We went to the Bluegreen presentation at The Fountains in 2010. We didn't buy the full package, but bought 10,000 points every other year.
We talked to the representatives at length about the package we were buying, and everything sounded good. It is a year later and we have maintenance fees that are twice the amount we were told they would be. We also have had half of our points disappear from our account. When I called Bluegreen about this, they said effective Jan.
2011 we should have requested them to be put into a "savings" so they could be used (only in the off season too). When I told them we were NEVER told about this, they said they sent out a mass email (mass not including us apparently...) We had to pay $50 MORE to get our points back that WE ALREADY OWNED. Also, if you go to the presentation, do not listen when the man says your points expire every 3 years. It's 2 years.
Don't listen to how the investment is wonderful because you can use your points anytime, anywhere. They talk about old timeshares that had you using your time on a certain week and if you didn't use it you lost it. Well theirs isn't any better. You can only use HALF of your points whenever, wherever you want.
They aren't going to tell you this though. Now, the ones you can use anytime, you will never find anything open.
Please avoid this scam. They might as well have sold me oceanfront property in Arizona...
Monetary Loss: $12.