Beach Timeshare in Orange County, CA!

ITEM ID#: Schaefer01
CASE NUMBER: #04-04096-PHX-GBN
CASE NAME: Schaefer, Jerome & Jeanette
 

NAME OF TIMESHARE: Capistrano Surfside Inn, 34680 Coast Hwy., Capistrano Beach, CA, 92624 (949)240-7681

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. 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 Sandpiper timeshare, 1 week every year, floating - high season. Three "banked weeks" with "Trading Places" are available to new buyers if not expired, weeks expire 12/04, 12/05, and 1/06. Annual fees for 2005 are approximately $452.00 due 1-1-2005. Taxes billed separately, approx. $26 due for 2005. Transfer fee of $75 required by Management Company.

MANAGEMENT COMPANY: VRI, 866-469-8222

LIENS: According to the Management Co., there are no past due fees at this time. We do not know of any liens.

AMENITIES: All units have a full kitchen with a dishwasher and microwave. All units have private patios with barbeques. On-site amenities include: Exercise equipment, games room, swimming pool and whirlpool/hot tub. Nearby there is a beach, boating, fishing, wind surfing, golf, tennis, live entertainment, restaurants, horseback riding, hairdressers, racquetball, and a shopping area.

LOCATION INFO: Capistrano Beach is one of those great beaches that offers a friendly, small town atmosphere. Unlike the wide and sandy beaches to the north in Newport and Huntington Beach, this area's beaches are generally narrower stretches at the base of hills and cliffs. South Orange County is also a bit further from the big theme park draws, Disneyland and Universal Studios. Tourists on 3-day trips don't have time to explore the California coast and tend to pick the closest beaches to the parks. Capistrano Beach has great sand for volleyball, basketball and other beach activities. During the summer months, a concession building offers fishing gear rental and sales, food and beverages, and beach supplies. Public restrooms, outside showers, seven volleyball courts, a basketball court with lighting and fire rings are offered. A paved parking lot for 140 cars is provided.

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.