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Pet Friendly Timeshares Now More Popular Through Resale October 30, 2009

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Disney, General, Hilton Grand Vacation, Marriott Timeshares, New Features, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Westgate Timeshares, Wyndham Timeshares, silverleaf , add a comment

If you agree that when on vacation your pets require the same quality accommodations as we do, you will be happy to know that there are dozens of resorts available. You do not have to rely on friends and family or a kennel service to care of your furry companions. BuyATimeshare.com has dozens of pet friendly timeshare resorts in inventory. Included is a list: arranged by exchange companies Interval International (II) and Resort Condominiums International (RCI).

As an important part of our family, pet friendly resorts are becoming popular throughout the world. Often a necessity among today’s mobile population, BuyATimeshare.com can find the pet friendly vacation to suite a large family or an intimate getaway. The needs of a pet vary and there are some details to consider when planning your next vacation:

Make sure there is enough room for pets to play at the destination. A dog needs room to roam, walk, and… vacation. Nearby trails or mountains, fields and ponds are all great for dogs. Urban settings may be more suited for cats and small dogs as the bustle of a city may be too much for some dogs.

If your pet has a medical condition, they may need extra consideration. Vacationing far from home may not be the best choice for pets with illness, or limited. Always contact the resort to inquire about any breed or weight restrictions when planning a vacation.

When traveling abroad, it is important to plan well-ahead of time. If vacationing in another country, be sure to contact both the airline and the resort to learn all about their pet regulations. Some airlines allow pets as carry-on, it is important to research all guidelines before booking.

Well-socialized dogs that enjoy meeting new friends and exploring new environments will typically like a vacation away. An aggressive or nervous temperament may not be best to travel. Sometimes traveling is not the best way for your pet to vacation. Before making reservation, determine the resort’s rules about pets.

Establish communication with the resort and understand what “Pet Friendly” means to them. Often times the pets are welcome in the suites, sometimes it means there is simply onsite kennel service. Expect a “pet deposit” to cover any potential damages to the resort. Remember that Pet Friendly is for your convenience and is not for everyone; make sure it is not too much for your pet to travel. Listed below are many Pet Friendly resorts for you to choose from:

Interval International
– Alanda Club Marbella – Marbella, Spain
– Alpenland Sporthotel – Maria Alm, Austria
– Alpenland Sporthotel – St. Johann-im-Pongau, Austria
– Christmas Mountain Village – Wisconsin Dells, Wisconsin, United States
– Corail Royal Marina – Tabarka, Tunisia
– Corail Royal Plage – Tabarka, Tunisia
– Disney’s Beach Club Villas – Lake Buena Vista, Florida, United States
– Disney’s BoardWalk Villas – Lake Buena Vista, Florida, United States
– Disney’s Saratoga Springs Resort & Spa – Lake Buena Vista, Florida, United States
– Erie Islands Resort & Marina – Port Clinton, Ohio, United States
– Executive Timbers Resort and Golf Club – Ridgedale, Missouri, United States
– Grand Seas Resort – Daytona Beach, Florida, United States
– Gold Point Condominiums – Breckenridge, Colorado, United States
– Grand Crowne Resorts – Branson, Missouri, United States
– Macdonald Dalfaber Resort and Options by Macdonald at Dalfaber Resort – Aviemore, Scotland
– Marbella Suites en la Playa – Cabo San Lucas, Mexico
– Marriott’s Newport Coast Villas – Newport Coast, California
– Meadow Ridge of Door County – Egg Harbor, Wisconsin
– Northwoods Club of Lake Placid – Lake Placid, New York
– Summerfield Condo Resort – Kissimmee, Florida, United States
– The Banyan Resort – Key West, Florida, United States
– The Surrey Vacation Resort – Branson, Missouri, United States
– Villas at Lantern Bay and Eagles Nest Resort at Indian Point – Branson, Missouri, United States
– Westgate Historic Williamsburg – Williamsburg, Virginia, United States
– Windsurf Resort at Cabarete Beach – Cabarete, Dominican Republic

