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Bluegreen ROFR and Transfer Fee

Ecelso

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Jul 4, 2019
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Resorts Owned
PBC - Resale Pending
Hello,

I would like to buy a bluegreen resale... most of the ones I enquire about ask that I pay transfer fee... I am OK with paying the fee and other cost to help out the seller. However, I was told that if BG exercises the Right of Refusal, I will still need to pay the $500 transfer fee which is none refundable. Of course, I want to make sure that if I attempt to buy a BG TS and it doesn't happen due to ROFR, I will get all my investment money back. I tried calling BG to confirm, but I could never get through. So I would love to get your input. Please advise, and many thanks in advanced!
 

GrayFal

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Marriott Bluegreen WestinStJohn VGV, SBx2 & CVx2 SVV Morritt's Seaside
If you as the buyer pay the transfer fee of $500 and BG exercises ROFR, you get your money back from BG within a week ( credit to cc)

If the seller pays the $500 fee and BG exercises ROFR they do NOT get their money back.
 

Ecelso

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If you as the buyer pay the transfer fee of $500 and BG exercises ROFR, you get your money back from BG within a week ( credit to cc)

If the seller pays the $500 fee and BG exercises ROFR they do NOT get their money back.
Thank you so much for the input. I was talking to a broker that affirmed that in his process the fee gets charged.. he is doing it through some portal. So, probably is the way he is submitting it. Thanks again for the response
 

Wanzy11

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Bluegreen
You can have our BG if you take over the loan of $25K
 
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