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Additional questions? Please contact us at FBO: 970-731-2127 or the airport office at: 970-731-3060.
In Colorado, property is valued using the three approaches to value: the market approach, the cost approach, and the income approach. However, there are exceptions. Residential real property is valued by the market approach only and agricultural and natural resource land use a production based valuation procedure.
The data used to apply the various approaches to value are gathered during specific data collection periods as described in statute. Only information from those time frames can be used to determine the level of value.
Property taxes are not calculated on the ''full actual value'' as determined by the assessor. Instead, an assessment percentage is applied according to the classification of the property. 39-1-104(1) and (1.5), C.R.S. Residential property is assessed at a percentage of the actual value; currently, this percentage is 7.96% while most other property is assessed at 29%.
Foreclosing lender to the extent of any deficiency bid; Junior lienors whose lien was of record when the Notice of Election and Demand was recorded, who filed a Notice of Intent to Redeem, and whose lien has not yet been redeemed;
Property owner as of the recording of the Notice ofElection and Demand
Federal Deposit Insurance Companywww.fdic.gov877-275-3342
Office of the Attorney General1525 Sherman Street, 5th FloorDenver, CO 80203www.coloradoattorneygeneral.gov800-222-4444
Colorado Supreme court (for attorney)www.coloradosupremecourt.com303-866-6400 or toll free 877-888-1370
Colorado Department of Regulatory Agencies (for agent or broker)www.dora.state.co.us/real-estate/Complaints/Complaints.htm303-894-2185 or 303-894-2166