Resort Condominiums International
– Atlantic Resorts – Ocean Pines, Maryland, United States
- Bali Shangrila Beach Club – Bali, Indonesia
– Blue Bay Club – Cancun, Mexico
– Callao Garden – Canary Islands (Tenerife), Spain
– Celebration World Resort – Kissimmee, Florida, United States
– Caravanserai Beach – St. Maarten, Netherlands Antilles
– Fiesta Americana Condesa Acapulco – Acapulco, Mexico
– Grand Houseboat Vacation Club – Stigler, Oklahoma, United States
– Great Glen Water Park Club – Inverness-Shire, Scotland
– Inn at SilverCreek – Silvercreek, Colorado, United States
– Maeva Clubhotel Cannes Marina – Mandelieu, France
– Lucayan – Ocean City, Maryland, United States
– Marco Polo Club Hotel Happy – Kaprun, Austria
– Paradise Found Vacation Club at Sapphire Beach Resort – St. Thomas, Virgin Islands, United States
– Pueblo Bonito Emerald Bay – Mazatlan, Mexico
– Pueblo Bonito Sunset – Cabo San Lucas, Mexico
– Rancho Ruidoso Condominiums – Alto, New Mexico, United States
– Silverleaf’s Fox River Resort – Sheridan, Illinois, United States
– Silverleaf’s Hill Country Resort – Canyon Lake, Texas, United States
– Silverleaf’s Holiday Hills – Branson, Missouri, United States
– Silverleaf’s Holly Lake Ranch – Holly Lake Ranch, Texas, United States
– Silverleaf’s Lake O’ the Woods – Flint, Texas, United States
– Silverleaf’s Oak ‘n Spruce – South Lee, Massachusetts, United States
– Silverleaf’s Ozark Mountain Resort – Kimberling City, Missouri, United States
– Silverleaf’s Piney Shores Resort – Conroe, Texas, United States
– Silverleaf’s Seaside Resort – Galveston, Texas, United States
– Silverleaf’s Timber Creek Resort – Desoto, Missouri, United States
– Silverleaf’s Villages – Flint, Texas, United States
– The Grand Mayan Acapulco – Acapulco, Mexico
– The Hilton Club of New York – New York City, New York, United States
– Windjammer Landing – Castries, Saint Lucia

Affiliated with Both II and RCI
- Kala Point and Resorts West Vacation Club at Kala Point – Port Townsend, Washington, United States
- Kilconquhar Castle Estate and Country Club – Leven, Fife, Scotland
- Premiere Vacation Club and Sedona Vacation Club at Los Abrigados Resort and Spa – Sedona, Arizona, United States
- The Plaza Resort and Spa – Palm Springs, California, United States
- Banff Rocky Mountain Resort – Banff, Alberta, Canada

Timeshare Solutions for All, from BuyATimeshare.com February 20, 2009

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Charity, Customer Comments, Disney, Donate a Timeshare, Fairfield Timeshares, General, Hilton Grand Vacation, Hilton Head Island, JetShare, Marriott Timeshares, New Features, News & Events, Planet Hollywood, RCI, Sunterra Timeshare, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, VOIC, Westgate Timeshares, Wyndham Timeshares, silverleaf , add a comment

The timeshare industry has brought us affordable vacationing and access to the world’s finest luxury resorts. Recent straits in the U.S economy however, have triggered companies to pare staff by the thousand. Unemployment has grown to 7.2 percent nationally. In the aftermath of a tough credit market, top brands in the hospitality industry have shed sales departments and are in the process of scaling down.

Due to an increase in the demand for selling and renting timeshares, the resale market is witnessing a boom. Consumers are finding affordable vacationing during economic hardship and owners are getting their timeshares sold. Contrary to current conditions, BuyATimeshare.com has employment opportunities during a companywide upgrade.

The New Hampshire-based timeshare reseller and marketing firm, BuyATimeshare.com owners Wes Kogelman and Jason Hamilton grew up in the granite state and want to offer a legitimate solution for individuals looking to sell or rent their timeshare properties.

Kogelman stated “We have the most aggressive marketing program to bring buyers and seller of timeshare properties together; we’ve shown success with all timeshare properties throughout the world and want to offer people a risk free way to sell or rent their timeshare properties.”

As a vacation property ownership can bring years of affordable vacationing, likewise they can become a liability. While annual maintenance fees pile up for some owners, others are unable to even enjoy their vacation property year after year. A growing number of people are liquidating assets and scurrying to pay their inflated home mortgages, BuyATimeshare.com has created the resale marketplace on their website to help in your efforts.

This is a significant tool in a world driven by internet technology. More and more owners cannot afford, do not use, or are just looking to sell or rent their vacation properties. “We’ve listened to our consumers and want to do everything possible to help. We are providing a month of proven risk free worldwide exposure,” Kogelman said.

