DESCRIPTION OF ITEM
2 Bedroom/2 Bath Unit, 1 week Annual usage. Floating, High Season(weeks 1-52). First year available usage is 2013 based upon availability at the time of transfer. The 2013 maintenance fees are approx. $938.60. According to Starwood, the past due fees are approx. $1,052.29 as of 5-31-2013. Contract #810512, Deeded as week 3, unit #1782. According to Starwood, the mortgage on the timeshare was paid in full. The fee to transfer the ownership is $25.
LIENS: Past due fees are approx. $1,052.29, payable by the buyer. We do not know of any other liens.
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 and the gathering of any documentation necessary for that process. 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 Sheraton Vistana 8800 Vistana Centre Drive Orlando, FL 32821 (407) 239-3100
MANAGEMENT COMPANY Starwood Vacations 9002 San Marco Court, Orlando, FL 32819 888-796-9637
On-Site: Bar/Cocktail Lounge, Car Rentals, Live Entertainment, Clubhouse, Exercise Room – Equipped, Grocery/Convenience Store, Laundry Facilities, Restaurant, Outdoor Swimming Pool, Sauna or Steam Room and Whirlpool Spa or Hot tub and Tennis. Unit: A/C, Cooking Facilities, VCR/DVD player and TV. Nearby: Boat Marina/Launching, Day Spa, Fishing, Golf, Lake, Horseback Riding, Sailing and Water Skiing.
In the midst of Orlando’s theme parks, you never have to leave the resort for fun or relaxation. The property features twelve tennis courts, seven swimming pools, eight hot tubs, an 18-hole miniature golf course, daily activities, playgrounds and jogging trails. Dining venues include Zimmie’s Casual Eatery & Sports Bar, Cascades Bar & Grill, KFC, A&W and Pizza Hut Express (seasonal). The Market Place grocery serves Starbucks coffee and boasts a New York style Deli. After busy days, spacious and well-appointed one and two bedroom villas welcome you.
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: Banaszak01
Case Name: Stanley & Teresa Banaszak
Case Number: 12-26941-MER