A family friend came home from a Bluegreen presentation at the Fountains to tell us he just bought 30,000 annual points for $4,500. How can this be, or is he unaware of what he really has? I've been thrilled to buy for 40 cents a point through resale only to hear that BG is selling for 15 cents.
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There is something wrong with this deal as stated. There is no way that the maintenance fees for 30000 points is only $450. If they bought from the developer at The Fountains, then 30000 annual points is $1100.
It is more likely that they bought 30000 every other year points. Even then, the annual maintenance fees would be $695.
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Boca, wouldn't the best advice be to RESCIND? I saw an incredible points package on www.vacationtimesharerentals.com that was much cheaper per point than what this person paid.
If there are advantages of owning points through Bluegreen, what are they? I understood there were no benefits a few months ago. Has that changed?
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