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Is it Possible to Get Rid of Bluegreen Timeshare
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Is it Possible to Get Rid of Bluegreen Timeshare
- December 7, 2021
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Is it Possible to Get Rid of Bluegreen Timeshare?
Buying timeshares is fun, especially when you are on vacation with your family. You feel like you are at home, even though you are far from home. You can focus on the the ecstasy of family journey and the minimal stress involved in getting a lodge that will accommodate you all. However, this experience of owning a timeshare is only sweet when you are still on vacation.
Immediately after the vacation, the ugly reality of timeshare maintenance and other obligations sets in. You begin to see how the maintenance fee of a timeshare could send a timeshare owner packing, even though they don’t use it at the moment. Then, you are forced to ask yourself, “Is it possible to get rid of this timeshare?” Bluegreen timeshare is similar to most timeshares. Although there may be slight differences in the developers’ polices, their maintenance obligations are not distinctly differents. Bluegreen timeshare club dues and maintenance fees could be a great hassle for you. Perhaps the starting point should be to review certain things about Bluegreen as a company. Let’s do that in the following paragraphs.
What is Bluegreen?
Bluegreen is a timeshare company which encourages people to own timeshares, making them believe that vacation is one of the many ways through which they can live “happier and more fulfilling lives.” And as such, the company through its vacation clubs “provides access to a collection of 69 unique and locally-inspired resorts that span over 40 destinations across the US and Caribbean,” according to the company’s LinkedIn page. These resorts also offer a great number of accommodations as well.
The accommodation types range from “rustic yurts to high-end luxury homes and everything in between.” Bluegreen, through its club’s innovative platform, allows that its customers personalize their vacations the way they want it to be. This is to give them the best vacation experience possible. Bluegreen has its headquarters in Boca Raton, FL, and was founded in 1966. Apart from being a timeshare company, the company also specializes in hospitality, real estate, travel, tourism, property management, sales & marketing, and resort management.
Bluegreen Timeshare
To buy your timeshare with Bluegreen, you will have to visit a sales center at one of the company’s resorts. There, all your questions pertaining to the timeshare will be answered, after which you will be guided on your timeshare options. It is during your getaway you will get to know some of the benefits in owning a vacation. It is also at this time you will be able to purchase your timeshare.
Bluegreen Costs
There are three costs associated with owning Bluegreen timeshare. One is “the purchase for the interest,” another is “annual maintenance fees,” and the last is “annual club dues.” While maintenance fees are the yearly fees you pay for the “upkeep” of your timeshare, and for some obligatory expenses, club dues are the “annual charges assessed by the Bluegreen Vacation Club in connection with the operation of the Club each calendar year.”
You are now into Bluegreen timeshare and all its obligatory fees, but you want to exit the deal not long after you signed the deal. Maybe you want out because you no longer use the timeshare and the cost of maintaining it, together with the club dues, are getting too much for you to bear. Your question: Is it even possible to get rid of Bluegreen timeshare? The answer is yes, because there are many options for you to do so. The following are some of the options available for you to get rid of your Bluegreen timeshare. So, follow us as we reveal some of those options in the subsequent paragraphs.
1. Cancelling Bluegreen Timeshare Via Rescission Laws
One of the easiest ways to get rid of your Bluegreen timeshare is to explore the state rescission laws. State rescission laws grant timeshare owners the rights to cancel their timeshares within the few days of purchase. So, when you fall into the category of people who recently bought their Bluegreen timeshares, then this opportunity is for you to grasp. There is no better time for you to free yourself of Bluegreen timeshare burden.
Bluegreen should make a provision for this exit option, as this timeshare exit option is available in most every timeshare deal. This kind of information is usually supplied during the purchase documentation, with certain steps you can take to forge a successful exit. So, all you will have to do is follow the procedure and get everything sorted out.
When you have taken the appropriate steps, Bluegreen won’t have any other choice than to grant your exit and then refund you. This is going to protect the value of your timeshare because you may be paid the exact amount you purchased the timeshare. However, the story may be somewhat different if you instead offer your timeshare on a resale market. But, because you still have few more days to be out of rescission period, it may not come to that before you get your Bluegreen timeshare cancelled.
2. Putting Bluegreen Timeshare on a Resale Market
If you are unable to exit your timeshare contract following the first option, you may have bought your timeshares for a longer period of time. But do not worry, since there are still ways out of that Bluegreen timeshare contract. You’ve only missed the first few days that rescission laws give you, but not the other options you have for getting rid of the timeshare. You can still put the Bluegreen timeshare on the resale market. But, unlike the first option, you may not be able to recoup the money up to the value of your Bluegreen timeshare.
If you want to know the truth behind Bluegreen timeshares, go to EBay and search for Bluegreen timeshare. There, you will see how desperate some owners are to get rid of their Bluegreen timeshares. Some owners are ready to let their Bluegreen timeshares go for as low as $1. Others are even ready to give it out for free, including paying off both the transfer and the closing fees. Clearly, Bluegreen timeshare is never a good investment. In fact, it is one of the easiest ways to lose money.
However, if you still owe a mortgage on your Bluegreen timeshare, selling the timeshare on a resale market may not be possible. Even at this point, you still have an option left. Hiring a timeshare exit company can be your last resort to get rid of your Bluegreen timeshare.
3. Hiring a Timeshare Exit Company
Even if you owe a mortgage on your Bluegreen timeshare, some timeshare exit companies will help you cancel the contract. However, when trying to hire a timeshare exit company, ensure you hire the one which does not charge an upfront fee. And if you must hire a company which does charge an upfront fee, still settle for the one whose upfront fee is low. There may be only few timeshare exit companies which can help an owner who owes a mortgage cancel their Bluegreen contract. And as such, you may not have any other choice than to hire a timeshare exit company that charges an upfront fee.
Ultimately, hire timeshare exit company which offers an escrow payment option. By hiring such company, you won’t pay any money until your Bluegreen timeshare contract is cancelled. And if you hire an experienced timeshare exit company, you may be able to get out of the contract quickly. However, the reverse may be the case if the company you hire is a scam. So, always be careful while searching for a timeshare exit company.
Conclusion
No matter the condition of your Bluegreen timeshare, it is still possible for you to get rid of it. Your job is to analyze all the options provided above and settle on the option that befits your Bluegreen timeshare condition.
