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Old 02-15-2009   #4 (permalink)
rlcarmichael
Too many DVC points? NST
 
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Join Date: Aug 2005
Location: Chesapeake VA
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Re: Buying Points in Small Amounts

It is a great way to get started. But there are some cons. One is that generally it's a cash deal. Another is you want to have the same use month or you can go crazy trying to keep use by dates straight.

The other thing to watch is closing costs, expecially buying small contacts. They generally run $395-795 from what I've seen. So if you buy a 50 point contract @$85 then pay $396 closing costs you are REALLY spending $93 a point.
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Richard Carmichael, Chesapeake VA

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