Need help, helping mom sell BGRN timeshare

[gpuckett Junior Member Find all posts View Profile Close gpuckett]

Hello, I am hoping someone on here can help point me in the right direction. My parents bought a Blue Green timeshare about 5 years ago at the Big Cedar Resort in Missouri. My father passed away in June and my parents were retired. My mother's income has dropped by half until the government can straighten out my fathers veterans benefits (6 to 8 months). My mom needs to sell this timeshare ASAP. I do not have a timeshare and I am not familiar with the ins and outs. I need some advice of where to go for valid, helpful information on how to sell this time share. Again, I am not that familiar with how this operation works, but I believe they have a mortage that still has 7 yrs till pay off, they have 24,000 points every other year. I am not sure what other questions to ask her, but if you need any more information to help her please let me know.

Thank you,

[stevec Member Find all posts View Profile Close stevec]

If they bought from BG then most here would say they paid over the odds for it.
Selling with 7 years mortgage somewhere between fat chance and no chance.

Even paid up is next to worthless in the present climate.

Talk to Bluegreen and see if they have any good ideas.

[puppymommo Senior Member Find all posts View Profile Close puppymommo]

Yes the sad truth is you will not ble able to sell the timeshare with a mortgage remaining. Even if it was paid off you might only be able to give it away. The resale market for timeshares is at an alltime low.

Talk to Bluegreen and see if they have any good ideas.

Do contact Bluegreen, give your sad story. Ask for deed in lieu of forclosure. Sometimes they take back a deed.

Good luck and welcome to the forums.

[Hobbitess Senior Member Find all posts View Profile Close Hobbitess]

Do contact Bluegreen, give your sad story. Ask for deed in lieu of forclosure. Sometimes they take back a deed.

This is definitely worth a shot.

Consider also learning how to use the points and, if possible, using them yourself, or finding others to rent them, to help pay them off.