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Timeshare Marriott’s Newport Coast , CA – SOLD FOR $4,050

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DESCRIPTION OF ITEM
2 Bedroom/2 Bath unit, 1 week Biennial, odd year usage. Floating – Platinum Season (Weeks for 2013 are June 7th – Dec. 18th, except for the week of July 1st) . Deeded as Unit 3330, Week 47.  The 2013 maintenance fees of  $480.56 have been paid but are billed annually. There are no past due fees.  The fee to transfer the ownership is $25. First year available usage is 2013 based upon availability at the time of transfer. Marriott has the First Right of Refusal on this property. Full payment must be sent for us to request the Waiver. If Marriott decides to exercise their Right, your full payment will be refunded.

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 Trustee’s Deed 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.

NAME OF TIMESHARE: Marriott Newport Coast Villas 23000 Newport Coast Drive, Newport Coast, CA 92657 (949) 464-6000

MANAGEMENT COMPANY: Marriott Vacation Club PO Box 24747 Lakeland, FL 33802  (800) 850-6674

LIENS  We do not know of any liens.

LOCATION INFO
Edging California’s Newport Coast beaches, these well-appointed villas are near the Pacific Ocean. Guests will enjoy unlimited opportunities for swimming and golf. among other recreational enticements are a fitness center with sauna and steam room, four outdoor pools, three outdoor whirlpool spas, walking trails and barbecue areas. A convenience store is located on-site and a full-service spa is adjacent to the property. A seasonal pool bar and grill is available.

AMENITIES
On-Site:  Bar/Cocktail Lounge, Equipped Exercise Rom, Grocery/Convenience Store, Laundry Facilities, Playground, Outdoor Swimming pool Sauna or Steam Room, Tennis and Whirlpool spa or Hot tub. Unit: Cooking Facilities, Air conditioning, TV and DVD or VCR player. Nearby: Beach, Bicycle Trails, Boat Marina/Launching, Car Rentals, Day spa, Live Entertainment, Fishing, Golf, Lake, Racquetball, Restaurant, Sailing/Rentals and Scuba Diving.

NOTES
This is all we know about this asset. A title search has NOT been performed on this item. CSAssets does not provide title insurance and Escrow is not an option for these sales. 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: Franklin01

Case Name: Keith E. & Dianne M. Franklin

Case Number: 12-26680-BMW