Colorado has a post-sale statutory right of redemption for foreclosures, which would allow a party whose property has been foreclosed to reclaim that property 75 days after the sale by making payment in full of the sum of the unpaid loan plus, taxes, costs and interest by submitting an intent to redeem at least 15 prior to the end of the redemption period. Within 8 days of such notice the property owner will receive a payoff number to redeem. This affords the property owner time to arrange for the payoff.