Bluegreen Vacations has remained leading in the vacation ownership industry for decades. A majority of Bluegreen resorts are located between Florida and New Hampshire in the USA, with vacation homes in a pretty demandable location, Orlando. People can also own timeshares from Bluegreen Vacations in Hawaii, Arizona, California, Las Vegas, etc. If you are fed up with paying high maintenance and membership fees and want to get out of timeshare, you are in the right place. Let’s determine the best way to get out of Bluegreen timeshare below.
Efficient tips on how to get out of Bluegreen timeshare
1. Give a timeshare back to the developer
The most reasonable and hassle-free way to get rid of your Bluegreen timeshare is by returning it directly to a Bluegreen company by filling in an online form or contacting a company via telephone. A program allows owners to exit their ownership and surrender it back to a developer without any additional fees and secrets.
However, Bluegreen Vacation Club owners should keep their ownership and maintenance fees paid off to be able to return a timeshare to a company. The only «catch» is that Bluegreen Vacation Club doesn’t advertise this option of effortless timeshare returning.
2. Use a rescission period
If you have recently purchased a timeshare property and regret a decision quickly, you still have an option to request canceling a Bluegreen timeshare ownership. Individuals usually receive a rescission period within three to fourteen days from the date of signing a contract to cancel their ownership. However, the length of a cooling-off period varies from state to state, so before deciding to cancel a Bluegreen timeshare, check out the rescission laws of the state where a property is located. In most cases, owners must write a cancellation letter and send it to a certified email.
3. Give a timeshare to a charity
Another way to get rid of an unwanted Bluegreen timeshare is to give it away to a charity organization. Charities will give timeshare owners a tax receipt for their contribution, while individuals might get the fair market value of a donated timeshare from taxes. Nevertheless, the charity won’t accept a timeshare with a mortgage. If you are willing to give a Bluegreen timeshare away and become free from burdensome fees, be sure charity truly wants such a donation.
4. Sell a timeshare
Many owners wonder how to sell Bluegreen timeshare – the best and most affordable option is to list it in online resale markets. The most common sites for timeshare resale deals include RedWeek, eBay, and Craigslist. But keep your expectations realistic.
Timeshares tend to depreciate over time dramatically, meaning you won’t be able to return at least half of their initial price. You will have numerous competitors in online resale markets, as well. The way to go is to hire a real estate agent to increase your chances for a successful deal since there are multiple resale offers for as little as $1.