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Hello to everyone.
My name is Karen and I am a newbie. My DH and I signed a BG developer contract in Tenn. last week ( of course we had no intention of doing this), and have had sleepless nights ever since. Fortunately I found this forum and was up until 2:00 this morning absorbing as much info as I could. Thank you, thank you!! Bluegreen sounds like it has a lot going for it, and I will definitely consider a resale purchase soon...after I have done more due diligence. But with the knowledge that I have gained here, I know that the developer purchase was definitely not the route for my family, and we paid waaaayyyy too much.
Now for my questions.... regarding rescinding , several people have written "make sure you follow instructions to the letter." It seems pretty straight-forward to me. Put in writing, within 10 days, intent to cancel contract. I will send certified, return receipt. Is there anything I'm missing here? Does BG try to find loopholes to prevent cancellation of contracts? Also, I put the entire purchase on a credit card (need those flier points!) Should I dispute the cc charge until it is either cancelled or BG reimburses me? Am I going to have to forfeit the "closing costs" and taxes? How quickly should I expect reimbursement?
Thank you for any information.
My name is Karen and I am a newbie. My DH and I signed a BG developer contract in Tenn. last week ( of course we had no intention of doing this), and have had sleepless nights ever since. Fortunately I found this forum and was up until 2:00 this morning absorbing as much info as I could. Thank you, thank you!! Bluegreen sounds like it has a lot going for it, and I will definitely consider a resale purchase soon...after I have done more due diligence. But with the knowledge that I have gained here, I know that the developer purchase was definitely not the route for my family, and we paid waaaayyyy too much.
Now for my questions.... regarding rescinding , several people have written "make sure you follow instructions to the letter." It seems pretty straight-forward to me. Put in writing, within 10 days, intent to cancel contract. I will send certified, return receipt. Is there anything I'm missing here? Does BG try to find loopholes to prevent cancellation of contracts? Also, I put the entire purchase on a credit card (need those flier points!) Should I dispute the cc charge until it is either cancelled or BG reimburses me? Am I going to have to forfeit the "closing costs" and taxes? How quickly should I expect reimbursement?
Thank you for any information.
...most people discover these forums after they have made one or more developer purchases, so you're ahead of the game. Congrats and welcome!!
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