NAME OF TIMESHARE WorldMark Las Vegas Boulevard 8601 S. Las Vegas Blvd. Las Vegas, NV 89123 (702) 492-9863
MANAGEMENT COMPANY Wyndham Resorts 8427 Southpark Circle, Suite 500, Orlando, FL 32819 (800) 251-8736
DESCRIPTION OF ITEM
This membership is for 8,000 Premier Vacation Credits awarded annually in March, that can be used at any WorldMark location. Membership #01004094. According to WorldMark, the mortgage contract has been paid in full and the first year available usage is 2015. There are 21,650 Credits currently available, though 5,650 credits expire March 31st. It may not be possible to get the transfer completed in time to retain those credits. If those Credits drop off, there will be 16,000 available. The 2015 maintenance fees are $716.59. The past due maintenance fees are approx. $530 as of 3-31-15. The fee to transfer the ownership is $299. Please note, it can take up to 3-4 weeks to get Transfer Documents from Wyndham. The resort pictured below is WorldMark Las Vegas Boulevard.
IMPORTANT LEGAL INFO
CSAssets specializes in the liquidation of Bankruptcy Assets and Personal Assets. All Bankruptcy Assets are sold “AS IS WHERE IS” with no warranties implied or stated. The Seller and the Bankruptcy Trustee are not responsible for issues, if any, with the title, the condition of the unit, or any liens or encumbrances against the unit. CSAssets has to rely on the information as to the item description that has been provided by the Management Company and/or the Resort or the Debtor. CSAssets cannot guarantee that all of the information is accurate. The Buyer will be entirely responsible for this timeshare after the sale, including but not limited to: paying any fees associated with the transfer of the timeshare, the recording of the deed and/or transfer of membership or Title. The Seller and Trustee are Not Realtors. CSAssets and the Trustee shall be under no obligation to the buyer except to provide the Buyer with a Bill of Sale and the Transfer Documents for the timeshare. CSAssets recommends all bidders perform their own due diligence PRIOR to bidding on this item. As with any Bankruptcy case, this sale may be subject to court approval. Please read all sections of the ad carefully, particularly for real estate sales.
LIENS Past due fees of approx. $529.00, payable by the Buyer. We do not know of any liens.
On-Site: Wi-Fi Internet in Common Areas, Outdoor Swimming Pool and Children’s Pool. Unit: Air Conditioning, Fully equipped Kitchen, Cable TV, VCR/DVD player and Fireplace.
WorldMark Las Vegas is located about four miles south from Mandalay Bay and features a regular shuttle service to the heart of the world-famous Las Vegas Strip. When you feel like venturing out, you won’t have far to go for great activities. The new roller coasters, themed shops, museums, aquariums and casinos are yours to explore. Have a Gondolier sing to you while you’re propelled along the canals of a virtual Venice, or take in the magic of a Cirque du Soleil show.
This is all we know about this asset. A title search has NOT been performed on this item. CSAssets does not provide title insurance. If title insurance is desired, the buyer will be responsible for obtaining it through a Title Company. A document preparation fee of $200 will apply and will be included in the total of your invoice. Any fees/liens owing on this item are not part of the final bidding price. Serious Bidders Only. A bid submitted by a potential Buyer is an agreement to our Terms. The eBay disclaimer regarding “contract to purchase” does not apply to our U.S. Bankruptcy Court Ordered Sales. Potential Buyers should not bid unless the fully intend to complete the sale.
Item ID: Schawo01
Case Name: Ralph Schawo & Dolores Michaels-Schawo
Case Number: 14-14233