NAME OF TIMESHARE
Club at South Mountain Preserve (aka Desert Arroyo) 4647 E. Francisco Drive Phoenix, AZ 85044 (602) 386-1900
MANAGEMENT COMPANY
Wyndham Vacation Ownership Las Vegas, NV (877) 743-5510.
DESCRIPTION OF ITEM
50,000 Vacation Points awarded annually that can be used at The Club at South Mountain Reserve or exchanged with RCI for usage at any RCI resort. 50,000 points allows for a 1100 sq. ft. unit with 2 bedrooms and 2 baths during High Season. Membership #592-1536. The 2015 maintenance fees are $547.00. Past due fees for 2015 are approx. $929.90, payable by the Buyer (includes 2014 and 2015 fees). The 2016 maintenance fees will be billed out on 5/1/2016. The fee to transfer the ownership is $299.00. First year available usage is 2016 based upon availability at the time of transfer. There are currently 50,000 points available that will transfer to the buyer depending on availability at the time of transfer. This is not a deeded timeshare. It is a Membership. The buyer will receive a bill of sale and the transfer documents from Wyndham.
LIENS
Past due fees are approx. $929.60, payable by the Buyer. We do not know of any other liens.
AMENITIES
Unit Amenities include a Full Kitchen, a Wood burning fireplace, DVD Player, Television: Cable TV, Heating and Air Conditioning and a washer and dryer, telephone, Outdoor living space: Private Balcony/Patio. On-Site Amenities: 2 outdoor Swimming Pools, 2 Hot Tubs, Guided hikes and walking trails. Off-Site amenities: Golf (nearby), (5.0 miles) – Running track/path, Volleyball, Boating, Bicycling, Lake & Windsurfing. (10 miles or more) -Tennis, Ice Skating, Hunting, Jet Skiing, Bowling Alley and Archery.
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.
LOCATION INFO
Just steps from the resort’s front door and yours, are trail access and staging areas to explore the South Mountain Preserve’s 17,000 acres of breathtaking desert vistas. Come discover a stunning variety of desert wildlife and rare pertoglphys created centuries ago by Native American Indians. The resort is where you can enjoy the area’s 300 days a year of sunshine by luxurious pool, relaxation in the heated outdoor Jacuzzi, outdoor barbecue area, wireless internet and computer and printer in the lobby. Downtown Phoenix is only fifteen minutes away with its myriad of entertainment, shopping and dining options.
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: Lightle01
Case Name: Jack & Connie Lightle
Case Number: 14-12615-BMW