In today’s economy, BuyATimeshare.com is looking to help however it can. The company’s founders are offering an inexpensive route to worldwide exposure. Those who want to get money for their timeshare, or are just looking to secure a timeshare without the inflated price at the resort, can enjoy the for-sale-by-owner benefits at BuyATimeshare.com.

Hotel Brands Continue to Cut Staff in Timeshare Sector January 27, 2009

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, General, Hilton Grand Vacation, Marriott Timeshares, News & Events, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized , add a comment

Layoffs continue to pile up as 2009 proves to be as bad for employment as December 2008 was. Spreading like wildfire, Hilton Grand Vacations is following suite with 187 of their 3,500 timeshare employees let go. Marriott is cutting at least 134 people by mid-February due to the infamous tightening of credit. Bluegreen is another top brand in the hospitality industry that has continued to shed 60% its workforce to stay afloat.

The need for sales staff has declined to a point that most companies are grinding down their marketing and timeshare sales positions altogether. Marriott and Hilton continue construction of new resorts however. Representatives repeat over and over that their timeshare segments are suffering because of the tight credit market, declining real estate values and less spending by fearful consumers. Hilton is excited about discussing plans for expansion however, but will not comment on the numerous layoffs.

BuyATimershare.com is seeing exponential grown and is in the midst of augmenting its staff to keep pace with the success. As timeshare developers decay, people are eager to get rid of their vacation properties. Still cooling off after opening a new resort in Hawaii, Hilton still speaks optimistically.

A representative said that plans to expand in Orlando’s tourist corridor are underway and Hilton is eager to discuss its expansion in the Sunshine State. Diamond Resorts had considered acquiring Bluegreen for $15 per share plus all outstanding debts. Today that would be quite a bargain since Bluegreen has drastically reduced its growth and budget in light of the economic credit crunch. Bluegreen, after cutting over 2000 jobs, are considering further cutbacks.

No More Resale Scams or Timeshare Tricks January 19, 2009

Posted by Bryan Connelly in : Bluegreen Resorts, General, New Features, News & Events, Planet Hollywood, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized , 1 comment so far

Regardless if someone can convince you to buy, if you cannot afford it—you cannot have it! It is this fact that has crushed the timeshare developers, with more asset backed securities going delinquent and defaulting everyday.

Recent actions have deplored the timeshare industry even further. The same developers that have become household names have been caught using unethical sales tactics so many times throughout 2008 that it is no wonder the outlook for 2009 and 2010 is so grim. So many deceptive and archaic sales practices are still in use. It is surprising that brands like Wyndham, Westgate, and Bluegreen, thought they could treat people like that! After a few years we won’t stand for that will we?!

Current press however, is revealing to the public that such high-pressure sales are inevitable, and that lying takes place during each presentation. Perhaps after enough time these tactics will disappear from timeshare completely. Such menacing techniques have gained the attention of multiple Attorney Generals from across the country. Bluegreen was caught in obvious bait & switch schemes as they lured over 5000 Pennsylvania residents with a tropical getaway and ‘free’ airfare.

Bluegreen instead subjected the victims to high-pressure sales presentations. This is exactly the kind of approach that has tarnished the timeshare industry for so long. They successfully scammed more than $100 million from Pennsylvania residents alone—with no free airfare in sight. Westgate, still celebrating its topping off of Planet Hollywood Towers in Las Vegas, laid off portions of their staff (probably to help pay for the endeavor). A few weeks later Westgate was hit with $1 million in punitive damages.

On behalf of 30 Utah residents the courts found the Florida-based timeshare firm guilty of attracting people to its resort using travel vouchers that were too difficult to redeem. At BuyATimeshare.com we feel it is this type of unethical practices that have sealed the fate of the industry. Marked as lying and underhanded, it is not creative press that paints the picture, but coverage of facts that reveals the true colors of these companies.

These types of sales have long been red-flagged as a scam in the timeshare industry. The resale market has been trying to accomplish where the developers have failed—offering affordable vacation properties without extra fees or sales pressure. It is this dedication to customer protection and satisfaction that will ensure our business is not built on lies, and will not crumble under the weight of reality.

