Riverside County, CA: Club Trinidad Timeshares

Due Diligence

Seller Name:	Riverside County
Rating:	Not Applicable
Location:	1900 East Palm Canyon Dr Palm Springs, CA 92264

Asset was sold for $175,500

Number of Bids:	1
This is the final amount the asset was sold for. Winning Bid:	$175,500
Winner:	1***1
It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:	$175,500
Your Bid Status:	Log in to view status
It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve:	No Reserve!
Status:	Sold
Auction Started:	06-05-12 12:00 PM ET
Auction Closed:	06-06-12 01:00 PM ET
Bid Increment:	$1,000
It is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period:	5 minutes
Source:	Government
Deposit Required:	$5,035 — See Instructions
Page Views:	121390

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Asset Information

Item Specifics - Parcel Information

Parcel Information
APN	(see below)
Legal Description	A TIMESHARE INTEREST IN 502324004-4
Address	1900 East Palm Canyon Dr Palm Springs, CA 92264

Additional Information
Tax Rate Area	011-018

All Seller-Related Due Diligence

The due diligence items below apply to all related auctions from this seller.

California Law Regarding Bidder Non-Payment

Timeshare/Club Trinidad Website

Terms of Sale

Additional Disclaimers

Property List (PDF)

Asset Description

Bidding Requirements

To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidder deposit refunds are mailed within ten (10) business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.

Settlement Requirements

Full payment must be received by Riverside County no later than 4:00 PM EDT (1 PM PDT), Friday, June 8th, 2012. If the payment policy is not adhered to, the winning bidder will forfeit their deposit and may be banned from future sales.

A $35 per-auction-won administrative fee will be added to the final Sale Price. Also a California documentary transfer tax will be added to each indivdual parcel, and collected with, the full purchase price. This tax is calculated at the rate of $.55 for each $500.00 or fractional part thereof.

Payment Type

Certified/Cashier's Check
Wire Transfer