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| AUCTION ID #: 335598 |
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| Timeshare: ST. CROIX, U.S. Virgin Islands- Hotel on the Cay- Week #38 |
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| Winning Bid: |
USD $295 |
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| Number of Bids: |
1 |
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| Winner: |
LMALEX |
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| Reserve: |
No Reserve! |
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| Status: |
Sold |
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| Auction Started: |
06-01-07 01:15 PM ET |
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| Auction Closed: |
06-14-07 09:00 PM ET |
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| Asset Description |
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| Hotel on the Cay |
| This resort is located on a beautiful private island in St. Croix, Virgin Islands. It is only a two-minute complimentary ferry ride to Christiansted, St. Croix. There is a beautiful white sand beach with crystal clear water right at the resort! This is the only beach located in the Christiansted area in St. Croix.
This is a hotel style unit that sleeps four people. It is a unit #204, which is a second story unit with a breathtaking ocean view right from your private patio! This auction is for a fixed week #38, which is a middle through end of September week each year. The exact dates of use for the year 2007 will be September 22-29.
Resort amenities include: bar, beach, boating (and many other watersports including snorkeling), complimentary shuttle ferry, fishing, live entertainment, outdoor pool, scuba diving, snack bar, restaurant, and waterskiing.
Unit amenities include: air conditioner, microwave, toaster, small refrigerator, coffee maker, china, utensils, private balcony with fantastic ocean view, and telephone.
You will have first use of your week in September 2007. |
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| Exchange Affiliation |
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This timeshare trades with RCI. It will have excellent trading power due to the fact that the Caribbean is one of the most popular vacation areas requested in the world. Remember that ALL weeks at this resort are RED weeks. This means these weeks have great demand year 'round. You will receive a FREE one-year RCI Membership with this purchase if you are not already an RCI Member! This has a value of $89!
You can also rent your week if you choose. However, please remember that a timeshare should not be considered a monetary investment. A timeshare is an investment in a more enjoyable vacation.
The resort will also allow you to do an internal exchange (for that year only), for a high season week (EXCEPT week #5-10). The charge for an internal exchange into a high season week is only $200 per week (based on resort availability). You can also do an internal exchange through the resort into a different lower season week at no cost (based on resort availability).
This is a leasehold timeshare with a duration of 14 years. This means that you will have the right to use one week per year at this resort until the year from the year 2007 through the year 2020. |
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| Maintenance Fees |
| Maintenance fees came to a total of $485.94 for the year 2007. This fee will need to be reimbursed to the seller at the close of the auction along with the winning bid amount, 10% buyer's premium and closing costs. You will have first use of your week in September 2007. |
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| Closing Costs |
| Closing costs will total only $100! The resort will record this leasehold in St. Croix. |
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| About Pennies on the Dollar Timeshares, Inc. |
| Pennies on the Dollar Timeshares, Inc. is owned and operated by Liz Fox, a reputable presence on Bid4Assets for over five years. We sell quality timeshares in the most popular tourist destinations in the world.
At Pennies on the Dollar Timeshares, Inc., we focus on offering you quality timeshare properties at a fraction of the developer's cost. You will find our service to be unrivaled, making your timeshare purchase as seamless as possible. We appreciate your business and look forward to exceeding your expectations. |
Remember to do your due diligence BEFORE placing your bid. Your bid is a LEGALLY BINDING CONTRACT. Any non-performing bidders will be reported to my Attorney for collection of full amount due plus Attorney fees.
Payment must be received within 7 days of the close of the auction. I will also accept all major credit cards via paypal.com ONLY.
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| Maps & Area Information |
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| Additional Details | | For more information about this asset including photos, specs and more (when available), click here. |
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PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities
Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.
Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property b) completion of a title search c.) investigating back property taxes and D.) other - liens and encumbrances such as unpaid utility bills.
By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.
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| Settlement Requirements |
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This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction).
This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
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| Certified/Cashier's CheckMoney Order |
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