BuyATimeshare.com Provides Affordable Timeshare Vacations in Todays Economy December 28, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Fairfield Timeshares, General, Hilton Grand Vacation, Hilton Head Island, Marriott Timeshares, New Features, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized , add a comment

In times when the U.S economy has been so rough, panic is setting in everywhere. The timeshare market had initially seemed impervious to housing troubles. But now throngs of people are being laid off and those who do have jobs are in a struggle. Fuel prices are dropping a bit but the airfare has not really changed. We are all feeling the pressure, though it is not too late to book travel. In this downturn it does not mean the end of vacations, holiday trips, and business travel.

Even during this year’s summertime hike in fuel prices, the timeshare market shook only a little. But as troubles affect everyone, the credit crunch has crushed so much that the timeshare market is crumbling under it own weight. After months and months of timeshare owners failing to afford leisure travel, more folks are unable to pay the fees and the financing of the $40,000 property they were sold by the developer.

But this is about timeshares, they are a great luxury when traveling and they can save you thousand of dollars on a trip anywhere across 6 continents. BuyATimeshare.com can get you cash for unwanted or unused timeshares. We bring a venue to the worldwide internet for buyers to find top brand resorts for 30 to 50 percent what the developer would market them for. When the owner of a timeshare was sold their package, chances are they were pressured a bit, convinced they could afford the grossly overpriced timeshare given the right financing.

Fitch Ratings illustrates the stressed timeshare marketplace with a timeshare ABS index that tracks the performance of the Asset Backed Securities. Fitch has reported a 34 percent increase in total delinquencies and a 52 percent increase in defaults. The outlook for the winter months, which is usually tough on resorts anyway, looks just as dreary. What is the reason for such poor performance? The timeshare debts being sold to the open market are not being honored. The developers are loosing their grip on the idealistic dream that everyone can afford a timeshare costing upwards of $30,000 USD.

But buying a timeshare can be done—cheap! Though high-pressure sales tactics get the job done, the debt cannot be honored if the consumer can genuinely not afford it. As the market gets tougher people aren’t abandoning timeshare as a travel alternative—the answer is finding better ways to acquire them.

The resale market is seeing this trend. While others still do take vacations and travel for the holidays, with airline surcharges doubling prices, most folks are not in a position to pay for them. Today most believe the reason to travel could not compare to the cost. As destitute timeshare owners are looking to sell off their burden, the resale market provides a way to transfer them to another person, and get cash for your vacation property.

The for-sale-by-owner market is priced to sell and a reliable way to buy without sales pressure. BuyATimeshare.com gives you a way to find thousands of timeshares and a team of timeshare professionals to handle the entire closing process. In an unsure market place, it is important to know where you can find the best services in an unpleasant economic environment.

Travel Industry Rebounds in Poor Economy November 8, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Disney, Fairfield Timeshares, General, Hilton Grand Vacation, JetShare, Marriott Timeshares, New Features, News & Events, RCI, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Westgate Timeshares, Wyndham Timeshares, silverleaf , add a comment

Despite folks paring costs anywhere they can, consumers have not completely cut leisure travel out of their lifestyle. The travel industry is bouncing back. People who do still travel are adapting their annual routine, staying closer to home for a change. The attitude that followed the U.S. financial crisis has caused people to vacation at their own part of the country—enjoying their nearby cities and mountains. People are seeking more local destinations, finding unbeatable deals on their own side of the ocean and not giving up their plans to travel.

Rather than buying airfare to cross the open seas, Americans are exploring Canada, Mexico, Central and South America. Both the Peso and the Canadian dollar have dropped significantly, making travel to these country and great value for neighboring Americans. Today, people are forced to look deeper for deals on everything from gas to Christmas presents. They are beginning to explore the timeshare industry as an alternative to hotels or staying the night on grandma’s futon.

Owners of timeshares at far-off tropical destinations for instance, have not been able to ante up to the airfare, let alone venture the cost of fun. So their international timeshare sits and waits while the owner searches further to get the best deal for this year’s holiday trip. At timeshare resale companies like BuyATimeshare.com we are seeing a tendency in those who rent and buy timeshares. Consumers are placing less emphasis on international trips, only traveling as far as Hawaii to vacation, and renting a resort near their family for the holidays.

