How To Get Out Of A Bluegreen Timeshare – Legal And Business Viewpoint!
For most travel lovers, owning a timeshare is like having a Roman empire. They anticipate making the most out of their timeshare service, like going on trips when they want and saving money on accommodations. But this supposedly smart travel facility turns out to be a huge financial burden.
Many timeshare owners have faced quite the opposite, and this includes the Bluegreen timeshare owners. Those searching for how to get out of a Bluegreen timeshare read on!
We know that the initial excitement fades very quickly when you have to pay the increasing maintenance costs and don’t get to vacation on your desired dates. This timeshare service becomes nothing less of a burden for you, which you are paying for but not getting to use it. Stay tuned to know how you can exit this timeshare contract!
The Challenges You Face With Bluegreen Timeshare Ownership
Day by day, the number of people seeking a way out of a Bluegreen timeshare is increasing. Why is that so? Everyone has their own experiences with the company, so let’s dig in and know what challenges people are facing with their timeshare contracts.
Most of the time, people face the issue of year-by-year increasing maintenance costs. People take ownership of timeshares to save themselves from overspending on accommodations during vacations. But these maintenance fees get overburdening and even, in most cases, more than what you pay independently for similar vacations.
Then comes the issue of the availability of dates. Let’s say you want to go on vacation in the summer. The company will tell you that the destination is overbooked, and you will have to wait. How convenient, right?
Now, when, out of frustration, you want to sell it. You won’t find good value for it. The market of timeshares is getting saturated and the timeshare’s value is depreciating. You are stuck with an acquisition you no longer want!
When it comes to legal POV, the timeshares are contracts with strict terms and conditions, making the matter more complicated. Unfair sales or unclear terms have brought you to a stage where you want an exit, but the terms and conditions are not easy to bypass. You need legal assistance to exercise your rights of cancellation.
How To Get Out Of A Bluegreen Timeshare? 6 Easy Steps!
Are you feeling trapped with the Bluegreen timeshare contract? Don’t worry we are here with our 6-step approach to help you bypass the business and legal complications of the contract. Keep reading!
Step #1. Scrutinize Your Bluegreen Timeshare Contract
We know you have read your contract with Bluegreen, but maybe you have missed some key clauses. This contract can be the starting point where you might find your rights as it contains the terms of the agreement. In this scrutiny, look for clauses related to cancellation, transfer, or termination.
Most importantly, look for terms like cooling-off period, termination clauses, exit options, deed back programs, or transfer policies. Consider the following as your timeshare exit glossary:
- Cooling-Off Period – a 5 to 15 days after purchase period when you can file for cancellation without penalty.
- Termination Clauses – sections where you might find rules/terms for termination of contract.
- Exit Options – these are options/conditions in which you can exit the contract.
- Deed-Back Programs – If a return is applicable, the company will make deductions from the value.
- Transfer Policies – transferring ownership to another party.
This scrutiny is one of the most important parts of our how to get out of a Bluegreen timeshare guide and will help you decide which path you have to choose moving forward!
Step #2. Reach Out Bluegreen Directly
Once you find the point in the contract that might help you proceed with your case, you have to contact Bluegreen for any resolution. You can’t skip this step, no matter how intimidated you feel. You can start by writing a letter or email by clearly stating your reasons for exit to the company.
They will go through it and respond promptly. Take every commitment they make in written and signed documents.
Note: Keep all emails, letters, and phone call notes in the record so that it might be helpful for future references.
Step #3. Seek Refuge With Resale And Transfer
You have scrutinized your contract, so you know whether you are allowed to have a transfer or not. If cancelation is not an option, the next best option is to resell or transfer your Bluegreen timeshare. You just have to be very cautious when implementing these options. Where exactly to be cautious? When choosing a resale platform and when choosing a legal firm for the transfer.
When reselling, understand and remember that the resale value of timeshares becomes very low, and you won’t get the exact value you initially paid. Besides, you might hardly get any buyers because of low demand.
Step #4. Take Legal Advise From An Expert
No one can help you better in legal matters than a certified and verified legal advisor. There are legal firms that practice timeshare laws and provide assistance at the time of exiting. If you need help getting rid of your Bluegreen timeshare, you can consult one of the reputable firms.
Finding a reputable firm can be tricky, but not when you have Linx Legal. This company has a proven track record of dealing with timeshare cancellations. Linx Legal prioritizes ethical and transparent practices and doesn’t offer false promises. They will give an actual analysis of your case’s constitution and represent you in legal proceedings.
Step #5. Go To Consumer Protection Agencies
We have plenty of consumer protection agencies to help us out in these kinds of matters. For example, you can report to the Federal Trade Commission (FTC) if the timeshare company is deceptive. Besides FTC, you can file with the state attorney general’s office or report to the Better Business Bureau (BBB).
Once you file a complaint, your timeshare contract will automatically be canceled, and the case will be investigated further.
Step #6. File For Bankruptcy
This may sound extreme, but if the timeshare has put you in financial distress and you have nothing left, you have to file for bankruptcy. It involves filing for Chapter 7 or Chapter 13 bankruptcy, and you will need a bankruptcy lawyer to guide you through the process.
This is not the best option, but it is the last one to get rid of your unwanted Bluegreen timeshare. This can have consequences like affecting your credit score or long-term financial situation.
Final Thoughts On How to Get Out of a Bluegreen Timeshare
As said and as known, the process of canceling or even reselling your timeshare is slow and might take some time. Meanwhile, you can put your timeshare on rent to share the financial burden and stay calm. At every step, you have to be diligent as there are many fake resale platforms, legal firms, and even buyers that might deceive you.
If you are specifically in search of exiting your Bluegreen timeshare, Linx Legal is one authentic source. This company will provide you with a valuable resolution by taking meaningful action to relieve your financial situation. For business proceedings, you have to understand your agreements and try to use them as leverage against the company, as this might be the easiest way out.
