Item Id: Porter14
Case Name: Porter, Donald & Joan
Case Number: 09-30127-BED
Trustee: Hoyt-Fisher
Minimum Bid: $1,995
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Name of Timeshare: The Reef Resort, 1 Queens Highway, East End, Colliers Bay, Grand Cayman
Description: Exotic and luxurious 1 bedroom suite, 1 bathroom timeshare, in Grand Cayman, Cayman Islands. Fixed week 2, Unit 101A. Winter Season, expire in 2050. 2009 fees paid in full. 2010 fees of $817 have not been paid. $600.00 Fee to transfer membership with resort. First year available usage 2010. Originally purchased for $25,700!! The Reef Resort holds first right of refusal on this property.
Amenities: Wonderful ocean views from a patio or balcony, Located right on the 1600 foot beach, Cable Television, DVD Player, In room safe, WiFi Internet availability, 3 landscaped pools with Jacuzzi, Tennis court. Grand Cayman Island resort offers full service amenities including Pelican’s Reef – international cuisine, full wine list, Rusty Pelican– casual fare with mojitos to mango margaritas, Ocean Frontiers’ Dive Shop and Beach Locker onsite, Full-service Spa, Thirsty Surfer Liquor Store and Internet Café, Concierge Service.
Location Info: The Reef is a family-run resort offering the best in Cayman island accommodations– all overlooking the teal-blue Caribbean Sea and The Reef’s 1600-foot white sugar beach. The Cayman island beach is a tropical paradise playground and also great to laze around! We have 3 landscaped pools, including an Infinity and a child’s pool, with a Jacuzzi and showers on the pool decks, as well as 2 sandy beach swimming areas.
Management Company: Thompson Resorts 345-947-3100
Liens: We do not know of any liens at this time.
Terms: Please review the bkassets.com terms (under the about tab at the top of this page) prior to placing a bid or making an offer.
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What does this listing mean with the sale of the time athat the ‘resort has the first right of refusal on this property’?
This means the resort can match the sale price and purchase the timeshare in place of the winning buyer.
Has the developer/resort not exercised their right of first refusal? Will they have that right after the items is bid on? they charge an extra/high amount to transfer ownership do they have the right to refuse membership?
The resort will determine whether or not they will exercise their first right of refusal after the auction closes with a successful bidder.
If i am interested in the other four weeks of ownership in addition to this one will the resort transfer ownership for all 5 weeks for the one transfer fee?
The transfer fee is for each week.