bankruptcy

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Original Message:

Re: bankruptcy (by Doug P.):

I'm assuming the bid that was accepted was from Southwind? I'll be glad to get this behind us so the property can move forward. Personally, I'm at a point where I'd like to have clear title so that I can consider dumping this property in favor of something a little more stable. I'm not thrilled with the requirement of a $1,500 advance deposit against maintenance fee's and/or special assessments SWM requires to transfer a deed. It's a HUGE drawback to anyone wanting to buy. I had a taker for our Grand Regency Week (sister resort) but they backed out when SWM wanted that $1,500 up front PLUS a transfer fee.