The rescission law is available for all Bluegreen timeshare and vacation club owners. If you recently purchased a Bluegreen Vacations package, you have the legal right to exit your contract. A typical rescission period usually lasts 3-10 days, and sometimes it can extend up to one month.
Is there a way to end a Bluegreen membership for free?
This program was just recently announced and was first announced on TUG back in June 2019. Since then Owners have discovered this info thru TUG and successfully ended their Bluegreen ownerships at zero cost to them!
What would you never stop doing at Bluegreen?
We discovered that one thing we would never stop doing at Bluegreen is paying. The biggest burden of membership is paying maintenance fees, which were roughly $600/year for us. Members have to pay these fees regardless of how much they use the facilities.
Can you use Bluegreen resort facilities during the day?
We couldn’t even use facilities during the day. Bluegreen owners have this right for most Bluegreen resorts, but not this premiim resort. Although we had fun in Branson, there are places we would rather have gone.
What is the rescission period for Bluegreen Vacations?
If you recently purchased a Bluegreen Vacations package, you have the legal right to exit your contract. A typical rescission period usually lasts 3-10 days, and sometimes it can extend up to one month.
What is the best way to get out of a Bluegreen timeshare?
Some owners try to cancel their Bluegreen timeshare by contacting a so-called timeshare cancellation or timeshare exit company, but those companies charge from $5,000 to $10,000 upfront to do the same thing that an owner can do themselves – contact Bluegreen to request a cancellation.
Does Bluegreen have a deed back program?
How do I give my Bluegreen Timeshare back? This program provides a free service to allow existing Bluegreen Vacation Club owners to exit their ownership and surrender it back to Bluegreen directly!
Is it possible to sell Bluegreen timeshare?
A change in lifestyle may have you thinking about how to sell your Bluegreen timeshare. Selling Bluegreen points or weeks is very possible with the right help. There are so many different directions to go, with cancellation or exit companies out there that claim they can help.
Is Bluegreen going out of business?
As a result of the closing of the merger, Bluegreen's Common Stock will be suspended from trading on the New York Stock Exchange prior to the opening of trading on May 6, 2021 and will no longer be publicly traded.
What happens if I don't pay Bluegreen maintenance fees?
If you stop paying your timeshare maintenance fees, you will likely default on your ownership. This not only hurts the resort, but it hurts you and your credit. Like a home going into foreclosure, the resort takes the ownership back and it will stay on your credit report.
How much is a Bluegreen timeshare worth?
Bluegreen Vacations Holding net worth as of June 10, 2022 is $0.59B. Bluegreen Vacations Holding Corporation operates as vacation ownership company. It markets and sells vacation ownership interests and manages resorts in leisure and urban destinations.
How many owners does Bluegreen have?
220,000+ ownersSince that time, Bluegreen has grown to become a leader in vacation ownership. Our 220,000+ owners and their guests enjoy vacation experiences across a range of exciting destinations.
Who bought Bluegreen?
BBX CapitalOn March 4, 2019, BBX Capital announced that it would again take Bluegreen private, this time for $16 per share.
Who owns Bluegreen?
Bluegreen VacationsBluegreen Vacations / Parent organization
Is Bluegreen Vacations owned by Bass Pro?
Bluegreen owns 51 percent of this venture, while Bass Pro owns the other 49 percent. It has marketed timeshares in Bass Pro outlets since 2000.
Does Wyndham own Bluegreen?
Bluegreen is 90% owned by BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), a diversified holding company. For further information, visit www.BluegreenVacations.com.
How do I get rid of my Bluegreen Vacation Club Points?
Just like with any other Timeshare, owners have 3 options available to them:
This seems too good to be true, whats the catch?
While there is no "catch", there are two requirements for an owner to be eligible to use this program
If it is so easy, why don't more owners use it?
Quite frankly, it is because Bluegreen owners don't know the program exists! Admittedly Bluegreen isn't going to go out of its way to promote such a program, although they do regularly advertise its existence to its owners.
Am I truly out of my Bluegreen Timeshare?
Yes! Once you have completed the process of surrendering your Timeshare Ownership back, you are no longer an owner and no longer have any yearly maintenance fee obligations!
This is hard to believe, can you prove this program works?
Absolutely! This program was just recently announced and was first announced on TUG back in June 2019.
What if I don't want to just give it away for free?
Sadly most Bluegreen ownerships have little to no resale value! Alternatively (check out our other articles for more info on this) it could be offered up on the resale market to net some money to you as an owner if you chose to sell it vs give it back! If you wish to investigate this route, we would suggest starting with our How to Sell your Timeshare Guide for more details on how to sell your Timeshare yourself without paying large upfront fees and without being scammed! This article however was expressly written to let more owners know about this program as a legitimate option to get out of a Bluegreen Vacation Club ownership!.
The Final Word on Getting out of an unwanted Bluegreen Timeshare!
Despite what any other company tells you (remember, these companies rely on misleading you in order to get your business, telling you the truth is not profitable in the Timeshare industry), this is an official Bluegreen program, and you are dealing directly with them and not some 3rd party.
Bluegreen Timeshare Cancellation Policy
If you recently purchased your timeshare at the Bluegreen resorts, use your rescission period! The rescission law applies to all timeshare and vacation club owners. So if you are an owner of a Bluegreen vacation timeshare, yes you can legally exit your timeshare and receive a full refund.
How To Sell Bluegreen Timeshare
If you were too late and missed your rescission period, and are now wondering how to sell your Bluegreen timeshare, do not worry, you still have other options. Commonly, anyone’s next idea is “I’ll just sell this thing and get my money back.”
How To Cancel Bluegreen Timeshare
As we mentioned above, selling a timeshare can be stressful and very expensive. We believe the most legitimate way to cancel your Bluegreen timeshare is through a reputable timeshare exit company.
Final Thoughts
Is owning a Bluegreen timeshare a good investment? Most certainly it is not. Our team believes no timeshare is a good investment.
What happens if you stop paying Bluegreen Timeshare?
Your payment would be made to the lender, and if you stop paying your Bluegreen timeshare payment the lender will want their money back.
Why is it important to check the Bluegreen timeshare market?
Therefore, it is important for buyers to first check the Bluegreen timeshare resale market, since the bargains on offer as resales can make a big difference in how the purchase is perceived.
How long does a timeshare rescission last?
If you’ve owned the timeshare for longer than 10 days, the rescission period likely has passed.
How long does it take to get out of Bluegreen?
This is usually within three to ten days from your purchase date, but the length of time depends on the state law of the state in which you purchased your timeshare ...
How many points do you need for a two bedroom vacation at Bluegreen Club 36?
Meanwhile, a two-bedroom red season week at Bluegreen Club 36 in Las Vegas will need 19,000 points. By now you get the idea. Buyers should first identify their favorite vacation location or type of vacation, then determine how may points they will need for their preferred unit size.
What happens if you pay off your timeshare?
If your timeshare is paid off and you are considering not paying your annual maintenance fees, then this is between you and your resort or management company.
Does Bluegreen cancel timeshares?
Even so, there are no guarantees Bluegreen will cancel the timeshare contract.