Bluegreen Resorts
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United States of America
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Bluegreen Resorts Bluegreen, Bluegreen Payments for Life Internet, Internet
*Consumer Comment: Payment for life alternatives
1Author
1Consumer
0Employee/Owner
My wife and I have been Bluegreen vcation club owners for the past 7-8 years. Each year we have received and paid the annual Vacation Club and Maintenance (separate) dues (approx $1000) . I called today to inquiry about not paying my 2011-2012 dues and actually want to no longer be a Bluegreen Owner. To my surprise, I was told that this is not an option as long as I maintain ownership of the Points title. Plain and simple, I was told I have options: (1) find a buyer for my title (2) pay the dues, that increase every year, for the rest of my life. I spoke to a supervisor who confirmed what the CSR told me and told me that she was not aware of any means for a person who has signed up with Bluegreen to simple terminate their membership and obligation to pay the annual dues. I was shocked to realize that Bluegreen doesn't have any provisions in its agreement to allow an owner to terminate and if I am not able or willing to continue the payment of dues, my account will be placed in collections and incur additional fee and continue to have the annual payment added to the amount due each year. The supervisor actually suggested I file bankrupcy as a means of possibly ending the agreement.
From the time I initially acquired Bluegreen membership until now I have been to many Owner Updates and have never had a sales rep or Closer inform me that my obligation to Bluegreen is for LIFE. It doesn't matter that I have fully paid for the initial ownership, Bluegreen will not allow me to terminate my relationship with them. I can't even give them the Point back free and walk away from my initial investment. To be completely honest, I must mention that the supervisor did tell me that I once had a right to terminate during the 1st 3-days of my membership based on SC law, but unfortunately that was almost 8 years ago. I have shared this info with a few friends who are also Bluegreen members and not one stated they were told they signed up for LIFE. I don't know of anything else you buy, lease, subscribe to or join and there is no termination clause and you must pay for LIFE. I'm considering renting a buildborad in Myrtle Beach close to the Bluegreen resorts informing others of this. Anyone interested?
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1Author
1Consumer
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#1 Consumer Comment
AUTHOR: Knewwhatisignedupfor - Heath (United States of America)
SUBMITTED: Wednesday, August 31, 2011
POSTED: Wednesday, August 31, 2011
My wife and I have also been BlueGreen owners for nine years. We knew when we purchased we would be paying dues and maintenance fees for life, or until such time as it would be of more value to our children and/or grandchildren.
Of course there are other things you buy which automatically require payments for life, most notably taxable real estate. As long as it is in your name, the county tax assessor will bill you and expect to be paid (and the bill will more than likely keep going up). Not only that, even after you die, the bill will continue to go to your estate and/or heirs until it is sold to someone else who will pay the taxes.
There is a secondary market for timeshares (or deeded points, such as BlueGreen), and there are always buyers who are willing to snap up bargains at pennies on the dollar, and even more super-bargain-hunters who will pay a $1 plus transfer/legal fees from those who cannot see any more use for their timeshare ownership (as long as their maintenance fees are paid current).
Also, I recently learned, if you want to claim a tax deduction, you can offer to make a gift of your points/timeshare to Southern New Hampshire University through the auspices of TBS (Timeshare Broker Services). TBS will list your timeshare for free, and when a willing buyer is found, transfer to SNHU is made from which the purchase is then finalized.