ITEM ID#: Xiong01
CASE NUMBER: #08-28616-ABC
CASE NAME: Yota & Julie Xiong
NAME OF TIMESHARE: Villas at Summer Bay, 17805 US Highway 192
Clermont, FL 34714
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 and
the trustee shall be under no obligation to buyer except to provide buyer with a
Trustee's Deed. All the information as to the item description has been provided
by the management company and/or the Resort. BKAssets cannot guarantee that all
the information is accurate. BKAssets 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 the Notes and Terms sections of this ad
carefully, especially for real estate sales. BKAssets does not send Second
Chance Offers. Please beware of Second Chance Offer scams.
IMPORTANT INFORMATION: Potential Bidders with feedback scores of 3 or
lower must call (480) 969-1760 prior to bidding on this item. A document
preparation fee of $200 (payable to seller) will apply.
DESCRIPTION OF ITEM: Timeshare at Villas at Summer Bay in Clermont,
Florida. Annual fees for 2009 are $357.37, total due is $494.92 (includes 2009
annual fee, $25.00 late fee, $107.21 collection fee, $5.34 inter). Assigned week
24, 1 week a year biennial, 2 bed 2 bath, 925 sq. ft, Unit assigned 103-203.
$50.00 fee to transfer the membership.
MANAGEMENT COMPANY: Summer Bay Management, 25 Town Central Blvd.
Claremont, FL 34714
LIENS: Past due fees, $494.92 (includes 2009 annual fee), 2009 annual fees,
$357.37. We do not know of any
other liens.
AMENITIES: IN ROOM: The villa features: one king-size bed in the master
bedroom, two twin beds or one queen size bed in the guest bedroom and a queen
sleeper sofa in the living room, separate living and dining areas,
fully-equipped kitchen with service for 6, washer and dryer, hair dryer, ceiling
fans, three color cable tvs' with remote control and video tape player in the
living room. ON-SITE: At the heart of our resort is our world class clubhouse
which features a relaxing atrium area, a state-of-the-art fitness center and a
poolside tiki bar. Our main lake backs up to the clubhouse.
LOCATION INFO: An assortment of water sport activities such as jet
skiing, water skiing, canoeing, and pontoon boating can provide fun and
excitement for family members of all ages. Smaller lakes are scattered through
our resort as well as conveniently located swimming pools, most of which feature
crystal clean hot tubs. This is just one of the reasons families return to our
resort for their vacation year after year. The big three local attractions; Walt
Disney WorldŽ Resort , Universal Studios FloridaŽ and Sea WorldŽ.
NOTES: This is all we know about this item. A title search was NOT
performed on this property. BKAssets does not provide title insurance. If title
insurance is desired, the buyer is responsible for obtaining it through a title
company. A document preparation fee of $200 (payable to seller) will apply. Any
fees/liens owing on this item are not part of the final bid price. Serious
bidders only. A bid submitted by a buyer is an agreement to our Terms.
The eBay disclaimer in the bid area regarding "contract to purchase"
does not apply to our U.S. Bankruptcy Court Ordered Sales. Buyers should not bid
unless they fully intend to complete the sale in order to avoid the penalties
listed in our Terms.