The winning bidder must provide the total payment for the amount of the winning bid immediately after being recognized as the highest bidder and before the property is struck and sold. The winning bidder will NOT have extra time to bring in additional funds.
If the highest bidder fails to submit the amount of funds needed to finalize the sale, then the next highest bidder who tenders the full amount of their bid shall be deemed the successful bidder. 

Certificate of Purchase

• No later than five (5) business days after the sale, the Public Trustee Office will execute and record a Certificate of Purchase. For details, see C.R.S. § 38-38-401. Recorded copies of the Certificate of Purchase are available from the Arapahoe County Clerk and Recorder. Unofficial copies are available using the Foreclosure Property Search application.
• The Certificate of Purchase is simply evidence of the investment made. It does not transfer ownership of the property. It does not grant a right of access to the property or the right to evict someone from the property.

Redemption Rights

• The successful bidder may be redeemed by a junior lien holder. Junior lienors may file an Intent to Redeem only on junior liens that were recorded prior to the filing of the Notice of Election & Demand to Foreclose.
•  Property owners do not have the right to redeem after the Foreclosure sale. Instead, they have the right to cure prior to the sale.
• Intents to redeem must be filed within 8 business days after the foreclosure sale with the Arapahoe County Public Trustee, 1610 W. Littleton Blvd., Ste. 150, Littleton, CO 80120.
• If a valid Intent to Redeem is filed by a junior lienor, the Public Trustee Office will contact the holder of the Certificate of Purchase for a signed and notarized  Redemption Statement that complies with C.R.S. § 38-38-302.
• The redemption period may be extended if multiple Intents to Redeem are filed.
• If a junior lienholder is able to redeem the property, they will receive a Certificate of Redemption.

Title Vests

• Ownership of the property transfers when title vests at the end of the redemption period, which can be as soon as the 9th business day after the sale, or longer depending on whether any junior lienholders have filed intents to redeem. 

Public Trustee Confirmation Deed 

• After title vests, the Public Trustee Office will execute and record a Confirmation Deed to either the Holder of the Certificate of Purchase or the Holder of the Last Certificate of Redemption.