We recently bought into a Bluegreen ownership. After getting home and truly looking at the cost to vacation at their resorts we have decided it is more costly than we had anticipated. Our fault for not fully understanding.
My questions is does anyone have any experience with defaulting on a mortgage with Bluegreen? I would be happy losing the down payment, walking away and letting them have the property back.
My concern is would they come after you aggressively (taking you to court) or would they just take the property back (after trying to get you to pay for a while).
Anyone have any comments?
Product or Service Mentioned: Bluegreen Resorts Vacation Ownership.