Blue Green Trust Question

[Kbedard68@yahoo.com Junior Member Find all posts View Profile Close Kbedard68@yahoo.com]

Hello,
My husband and I just purchased 7000BG points from ebay. I believe it it in trust fund B/sale type N. We want to purchase more points because we know the 7000 will not be enough. We are newbies and dont understand the whole trust thing and how it works. Is there a place I can go to get the answers I need or can someone explain the best way for us to purchase more points.
Thanks
Kim

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

You have a good package if all you want is a small amount of points. However, when you decide you want more, you will start over paying for maintenance fees.

If you are going to want more than about 13000 points annually, you will should have Trust Fund E points.

If you want to switch to such points, let me know. I'll take a trade in on your current points and offer you all points in a Trust that has better maintenance fees for how many points you want.

Jim

[Kbedard68@yahoo.com Junior Member Find all posts View Profile Close Kbedard68@yahoo.com]

Thanks Jim
I will let my husband know. If he has more questions about what you can offer Ill have him send you a private message.

Kim

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

Join BG Yahoo Group and search FAQ and archives

We want to purchase more points because we know the 7000 will not be enough. We are newbies and don't understand the whole trust thing and how it works. Is there a place I can go to get the answers I need or can someone explain the best way for us to purchase more points. Thanks Kim

Jim explained the best way for you to acquire more points. I have worked with him and he is honest, easy to work with, and will help you get to where YOU want to go, point wise. For more information about BG Trust Funds, join the Bluegreen Yahoo group and look in the FAQ under "Trust". There is also a MF caluculator which allows you to put in the number of points and to see what the MF would be. Compare 8000 points in B and 8000 in E. Then do the same for 16000 in B and 16000 in E. Then do the sum of 8000 in B and 8000 in E. Curiosity got the best of me, I had to do it myself:

8000 B $674
8000 E $680

16000 B $1178
16000 E $ 1040

8000 B plus 8000 E $1354

Charles

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

Jim explained the best way for you to acquire more points. I have worked with him and he is honest, easy to work with, and will help you get to where YOU want to go, point wise. For more information about BG Trust Funds, join the Bluegreen Yahoo group and look in the FAQ under "Trust". There is also a MF caluculator which allows you to put in the number of points and to see what the MF would be. Compare 8000 points in B and 8000 in E. Then do the same for 16000 in B and 16000 in E. Then do the sum of 8000 in B and 8000 in E. Curiosity got the best of me, I had to do it myself:

8000 B $674
8000 E $680

16000 B $1178
16000 E $ 1040

8000 B plus 8000 E $1354

Charles

B types have a history of special assessments that are not included in the calculations. There aren't many out there either since they tended to be lock off units where the owner only paid maintenance fees on one of the two units which is why they were artificially low.

[colin heath Member Find all posts View Profile Close colin heath]

Hello,
My husband and I just purchased 7000BG points from ebay. I believe it it in trust fund B/sale type N. We want to purchase more points because we know the 7000 will not be enough. We are newbies and dont understand the whole trust thing and how it works. Is there a place I can go to get the answers I need or can someone explain the best way for us to purchase more points.
Thanks
Kim

If you are going to build your points total, buy Trust Fund E, sales type Y.
You will only pay one base fee $ 320.00

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

If you are going to build your points total, buy Trust Fund E, sales type Y.
You will only pay one base fee $ 320.00

Whats the significance of sales type Y? What if I have two E's, with different sales types?

[colin heath Member Find all posts View Profile Close colin heath]

Type Y billed in October.
Type A billed by Anniversary date.

Colin.

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

Type Y billed in October.
Type A billed by Anniversary date.

Colin.

Thanks. No biggie then Just picked up a type A, and was wondering..since its anniversary is sept 30th, prob just pay the whole thing then.