Original Message:
Re: Buying Fairfield Points( property ownership not renting} ont he Resale Market. (by Marisa S.):
stanleyf5 wrote:Can you use the PIC program (a program that allows you to convert your non-fairfield property into points) if you purchase fairfield points on the resale market?Hi. If you are considering purchasing Fairfield UDI points on the resale market, and the seller includes banked points in his ad, be aware that Point Credit Pool Points (banked points) are not transferable. To get the benefit of these points you must include in your Purchase and Sales Agreement a clause that says the Seller will use the banked points to reserve specific vacation week /days destinations for you and provide the guest certificate to you. Otherwise you will lose the value of the banked points since they are not transferable to the new owner. Stan.