Escrow & Title
In Colorado, after a successful non-judicial foreclosure sale, the borrower's right to redeem (buy back) the property:
AA. Does not exist in Colorado
BB. Exists for a period after the sale (75 days for residential property), during which the borrower may redeem by paying the full sale price plus costs✓ Correct
CC. Lasts for 1 year after the sale
DD. Is unlimited and may be exercised at any time
Explanation
In Colorado's non-judicial public trustee foreclosure, the borrower has a statutory right of redemption: 75 days for most residential properties, during which the borrower (or other redemption-eligible parties) may redeem by paying the foreclosure sale price plus costs and interest. Junior lien holders have redemption periods as well. After the redemption period expires, the public trustee issues the deed.
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