ITEM ID#: Gerchick02
CASE NUMBER: #04-09430-PHX-SSC
CASE NAME: Gerchick, Marvin & Lola
NAME OF TIMESHARE: Club Velas Vallarta, Paseo de la Marina 526,
Puerto Vallarta, MX 800-835-2778
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.com and the trustee shall be under no obligation to
buyer except to provide buyer with Trustee's Deed or a Bill of Sale whichever
is required by the Management company. All the information as to the item
description has been provided by the management company and/or the Resort.
BKAssets.com cannot guarantee that all the information is accurate. BKAssets
recommends all bidders perform their own due diligence prior to bidding. As
with any bankruptcy case, this sale may be subject to court approval. Please
read sections of this ad carefully, especially for real estate sales.
DESCRIPTION OF ITEM: 1 bedroom, 1 bath villa, 1 week annually, floating
- red season, annual fees of $627.12 for 2004 were paid. First year available
usage is 2005. Membership #C-6267 expires 2025. Transfer fee of $100 required
by Management Company.
MANAGEMENT COMPANY: Velas Vallarta 8525 Sunset Blvd. W. Hollywood, CA
90069 (800)659-8477
LIENS: We do not know of any liens.
AMENITIES: All units have a full or partial kitchen with telephone and
microwave. On-site amenities include: Auto Rental, Beach, Children's Pool,
Exercise equipment, Grocery Store, Laundry, Live Entertainment, Medical
facilities, playground area, Restaurant, Sauna, Snack Bar, Spa, swimming pool
and Tennis.
LOCATION INFO: The resort is located on a lush 10 acre, ocean front
site, within walking distance is the most modern marina in Mexico, Marina
Vallarta, with more than 300 yacht-sized slips. Most suites offer a
breathtaking ocean view of the magnificent Bay of Banderas. Three beautifully
landscaped pools, including one with a waterfall, provide a refreshing setting
for sunbathing and relaxing. Vacation dreams become reality when they begin at
Club Velas Vallarta. Listen to the sounds of the Pacific Ocean or stroll
through the palm-laced gardens on the grounds of this beautiful resort. Water
activities abound, and other sports are available too.
NOTES: This is all we know about this item. A title search was NOT
performed on this property. BKAssets.com 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 $100 (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.
