Im going to give mine back too. I live in Florida and its not worth it anymore to go to any of their resorts for us. We have 3 shih Tzu,s and have found B&B,s that allow them and are a lot cheaper than the Bluegreen scam. Wish I had never visited their 1 hour tour . Could never book on their web site for 4 years at the times I wanted. Even when I looked a year in advance. Almost feel like picketing their resort near here, Tradewinds, with a sign warning others on vacation. Venting here...Well an email came through today, thats it, its all done. :-
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Please be advised that your Bluegreen transfer is now complete. Enclosed
you will find the finalized documents as evidence of the transfer
for your records.
We have confirmed with Bluegreen that you are no longer an owner of Unit
xxxxx, Week xx at The Oasis Lakes Resort.
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So thats it, all done I`m finally finshed with Oasis Lakes, well they have had me for 21/22years
so I`m glad its ended. No more money to find to pay before Christmas every year now.
So it can be done `Deed Back` it works cost me nothing so from March 14th 2022 when I first went onto the Deed Back page at Bluegreen web site until final confirmation today 2nd June 2022 about two and half months in total all completed. Im a happy chap now
ho did this affect you credit score? Was the transaction a deed in lieu of foreclosure?
How did the deed in lieu affect your credit score?
Has your credit score been affected? a deed in lieu is short for deed in lieu of foreclosure. A very big hit to credit score and I never had a mortgage with bluegreen.
I am an owner of points from BG bought on Aruba. I understand from this forum that I must pay MF for the comming year when I use the exit program of BG. Are there better ways for an exit (selling, transfer etc.)
People/Bluegreen owners are always looking for ownerships with priority time in Aruba . Do you belong to any of the Bluegreen Facebook Groups? You could post it for free here on Tug with taker paying $500 transfer fee or on one of the Facebook groups. As long as you are up to date on your maint fees ( did you pay in November for your 2023 points) you will not have to pay anything else.
Did you get a response from them? I called and they wanted one years future maintainence fee up front before they would take it back. Deceitful business and charlatans .
Did you give it back to BG? Im trying to do the same and they want a year's maintenance fee up front.
They want you to pay 2023 or are they asking for 2024? Other than wyndham, most deedback programs require you to pay the following year if you start the process less than 4-5 months left in the use year.
I did a deedback with BlueGreen last year; it went fairly smoothly/quickly and took about two months, but if you have loan with them for the purchase does have to be completely paid off. Out of curiosity, what is the underlying resort/week/unit type for your 61K in points? Depending on what you have, you may be able to give it away to someone here on TUG rather than letting BG have it back to re-sell for profit a second time.
The way BlueGreen works, every points package has a specific resort/unit/week underlying it. When it's "converted" to points, you can either just reserve the specific underlying ownership (up to 13 months out I think) or it becomes points that you can use anywhere in the system and can start booking at 12 months out. The Fountains is a nice enough property, but Orlando is oversaturated with timeshares in general, so might be hard to give away. MountainLoft might be of interest to skiers if it's a winter week underlying it. For BlueGreen it's hard to get people interested just on the basis of points alone because the more popular resorts can be very hard to actually book if it's not your home resort. I previously owned a deed in New Orleans. I used it once at my home resort. Used points once at Big Bear, which was nice. The rest of the time I couldn't get the places/times I wanted even a year in advance, so I wanted out. But I couldn't find anyone who wanted it for free so I ended up deeding it back.
I had my Oasis Lakes place for about 22 years +/- when it moved over to BG they tried and tried to get me to move over to points (I was in one of the original blocks opp main swimming pool and lake) but they wanted more money off me to do this, I thought that was a joke so just said NO and carried on with just being weeks owner, which I later on started to book different times of the year at `Oasis Lakes` and not just my deeded week so that helped. When the RCI offer stopped being free I stopped using RCI to go to different resorts. All my kids have had loads of happy holidays there also my Dad went a few times and the wife’s Nan so it was well used.
I guess I was lucky with my timing. A couple of years ago I deeded back Bluegreen (my first ever timeshare purchase) completely free of charge. IIRC I started the process in early June (had already used up all that year's points by then) and it was complete by the beginning of July.
