ITEM ID#: Krause01
CASE NUMBER: #04-11979-PHX-GBN
CASE NAME: Krause, Paula A.

NAME OF TIMESHARE: Scottsdale Villa Mirage Resort 7887 E. Princess Blvd. Scottsdale, AZ 85255. (480) 473-4000

MANAGEMENT COMPANY: Sunterra. 1-877-CLUB-SUN (258-2786)

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 a Trustee's Deed for the Timeshare to indicate Ownership. All the information as to the item description has been provided by the management company/Resort. BKAssets.com cannot guarantee that all the information is accurate. BKAssets.com recommends bidders perform their own due diligence prior to bidding. As with any bankruptcy sale, this sale may be subject to court approval. Please read sections of this ad carefully, especially for real estate sales.

DESCRIPTION OF ITEM: 1 large suite, studio unit, 1 queen bed + 1 queen pull-out bed/1 bath (sleeps 4), 1 week odd numbered years, floating - red season. 2004 Annual fee of $166.75. Past due fees are $223.65 includes 2004. Exchangeable through RCI. Debtors paid approx. $5000 in 1997. Interval 1104.

LIENS: Past due fees are $223.65 We do not know of any liens.

AMENITIES: UNIT: Air Conditioning, Carpet, Partial Kitchen, Microwave, Telephone, Patio/Balcony, VCR, Cable Television. ON-SITE: Children's Pool, Exercise Equipment, Game Room, Health Club, Laundry, Sauna, Outdoor Swimming Pool, Tennis Courts, Whirlpool/Hot Tub, Picnic Area, Organized Activities, Jeep Tours, Gift Shop, Basketball Courts, BBQ Area, Movie Rentals. NEARBY: Mini Golf, Medical Facilities, River Rafting, Lounge, Museums, Mountain Biking, Historic Sites, Hay-rides, Hot Air Ballooning, Horseback Riding, Hiking, Hair Salon, Grocery, Golf Course, Theme Parks, Nightlife, Rodeos, Dry Cleaning, Snack Bars, Shuttle Service, State National Parks, Shopping Area, Child Care Service, Casino, Restaurants, Boating, Racquetball Courts, Pro Shops, Movie Theatres, Meeting Facilities, Auto Rental

LOCATION: Relax and rejuvenate at the Scottsdale Villa Mirage and enjoy 300 days of sunshine! The resort is only 10 miles from downtown Scottsdale, which provides the perfect setting for recreation and nightlife. Scottsdale is known for its spectacular views of McDowell Mountains, restaurants, and Western ambience. Villa Mirage is just minutes from shopping, arts-and-crafts shops, and championship golf courses. The resort reflects the southwestern architecture and features an exercise room, outdoor pool, and tennis courts. Area attractions include desert Jeep tours, the Phoenix Zoo, spring training baseball camps, and day-trips to the Grand Canyon and Sedona.

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 $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.