People are become more educated about the timeshare industry they are reaping the benefits of the resale market. BuyATimeshare.com has made buying timeshares on the resale market as easy as it gets. Like everything, you always pay less when it’s ‘used.’ But a stay at a luxury resort does not carry any ‘used-car’ problems—and will cost far less than retail. The search for value is greater than ever and travelers will cut back on spending by shortening trips and down scaling the level of hotel they stay at, and have switched to a more local destination. With companies like BuyATimeshare.com looking to sell timeshares, there is no reason to spend too much or cut back too much on your next vacation.

Resorts Fend Off Timeshare Resale October 27, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Fairfield Timeshares, General, Marriott Timeshares, New Features, News & Events, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Wyndham Timeshares , add a comment

The timeshare developers and the primary market have always been concerned with the creation, marketing and sales of new products. As far as resale is concerned, they have little or no value to the developer. But like the automotive industry, resale is always cheaper, as a deeded property, they do have value! How would you feel if you got sold a vehicle for a ‘great’ price, then saw that same car or better selling for 50 percent less? Buying doesn’t have to be game of dodging tricks and tactics—and there are no used car problems. Shop online to plan your next vacation, and spend however much money you want. Depending on where you shop, you can tailor your vacation right down to the suite.

Timeshare resale companies like BuyATimeshare.com, however, lead the business in bringing vacation properties back to life. Where an otherwise static timeshare would sit unused, the resale company makes sure that property continues to bring an unforgettable experience to people, revenue for the resort owner, and tourism for the area. Regardless of the extra bait the developer will wave in front of you, buying your timeshare on the resale market does not involve a sales pitch. Shop online, find BuyATimeshare.com and spend however much money you want and tailor your vacation right down to the very resort, suite and view.

The resort developers are unfortunately very active in discouraging the secondary timeshare market cutting extras wherever they can. For every disappointing quarter they report, a new fee is incurred by owners and they are ever-changing. Wyndham has begun collecting fees on guest certificates and offering VIP Memberships to primary sales owners only. If you want to lend your week to a family member, or rent your timeshare out for the year, it will cost you close to $200. An owner of 300,000 or more Wyndham points is considered VIP Member, but Wyndham will not recognize you as VIP after resale.

Starwood Resorts have taken action against resale by not allowing memberships to retain any SVN or Star options. Marriott owners have the option every-other-year to trade their weeks for Marriott Hotel Points, they do not offer this to resale owners. Marriott points often fail to transfer as well; but you can always purchase them afterward. You will still spend a lot less than the $20,000 extra that the developer will market them for. Bluegreen Travelers Plus doesn’t transfer, and none of the extras either. But whatever superfluous options you miss by buying resale, it is not worth the thousands of dollars you save. Buying for-sale-by-owner carries no mark up, no broker fees or commission, and no sales pressure to buy!

BuyATimeshare.com Presents V.I.P Club Membership October 17, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Customer Comments, Fairfield Timeshares, General, Hilton Grand Vacation, Marriott Timeshares, New Features, News & Events, RCI, Sunterra Timeshare, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Westgate Timeshares, Wyndham Timeshares, silverleaf , add a comment

BuyATimeshare.com, the leader in timeshare resales, has recently developed a V.I.P Club for owners looking to sell their timeshares. Over the past year we have seen great success with ‘Featured Properties’ and ‘Hot Deals.’ In an effort to provide the maximum exposure possible, V.I.P members will receive 10 times the exposure and typically result in a quicker sale.

When a buyer searches through our extensive inventory, they have over 3000 resorts across the globe to choose from. By browsing the alphabetically organized directory, choosing B for Bahamas, U for Utah, buyers are ready to find their timeshare. 3-V.I.P Club advertisements will show up so you don’t have to search any further. As the buyer refines the search a new set of V.I.P ads that fit the criteria will appear.

We have been experiencing record sales and rental activity over the past quarter, and
traffic on our website continues to increase. We feel this addition to the search process will augment an ad’s exposure—making them even easier to find. “V.I.P Club members will receive unmatched exposure, and that means a faster sale” explains Wes Kogelman, Vacation Property Resales President. “People are finding it easier to buy online, and realizing the cost effectiveness of purchasing their timeshares at BuyATimeshare.com.” BuyATimeshare.com reported over $6.6milion in confirmed offers over the past month of September.

Bluegreen Forgets About Customer Protection October 15, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Customer Comments, General, New Features, News & Events, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized , 1 comment so far

Bluegreen Corporation has apparently been using every trick in the book in a barrage of deceiving and unscrupulous sales tactics. Luring unsuspecting consumers with tropical getaways and “free” airfare, Bluegreen instead subjected over 5000 Pennsylvania residents to high pressure bait-and-switch sales presentations. This is exactly the kind of tactics that tarnished the timeshare industry for so long ”scamming more than $100million from Pennsylvania residents alone.”

