Bluegreen — scam/deceptive practices
We purchased a timeshare with BlueGreen which was supposed to be a great opportunity to have something which would be a "legacy" we could use and pass on to all our children. During the sale pitch, we were told this would be paid for in 5 years and that we could rent out our points if we wanted to, use them for cruises and participate in an additional resort program where we could use "companion resorts" all over the world at very reduced prices. Our maintenance fee was once a year for $450. I should have been suspicious when we went to sign the papers and the agent tape recorded our entire conver yosation. Two years after we bought this, the maintenance fee had risen to $1250/year, my husband's company folded with the depressed economy and we found out (the hard way) that timeshares are IMPOSSIBLE to get out of; we have been scammed 3 times trying to get rid of this millstone. I spoke to BlueGreen and essentially they told us, too bad on you and tough luck that your husband has no income. There was no recourse to sell/refinance/get out of the contract which we found to be for 10 years, not the five the sales person told us. This is the biggest SCAM I ever heard of and, even though I tried to work with BlueGreen, they have no interest in doing anything but collect our money! We can't rent outour points, and the places we might choose to use are never available!
We were unable to pay the 2010 maintenance fee, so they sent us to collections. They are still collecting their monthly fee, but we have no way to use the points. We were told we could use our points (we had 20, 000 per year) to pay the maintenance fee, but when I said go ahead and use them all, I found out that for $400 per month we got only $200 for the entire year's 20, 000 points! What a rip off! If anyone ever is stupid enough to deal with this company, call me first!