ITEM ID#: Tye02
CASE NUMBER: #03-00717-TUC-EWH
CASE NAME: Tye, Arthur & Barbara
 

NAME OF TIMESHARE: ILX Premiere Vacation Club

MANAGEMENT COMPANY: ILX Resorts, 2111 E Highland Ave. Ste. 210, Phoenix, AZ 85016. Phone: 1 800-418-6499

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 all 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: Membership # GO-A-P-00512. Prime Season, 2 bedroom, 2 bath gold (Flagstaff) unit, 1 week annually, Floating, red season. Owners can stay at any ILX/Premiere Vacation Club resort (see ILX Resorts below for more details), home resort is Sedona Vacation Club. Annual Fees for 2005 $655.50 (have not been paid). Transfer fee of $100. Debtors paid $6495 in 2001.

LIENS: We do not know of any liens.

ILX Resorts: The ILX portfolio of resorts consists of six resorts in Arizona, one in Indiana, one in Colorado, one in San Carlos, Mexico, and land adjacent to an existing resort for which it holds development rights. Vacation Ownership Interests in individual ILX Resorts and in Premiere Vacation Club may be exchanged for stays at other resorts through the major national exchange networks in which ILX owners may participate, including RCI and II. Descriptions of all units and amenities for each resort can be found at the Premiere Vacation Club website. The resort pictured below is Los Abrigados in Sedona, AZ.

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.