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Re: Fairfield Problem (by stanleyf5):

Hi Fairfield is not all bad. I own two properties totaling 459K,000 points, I bought one from the developer and one on the internet. My cost was about $20,000. This year 2007, I will vacation 40 days, in a one bedroom condo, 21 days in a two bedroom condo and 14 days in a 3 bedroom condo for a cost of 441,000 points. By doing exchanges, my cost was $1640 for exchanges, $1800 for maintenance, and $300 for taxes. Let's say I could get !0% interest on my investment if I invested the money, that is $2000. The total is $5740. $5740 divided by 75 is $76. 54 per night for my accomodation. If I convert the 2 and 3 bedroom units to one bedroom equivalents based on the point value differences, I arrive at 100 days of one bedroom eqivalents. This produces a cost of $57.40 per day. If I get nothing for my properties after ten years, then I might have to add $2000 to the total. That will cost me $20.00 per night for the 100 days of one bedroom equivalents. I SAY BARGAIN CITY!!!! I have recently stayed in excellent hotels, Hilton, that charge $154 per night, that don't compare to what I get through the Fairfield program. Obviously, I am retired to vacation 75 days a year, but If you buy wisely, when you retire you can have a great time. Stan.