Charleston

[Careos Junior Member Find all posts View Profile Close Careos]

Hey all,

I am back from a vacation in Charleston where I signed up for a 13,000 point package.

After coming here and looking deeper, I found out that there are better deals to be had.

Although there were hardly any negative comments about the Bluegreen company, I did see that while we were told our place would always hold value and gain equity...nothing could be farther. My property I paid 20K for was only going to be worth about 3.9K if I resold. Not good.

I have sent my rescend letter hoping that it will take, if not...I am stuck.

I am hoping that what Boca has said about the bonus time and whatnot on resales is true as that is the route I am thinking about doing.

I believe that my wife's only regret is the fact that we actually saw our property in Charleston and now it will not be ours. I hope I can make it up to her by saving her tons of cash on a good resale package.

Can I get everyone's thoughts on what has been done? Like I said, I hope that the rescention letter lands properly and is accepted. Today was the last day to do so.

[Carol C Senior Member Find all posts View Profile Close Carol C]

I'm not sure which timeshare property you fell in love with in Charleston, but I was able to exchange into Lodge Alley Inn twice with good (not "tiger") traders. Buy yourself a tiger trader on the resale market, deposit the week with an exchange company at least a year in advance, and enter an ongoing search at least a year in advance. If you can go off-season or shoulder season, i.e., if you don't have kids and are thus stuck to adhere to a school calendar...the better luck you will have. You might not get to Charleston every year, but there are other wonderful destinations like Edisto Island not too far from Charleston for daytripping at least.

Glad you rescinded in time...good for you!

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

Actually, I wouldn't go the 'trade in' route. Generally, inventory in RCI will have had to be deposited there (I don't believe this resort has developer weeks to give RCI but there are fixed week owners). Far better to have a shot at that inventory before it gets deposited.

I also think it would be more economical to use what you own. Cut out the trading fees, stress of hoping you can get LAI when you want it, etc.

good job on rescinding!

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

What week did they deed you to back those points? I toured Lodge Alley Inn while exchanging at another resort in Charleston, and the weeks they offered to sell me to back the points were at other, far away, resorts. Two others I talked to who toured there had the same experience.

It would appear that all of the real inventory at this resort is sold out, but using the points scheme they keep tour flows going, selling people who would like to go to this resort points elsewhere (''points are points!''). What that does is continually increase the demand for this resort within their system, while supply remains finite. Sooner or later that has to catch up with timesharers within Bluegreen who want to go to Lodge Alley Inn, especially those who bought at a tour there for that purpose.

It seems to be a common scam in the points developer world. I saw Peppertree/Equivest do the same thing on the Outer Banks, ending up with a lot of really mad people.

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

Today, Lodge Alley Inn is fairly easy to book within Bluegreen.

[Careos Junior Member Find all posts View Profile Close Careos]

A property there came up in an ultra red week that was a 1 bdr loft when we were in our program...they kept trying to push 8,000 points on us, but we took it instead.