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  • #16
    As the others here have said, timeshares purchased from a developer are usually a bad deal financially, and if you have to finance them at the developer's high interest rates, they generally become a really bad deal.

    I, personally, would not buy a timeshare unless I could pay cash. Timeshares are not necessities (despite how much I love my timeshares!) and I would not want to go into debt (or more into debt) to own one. However, if you are willing to borrow money to buy a timeshare, some of the resale companies have financing available. You will probably pay somewhat more, but still much less than from the developer.

    If you are eager to start timesharing but don't have much cash on hand, there are nice timeshares to be had for the amount of the down payment on a developer's loan ($1000 or so). These wouldn't be Bluegreen points timeshares, but if you bought the right timeshare, you could still get something quite nice. Also, Bluegreen has a starter package for about $1000; you'd get one-time use of 9000 points, with some restrictions.

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