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With so many deals right now I would like to buy some more points. I talked to BG and they said for the mf schedule to be combined I had to go thru them or Pinnacle. People are giving away there deeds. Is there any way to combine all these little packages. Most give aways are 8000 pts or less. Would like to hear from someone who has done this. BG seems to be overly difficult with anything that doesnt have to do with taking your money.
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resale
I'de like to find out the same thing so I'm hoping someone could help. I have found out that if you already have BG points you should make sure that the one you have and the one you are looking for are Trust Fund "E". That way you only have one base maintenance fee. I saw several listed as sales type "Y" but I don't know what that means. Hopefully someone here can fill in the blanks. -
The combining of deeds is when you trade in several, or lots, of little deeds for maybe 1 or 2 deeds. The 1 or 2 deeds would be in the same trust and give you the same number of points as when you had "lots" of little deeds.
BG is correct, you cannot combine unless you buy more points from them or Pinnacle. Plus, they will not combine deeds that were not bought from them (resale such as ebay).Comment
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Be careful
Trust Funds and sales type are related but not the same. Under each Trust Fund are several sales types.Originally posted by gsegreg View Post
The key is not to look for Trust Fund "E" but to look for points in Trust Funds that will give you the lowest MF overall now and in the future. If your original points are in Trust Fund "B" and you purchase in Trust Fund "E" you will pay two base fees. Trust Funds "A", "C", and "D" do not have base fees but their rates per point are higher. The reason most people talk about "E" is that is a more recent Trust Fund. If your original points are in Trust Fund "E" and you purchase in Trust Fund "E" you will pay only one base fee and your overall fee per point will be lower if you have a total of more than 11,000 points. If you have less than 11,000 points and do not plan on adding more, "E" is not for you.
Your first task is to determine what Trust Fund your existing points are in. Then determine how many more points you want to purchase and see which Trust Fund purchase would give you the lower rate.
I would urge you to join the Bluegreen Yahoo group, examine their FAQ, and use the MF Calculator that is available to that group. Using your current MF, you can determine which Trust Fund you are in. You can also get a listing of the Sales Type associated with each Trust Fund.
CharlesComment
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Shawn,Originally posted by Shawn562
If you are interested in cheap points, let me know. I have a sell off list of cheap points.
In addition, we can help you sort out the issues with the various trust funds and Premier upgrades. It does not always make sense to do a Premier upgrade. But, for many, it works.
JimComment
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Charles,
We do own Trust Fund "E" and do eventually want to own more that 11,000 points. We have 6,000 every other year but have travelers plus so we have no reason to pay full price just to get the extra points. Don't need more benifits, just more points. I was just concerned about the sales type "Y". I did not want to get burned because I did not know something before I purchased and I'm still unclear how to make sure I just get one base fee. It this automatic or to I have to work with bluegreen to do it? I will look into the yahoo group and see if all my answers are there.
Thanks, GregComment
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"Y" should work for you
Good planning on your part. Look before you leap!Originally posted by gsegreg View Post
Trust Fund E has Sales Type A, U, Y and Z. You can confirm this using the Multi-Site Public Offering Statement. If you have misplaced yours, log into Bluegreen; mouse over "Using the Club" on the top menu,; then click "Club Overview". The bottom paragraph has a link for downloading this 15 or so MB file. You can glean the information from Exhibit 8.
When I added several "E" resales to my "E" BG direct purchase, I had no problems.
We have been told that combining Sales Type "A" with others can cause problems due to the billing dates. One wants either all "A" or no "A".
CharlesComment
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Thanks for the feed back. I have learned more hear in the short time I have found this than I ever got from BG. I wiuld get one answer then be told thats wrong. I dont understand how they can get away with so many lies coming from there sales staff.Comment
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sales doesn't really know so they make it up as they go along. Few, if any, are owners. They just need you to buy, then they are out of your life and you become the problem of Owner Services.
It's easy for them to lie when usually the marks know nothing about the system. Not saying it's right.Comment
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