With this simple start, Denver’s weekly Tuesday morning auction of foreclosed homes got underway: “Good morning. I’ll start with the standard disclaimer. For any bankruptcy filings we may have been told about by 10 a.m. this morning, those properties will not be offered for sale today.”
One recent morning, eight people gathered in a conference room in the city’s Webb Municipal Office Building. One was Richard Dewar, a deputy public trustee of the Denver clerk and recorder, arriving promptly at 10 a.m. from his office across the hall.
“Today, we have about 50 properties,” Dewar told the group.
They represent the number of foreclosed homes that were newly available for purchase that week.