How To Cancel a Bluegreen Timeshare
Looking to cancel a Bluegreen Timeshare? Are you tired of paying Bluegreen Timeshare fees? Did Bluegreen Vacation Timeshares lie to you about what you were purchasing? You’re not alone. One out eight households in America owns a timeshare, and now you have options how you can cancel your Bluegreen Vacation Timeshare.
There are a few things we recommend you do if you are interested in getting rid of your Bluegreen Timeshare.
Cancel a Bluegreen Timeshare with Rescission
The rescission law is set in place for all timeshare owners and vacation club owners. If you recently purchased a timeshare, you have options. A typical rescission period usually lasts 3-10 days, and sometimes it can extend up to one month. If you have purchased your Bluegreen Timeshare in that time frame, we suggest you contact Bluegreen Vacations immediately to see what the rescission period is for your contract. Also, we suggest you read through your contract to look for the rescission period, which is typically in the end or beginning of the contract. Some timeshare companies require you to send a signed copy through the mail because if they receive your documents after the rescission period, they typically will not honor the request to rescind your contract. If you have to mail in your contract, we suggest you overnight mail the required documents, the few extra dollars are worth it.
Selling a Bluegreen Timeshare
When you purchase a timeshare, 80% of the value depreciates instantly. If your sales representative told you that your timeshare would increase in value, unfortunately, they have lied. We suggest you google search timeshares or go on ebay.com or redweek.com and see most timeshares are listed for a $1. If you are set on selling your timeshare, you might have to pay closing costs on top of any other fees set by a resale company. If a timeshare on major websites is being sold for a dollar, why would anyone want to purchase a Bluegreen Timeshare 10x the price?
In some states, laws are set for real estate agents in which they can’t state that a timeshare is a real estate property. If your sales representative told you what you were purchasing that day was a real estate investment, then, unfortunately, they have lied. Timeshares are nothing like real estate. In a typical real estate investment, you should be getting a monthly passive income, but with a timeshare, you are shelling out yearly and monthly fees, doesn’t sound much like a real estate property now, does it? Bluegreen Timeshares are not a good investment.
Cancel a Bluegreen Timeshare Contract with Timeshare Exit Companies
Selling a Bluegreen Timeshare can be costly and complicated. If you want to cancel your contract legally, you have options. There are quite a few timeshare exit companies, some of these companies are reputable, and some are known to scam. Reputable timeshare exit companies typically have attorneys that look for misrepresentations or loopholes in your contract and typically will ask you various questions on what was said to you and how you were treated during the timeshare presentation. Some exit companies will charge you up-front, and very few timeshare exit companies have an escrow option.
We suggest working with a company that has either a no up-front payment escrow option or a 100% money-back guarantee. When you work with a company that can guarantee they will get you out of your contract, that typically is a good sign. Learn more about why escrow is essential. There are a ton of horror stories of individuals being scammed thousands of dollars with nothing in return, read more about Bluegreen Timeshare Vacation scams.
Who Are We? Final Thoughts
We are a team who was in your shoes, we went through the struggle of paying yearly maintenance fees and monthly payments, and after years of paying our timeshare, we realized the mortgage was never-ending. With a ridiculously high-interest rate, we realized timeshares are not beneficial financially. We started this review site to give you insight into timeshare exit companies. We give you a list of questions to ask a timeshare exit company to assess if they are reputable and we only recommend timeshare exit companies that have a no up-front payment escrow option or a 100% money-back guarantee.