DESCRIPTION OF ITEM
11,000 Vacation Points awarded Annually, Floating usage. This is a Deeded timeshare with no Week or Unit assigned. The timeshare is deeded as an 11,000 point ownership at HNY Club Suites Phase I. The 2018 maintenance fees of $3,406.30 have not been paid (includes a $290.00 Club dues fee). The past due fees are approx. $3,843.93 (includes late fees and penalties). The mortgage has been paid in full. There are 11,000 Points awarded annually with 11,000/9,900 points currently available. The 11,000 points are from 2018 and the 9,900 points were saved from 2017. The 9,900 points will expire on 12/31/18. The Owners used their points for 2019. The next points that will be awarded to the buyer will be in 2020. The fee to transfer the ownership is $399 and the new owner will be invoiced for a $599 Club Activation fee. Contract #81-3260. First year available usage is 2018 based upon availability at the time of transfer. Hilton has the First Right of Refusal on this property. Full Payment must be sent for us to request the Waiver. If Hilton decides to exercise their Right, your full payment will be refunded. The past due fees, Club Activation Fee and Transfer Fee will all be paid by the Buyer directly to HGVC once the Waiver has been issued.
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: Hilton Club New York 1335 Avenue of the Americas New York, NY 10019 (646) 459-6500
MANAGEMENT COMPANY: HGVC 6355 Metrowest Blvd #180 Orlando, FL 32822 (407) 722-3100
AMENITIES
On-Site: Child Care, ATM/banking, Fitness Center, Concierge, Laundry Facilities, Car Rental, Dry Cleaning, Internet Access and Restaurant. Off-Site: Parks/Zoos, Shopping, Movie Theater, Cultural Sites, Historical Areas, Entertainment/Nightlife, Salon and Medical Facility all Nearby.
LOCATION INFO
From the moment you arrive, you will experience superior Concierge service, luxury and convenience. Your vacation resort is surrounded by 10 blocks of the best attractions that New York City has to offer. After a day of sightseeing, you can take a stroll through Central Park or arrange a massage.
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: Desvigne01
Case Name: Michael N. Desvigne
Case Number: 18-04969
