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Sell or buy?

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  • Sell or buy?

    Hello to everyone!

    My wife and I own a BlueGreen timeshare purchased in 2004 that was the "cheap" package back then - 6000 points bi-annually. Being that the maintenance is over $400 a year, this hasn't been a very good value for us. My wife wants to get rid of it, but I know that we would get next to nothing for it besides being relieved of the future obligations. Seeing the prices of points on the secondary market, though, I'm wondering if it wouldn't be a good idea to invest a little more and get another share that we can "roll in" to our account and hopefully be able to get more out of our membership. I believe that the share is deeded to us if that is a consideration. I know that there is some distinction of deeds being "combinable" so I'm interested in knowing more about that. Any advice / help you can give is appreciated.

  • #2
    Originally posted by mortussel
    Seeing the prices of points on the secondary market, though, I'm wondering if it wouldn't be a good idea to invest a little more and get another share that we can "roll in" to our account and hopefully be able to get more out of our membership.
    This would be the route I would explore. It depends on the trust fund you're in, but in trust fund E, for instance, your price per point in terms of yearly fees is lower the more points you have. The difference between 8000 yearly points and 16000 yearly points is considerable - doubling the points nearly halves the yearly cost per point. The difference is less dramatic from that amount on up, and of course while it's cheaper per point, you're paying more per year. But worth looking into for sure.

    Boca Bum is the local expert on that sort of thing and, going on my experience, will try to help you find what is best for you. Right now is a good time to buy resale if you can afford it, and not a good time to sell.

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