ITEM ID#: Darwish01
CASE NUMBER: #05-45910-EDJ
CASE NAME: Darwish, Ahmed M. & Katherine R.
NAME OF TIMESHARE: Palm Canyon Resort & Spa - 2800 S.
Palm Canyon Dr., Palm Springs, CA 92264-9337 (760) 866-1800
MANAGEMENT COMPANY: Monarch Grand Vacations (800) 828-4200
IMPORTANT LEGAL INFO: BKassets specializes in the liquidation
of tangible and intangible bankruptcy assets. We sell all timeshares
AS IS, WHERE IS, with no warranties implied or stated. This means that
the Seller and the trustee are not responsible for problems (if any)
with the title, the condition of the unit, or any liens or
encumbrances against the unit. The buyer will be entirely responsible
for this timeshare after the sale including but not limited to: paying
any fees/costs associated with this timeshare, paying all fees/liens
(if any), recording/transferring the title and gathering any
paperwork/documentation necessary for that process. Seller and trustee
are NOT realtors. BKAssets and the trustee shall be under no
obligation to buyer except to provide buyer with a Trustee's Deed. All
the information as to the item description has been provided by the
management company/Resort. BKAssets cannot guarantee that all the
information is accurate. BKAssets recommends bidders perform their own
due diligence prior to bidding. As with any bankruptcy sale, this sale
is subject to court approval. Please read sections of this ad
carefully, especially for real estate sales. BKAssets does not send
Second Chance Offers. Please beware of Second Chance Offer scams.
DESCRIPTION OF ITEM: 133 Monarch Grand Vacation points every
odd year at Palm Canyon Resort (usage in a 1 or 2 bedroom unit varies
depending on the season). Parcel #512-180-009-8. 2006 annual fees are
$272.65 (taxes included). 1st quarter of 2006 fees of $74.96 are past
due as of 2-1-06. Transfer fee of $200. Debtors purchased for $6,990
in 2001.
LIENS: 1st quarter of 2006 fees of $74.96 are past due as of
2-1-06. We do not know of any liens.
AMENITIES: ON SITE: Air Conditioning, Bar/Cocktail Lounge,
Cooking Facilities, Day Spa, Equipped Exercise Room, Laundry
Facilities, Outdoor Swimming Pool, Sauna or Steam Room, Whirlpool Spa
or Hot Tub. NEARBY: Auto Rentals, Bicycle Trails, Casino, Golf,
Grocery/Convenience Store, Live Entertainment, Horseback Riding,
Restaurant and Tennis.
LOCATION: The resort has villas with kitchens, decks, spa tubs,
and designer furniture. The Palm Canyon clubhouse contains the front
desk for check-in, an adult lounge and game room, a children's game
room, an ATM, Internet kiosk, weight-training room, sauna, and an
air-conditioned combination indoor basketball and sport court
facility. In addition, you'll find a day spa, which offers facials and
massage therapy. The resort's swimming pool and sundeck encircle a
20-foot-high rockscape with palm trees, waterslides, waterfalls,
underground walkways, and an outdoor spa.
NOTES: This is all we know about this item. A title search was
NOT performed on this property. BKAssets does not provide title
insurance. If title insurance is desired, the buyer is responsible for
obtaining it through a title company. A deed preparation fee of $150
(payable to seller) will apply. Any fees/liens owing on this unit
are not part of the final bid price. Serious bidders only. A bid
submitted by a buyer is an agreement to our Terms.
Buyers should not bid unless they fully intend to complete the sale in
order to avoid the penalties listed in our Terms.
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