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BG versus Fees For Service deeds

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  • BG versus Fees For Service deeds

    Question for the more experienced owners, now that the merger with BFC is done, will we still able to upgrade by consolidating existing BG deeds for other BG deeds or are we stuck with upgrading only to Fees For Service contracts? I hope I'm asking this correctly. We're being told that we won't be able to upgrade using the equity in our existing BG deeds if we don't consolidate them now per the "one-time public offering" due to the merger. Thank you for any quick responses.

  • #2
    Originally posted by KPalmer View Post
    Question for the more experienced owners, now that the merger with BFC is done, will we still able to upgrade by consolidating existing BG deeds for other BG deeds or are we stuck with upgrading only to Fees For Service contracts? I hope I'm asking this correctly. We're being told that we won't be able to upgrade using the equity in our existing BG deeds if we don't consolidate them now per the "one-time public offering" due to the merger. Thank you for any quick responses.
    That's crap.

    There is no material change to BG owners and in fact BFC has been a majority holder for quite some time.

    They were saying same crap 1.5 years ago, with my "last chance to preserve my timeshare as I know it..."

    That said, "upgrading" could have different meanings depending on context. Unqualified points will not be eligible for upgrade to anything; they are Just Points.

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    • #3
      Ok. We were being led to think BG inventory is going to continue being depleted due to the company continuing to grow with the Fee For Service structure (what they called stacked deeds for new owners) rather than the current deed structure we have through BG. Of course we knew inventory wasn't going to be done "tomorrow" so we figured it was a line we were being given...

      On a separate note, how does one go about locking in the actual locations/weeks you're deeded to? I remember hearing there's a "right of refusal" type deal with the actual locations/weeks you own. But how does one lock it in if it's actually a week you want to use? Thanks!

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      • #4
        Originally posted by KPalmer View Post
        Ok. We were being led to think BG inventory is going to continue being depleted due to the company continuing to grow with the Fee For Service structure (what they called stacked deeds for new owners) rather than the current deed structure we have through BG. Of course we knew inventory wasn't going to be done "tomorrow" so we figured it was a line we were being given...

        On a separate note, how does one go about locking in the actual locations/weeks you're deeded to? I remember hearing there's a "right of refusal" type deal with the actual locations/weeks you own. But how does one lock it in if it's actually a week you want to use? Thanks!
        ROFR is only for resales, has nothing to do with booking your owned time.

        Simply call up and tell them you want to use Your Week. You have to do that before 11 mos as at that point it is fair game for any owner to book.

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