Paso County general fund, after ensuring the maintenance of an operational reserve, as required by law.

The El Paso County Public Trustee’s office serves the citizens of El Paso County as defined in the Colorado Revised Statutes. The Public Trustee manages the release of deeds of trust and foreclosure of deeds of trust on properties within El Paso County. We administer these processes in a professional manner adhering to the guidelines and timelines set by the Colorado Revised Statutes.

In the largest counties in Colorado, including El Paso, the Public Trustee is appointed to a four year term by the Governor. In other counties, the elected Treasurer is the Public Trustee for the concurrent term. The powers and duties of the office of Public Trustee and procedures for the operation of the office are defined in Title 38 of the Colorado Revised Statutes. The areas covered include:

  • Foreclosures of Deeds of Trust
  • Releases of Deeds of Trust

The Public Trustee does not:

  • Give legal advice – contact an Attorney.
  • Handle Tax Sales – contact the County Treasurer at 719-520-7900.
  • Release private trustee mortgage transactions.
  • Handle Federal Auctions, such as HUD or VA.
  • Have information regarding liens on foreclosed property – contact the Clerk and Recorder at 520-6200.
  • Have access to the foreclosed property.

Related Downloads:

Public Trustee Policies

El Paso County Sale Procedures

Public Trustee Fee Schedule 1/1/2017