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Bluegreen Resorts deedback info - give your unwanted Bluegreen ownership back

GrayFal

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Could i just set up a closing to sell my bluegreen timeshare to my cousin for $1 so that bluegreen will exercise their right of first refusal and buy it back from me?
You could give it a try I suppose but what if they pass on it and your cousin has to take the ownership? What's the back up plan???
 

Traveler1210

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You could give it a try I suppose but what if they pass on it and your cousin has to take the ownership? What's the back up plan???

Thank you for replying [mention]GrayFal [/mention]

Im thinking we would just pay the title/law company for their work but not complete the transaction.
 

GrayFal

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Thank you for replying [mention]GrayFal [/mention]

Im thinking we would just pay the title/law company for their work but not complete the transaction.
You would have to submit the transfer form online And pay the $500 fee Upfront at that time.
if you dont go thru with the transfer your account will be flagged which could make it more difficult to sell at another time.

I suggest you join these two Facebook groups and try to sell it there.
I will copy the link here for you. I have sold 8 contracts thru this group.



The whole thread

 
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TUGBrian

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Could i just set up a closing to sell my bluegreen timeshare to my cousin for $1 so that bluegreen will exercise their right of first refusal and buy it back from me?
seems that way, though the risk of course is bluegreen NOT stepping in and your friend is now the new owner of your timeshare.
 

FrankCastle

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@FrankCastle yes, BG is taking back point contracts. You have to pay them 18 months of maintenance fees and sign/nitarize dine paperwork.

call this number
phone number: (844) 757-6932
I haven't been on here in months and had basically given up on my deed back. Thank you for your reply! I was able to call them today. It worked out, I was not within 90 days of my fees being due and paid them the funds right over the phone for the 19 months of maintenance fees. They said I would get a Docusign in a few weeks and once we sign it and send it back they will do thee same. Then we get a copy and done! Well see I hope it works. I've been trying this for the last several years with nothing but run around.
 

GrayFal

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I haven't been on here in months and had basically given up on my deed back. Thank you for your reply! I was able to call them today. It worked out, I was not within 90 days of my fees being due and paid them the funds right over the phone for the 19 months of maintenance fees. They said I would get a Docusign in a few weeks and once we sign it and send it back they will do thee same. Then we get a copy and done! Well see I hope it works. I've been trying this for the last several years with nothing but run around.
Happy to hear this….once you pay, things should go smoothly.
 
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FrankCastle

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After 4 months (May 1st - September 1st), the deed back is complete! We received the confirmation from Sterling yesterday that Bluegreen had processed all the paperwork.

Thank you to everyone on this thread that helped me navigate this process!
Not sure if your still on here, was there any "fees attorney or otherwise" associated with the deed back? I got my paperwork an it eludes that I'd be responsible for all of that after I already paid my 18 months of fees. Just curious the certainly didn't mention any other fees. Thanks!
 

GrayFal

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Not sure if your still on here, was there any "fees attorney or otherwise" associated with the deed back? I got my paperwork an it eludes that I'd be responsible for all of that after I already paid my 18 months of fees. Just curious the certainly didn't mention any other fees. Thanks!
If there was another fee they would say..
Usually they are up front about what you pay
 
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