Wanting to join the Bluegreen timeshare network.

[Fantazyland]

My wife and i have been to a couple of BG presentations over the past few years, and are now more financially stable then we have been in the past.

We want to join, but looking at ways to do it wothout taking out a $40000 loan for 10 years to buy something that we will never be able to sell.

We are interested in the charter membership options that are avail, particularly the bonus time and the last minute deals with RCI.

So after many hours of reading after our most recent presentation, looks like the only way to get the Charter perks is to buy direct or through Pinnacle.

So here the strategy ive seen some people use and PLEASE ADVISE HOW FULL of crap i am. LOL

Just a note, we are NOT going to finance to do this. So with that factor our of the way...

Thinking about making an extremely low ball offer to buy a Pinacle property maybe even a bi-annual timeshare just to get the charter, (since ive read how bad peiple.want out of their timeshares and how low the % of those listed with pinnacle actually sell) then add a comforatable amount of points (if we want more) via ebay etc.

I under stand that they would need to be the same trust to avoid double membership.fees.

We would find a comfortable balance of points / MF that we can live with.

I also have read that any resale points wound NOT count towards my charter membership level, Is this true?

Also.what is meant.by "its a deeded real estate interest Which can be passed from generation to generation During the term of the trust"? What is the TERM OF THE TRUST? Is it a set number of years max then the deed.gets reverted back to them?

Last thing, any advice on how low of an offer i should toss out on say 20000 points through Pinnacle?

Thanks in advance

 

[tschwa2]

Bluegreen changed several years back so that charter memberships aren't any cheaper through pinnacle. In fact they have less leeway in negotiating than regular sales staff. You can negotiate for non charter eligible weeks through pinnacle and perhaps you can negotiate the owner paying closing costs but the rates listed are what you pay if you want charter. The larger the points package the closer they will get to 1.25-1.50 a point but for less than 50,000, I think they sell for closer to 2.75+ a point. I haven't looked recently. Alternatively just buy unauthorized at the 1 resort you want bonus time at and pay closer to $0.10 per point.

 

[Fantazyland]

Bluegreen changed several years back so that charter memberships aren't any cheaper through pinnacle. In fact they have less leeway in negotiating than regular sales staff. You can negotiate for non charter eligible weeks through pinnacle and perhaps you can negotiate the owner paying closing costs but the rates listed are what you pay if you want charter. The larger the points package the closer they will get to 1.25-1.50 a point but for less than 50,000, I think they sell for closer to 2.75+ a point. I haven't looked recently. Alternatively just buy unauthorized at the 1 resort you want bonus time at and pay closer to $0.10 per point.

Are there any benefits with RCI that i would not have if i dont have Charter? Specifically interested in RCI 'last minute' unsold stays for $249-$299 /week.

 

[rapmarks]

Are there any benefits with RCI that i would not have if i dont have Charter? Specifically interested in RCI 'last minute' unsold stays for $249-$299 /week.

Those are available to any Rci member and have nothin to do with if you purchased your timeshare from a developer or resale

 

[Fantazyland]

Also.what is meant.by "its a deeded real estate interest Which can be passed from generation to generation During the term of the trust"? What is the TERM OF THE TRUST? Is it a set number of years max then the deed.gets reverted back to them?

 

[jwalk03]

Are there any benefits with RCI that i would not have if i dont have Charter? Specifically interested in RCI 'last minute' unsold stays for $249-$299 /week.

sales makes those last call weeks sound fantastic- the reality is quite different. Unless you want to go to Orlando and Branson A LOT and stay at second and third tier resorts you are unlikely to get much use from last calls. Maybe once in a blue moon you will find a decent week- but the vast majority are mud Weeks.

dont Buy anything- even a resale deed solely for last call access or you will be disappointed.

 

[HudsHut]

@Fantazyland
Welcome to TUG.
In what part of the country do you live?
Just curious, out of all the timeshare companies, what influenced you to select Bluegreen?

 

[Fantazyland]

We are located in indiana. We are Choice Privilage members and stayed at a bluegreen resort and loved it, Phoenix, AZ.(stayed couple of different times)

Went to their presentation and passed on it due to $$

That was a few years back.

Just.did another presentation in TN.

We have done some timeshare presentations with a couple of other over the years.

Open to other suggestions but are seriously thinking about it more and more now that.our kids are older.