02-15-2009
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#5 (permalink)
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Drawing a blank here...
Join Date: Jun 2004
Location: Not close enough to WDW
Posts: 1,904
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Re: Buying Points in Small Amounts
Quote:
Originally Posted by rlcarmichael
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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Good point to remember about the closing costs.
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Leslie
Avatar: The royal toilet in Cinderella Castle Suite  (really!)
1974,1998,1999,2000- offsite 2001- offsite, CBR 2002- offsite, POR 2003- offsite, CSR 2004- PC, FW Cabins, POFQ 2005- off-site 2006- PC, offsite, PC 2007- WL, FW, offsite, WL 2008- PC, AKL, BW, offsite, Poly, FW Cabins, BCV 2009- Beach Club Villas, AKV Concierge, SSR, Beach Club Villas, Bay Lake Tower
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