ITEM ID#: Ruiz01
CASE NUMBER: #03-01482-PHX-RJH
CASE NAME: Ruiz, Michael & Amie

NAME OF TIMESHARE: Sedona Springs Resort, 55 Northview Road, Sedona, AZ 86339. (928) 204-3400

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. As with any bankruptcy case, this sale may be subject to court approval. We recommend that all bidders do their own due diligence prior to bidding. Please read sections of this ad carefully, especially for real estate sales.

DESCRIPTION OF ITEM: 2 bedroom and 2.5 bath unit-sleeps 8 at capacity, 1 biennial week, every odd year, floating, New assessment of annual fees for 2004 $352.50 will be due. Transfer fee of $75.

LIENS: According to Management there are no past due fees. We do not know of any liens.

AMENITIES: Unit Amenities include Air Conditioning, Carpet, Dishwasher, Fireplace, Kitchen (Partial/Full), Microwave, Telephone, VCR. Onsite Amenities include Exercise Equipment, Fireplace, Games Room, Handicapped Unit, Laundry, Playground Area, Sauna, Swimming Pool, Whirlpool/Hot Tub. Nearby Amenities include Auto Rental ( 1.0 miles), Boating ( 50.0 miles), Casino ( 28.0 miles), Cross-Country Skiing ( 50.0 miles), Downhill Skiing ( 50.0 miles), Fishing ( 10.0 miles), Golf ( 8.0 miles), Grocery Store (Nearby), Hairdresser (Nearby), Health Club ( 8.0 miles), Horseback Riding ( 4.0 miles), Lake ( 40.0 miles), Live Entertainment, Nearby), Medical Facilities ( 2.0 miles), Racquetball ( 8.0 miles), Restaurant (Nearby), Shopping Area (Nearby), Squash ( 8.0 miles), Tennis ( 8.0 miles)

LOCATION: At Sedona Springs Resort, you'll find the perfect mix of relaxation and adventure. Located in rugged canyons and sheer red cliffs, Sedona blends natural beauty with modern and ancient culture. Take a Jeep tour to explore the area and visit numerous nearby American Indian ruins or relax by the resort's pool. Pleasant temperatures prevail, making a walk along Oak Creek, a bike ride in the countryside, or a round of golf an everyday occurrence. In addition to the surrounding scenery, attractions include outstanding art galleries, cultural activities, and wonderful restaurants.

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.