Attorney General Tom Corbett announced lawsuits against 4 Florida based companies accused of illegally marketing vacation packages using worthless prizes only to lure folks into aggressive timeshare presentations. This trick was the typical design: people are contacted and told that they were winners or qualified winners and to claim their “prize” all they had to do is attend a 90minute sales presentation. Unfortunately they were actually relentless and deceptive marketing pitches that lasted 5 hours or more.

Apparently Bluegreen Corporation failed to properly inform consumers of their right to cancel their purchase, which is pretty shifty when talking about thousands of dollars. Although the average price of a timeshare was little more than $20,000, the company made more than double that amount in financing and hidden fees. Corbett added that many people were distressed to receive a 300-page, three-ring binder of terms after signing the sales agreement.

At BuyATimeshare.com we do not condone the use of high pressure sales tactics or sneaky and deceptive means to sell a timeshare. Much of our clientele already have timeshares, know how they work, and enjoy them for decades. It is the kind of approach used by Bluegreen that has brought a stigma upon the timeshare industry. And though we are a resale company, the bad taste left in the mouths of consumers duped by developers, leave them wincing away from the mere mention of the timesharing. Bluegreen–For Shame!

Bluegreens Intent to Sell Diamonds Intent to Buy August 5, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Customer Comments, Donate a Timeshare, Fairfield Timeshares, General, New Features, News & Events, Timeshare Rental, Timeshare Resale, Travel , add a comment

In the beginning weeks of July, Bluegreen Corporation had been examining the feasibility of selling itself to a new owner. Recently Diamond Resorts LLC had stepped up to the plate and proposed a nonbinding letter of intent to acquire Bluegreen at $15 a share, or about $500million. But the transaction is not complete yet, and Diamond’s ability to finance such an endeavor seems to be the only question mark in the way.

Alan B. Levan, chairman of Bluegreen Corp, stated the company had been considering options for the next three to five years. “…When Diamond presented our board with this unsolicited, attractive offer, we believed that it was in the best interest of our shareholders to pursue this transaction at this time.” Levan is also chairman and chief executive of Woodbridge Holdings Corp, which owns 9.5 million shares of Bluegreen stock; he indicated that Woodbridge would also back the proposed deal.

Bluegreen is a top brand that markets flexible real estate-based timeshares and vacation ownerships, they provide access to over 40 resorts as well as an exchange network of over 3,700 resorts, cruises and hotel stays. In recent quarters Bluegreen reported that revenues fell to $111.3million, due to weaker home-site sales—their net income also slipped to $1.4million from $5.3million this time last year.

Owners of Bluegreen points may be facing some of the same issues Sunterra owners ran into after April of 2007 when Diamond Resorts bought the timeshare heavyweight for about $750million. Though current Bluegreen owners will gain access to Diamond properties, they will probably be required to upgrade their points to Diamond points—for a nominal fee of course. Diamond has been buying up rivals to become one of the world’s largest vacation ownership companies. It now boasts 110 branded and affiliated resorts in 14countries in the Americas, Hawaii and Europe, with more than 360,000 owners.

Even though vacation ownership and residential sales have dropped considerably (28.4%) at Starwood Hotels & Resorts Worldwide, one of Bluegreen’s main competitors, Diamond is proceeding with extensive due diligence until early September 2008 to buy Bluegreen. This will allow Diamond to investigate the details of the potential investment, such as examinations of operations and management.

Though the letter of intent stated the acquisition is subject to the completion of due diligence and the execution of definitive agreements, Diamond said it was “confident that it will be able to raise the financing necessary to consummate the proposed transaction.” This may be a wise purchase for Diamond, since the timeshare industry has been a steady force during tough economic times—however; financing continues to be the biggest question mark surrounding the deal.

BuyATimeshare.com, the leading timeshare resale company in the world, is closely following the progress of this transaction. We have an extensive inventory of Bluegreen and Diamond properties for sale and rent, priced thousands of dollars less than developers will. If you are interested in buying a timeshare at any brand resort, BuyATimeshare.com can help; will no broker fees, no commission or appraisal fees, and absolutely no sales pressure!