Can someone explain the advantage of owning Fairfield UDI deed?
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I was unaware that Fairfeiled even had UDI's. One expert on UDIs is Bruce. He is in St Croix and will be back in a DAY. i AM NOT SURE IF THEY WORK THE same way but do a search on this site for christmas mountain , read the posts there from both Bocabum and Bruce. You should get a better understanding how it works after reading.Timeshareforums Shirts and Mugs on sale now! http://www.cafepress.com/ts4ms
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I believe that most of the deeds for Fairfield points owners are for UDI in a specific resort (called by Fairfield your Home Resort). The points are the way you use your interest thru the Fairshare Plus program, including booking at various Fairfield Resorts using your points and making RCI deposits.ken H.,Ballston Lake, NY
My photo website: www.kenharperphotos.com
Wyndham Atlantic City, NJ 8/7-8/14/14
Australia-New Zealand 10/15-11/2/14 (some TS some hotels)
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There are two types of Fairfield points. The first type is points that come from converting a prior fixed week and unit to Fairfield points. The deed shows the actual week and unit that you own. The second type is UDI points. With UDI points you do not own a fixed week or unit. You own a certain number of points or an undivided interest (udi) in that resort. The deed in this case will show that you own say 154,000 out of 1,000,000 million points. The 154,000 being what you own and the 1,000,000 being the total points that can be owned at that resort. There are some differences between the two. A major difference concerns ARP (the ability to reserve a unit at 13 months vs. 10 months prior to your vacation). With UDI points, you can reserve any unit or week at your home resort at 13 months out from your desired vacation date. With a converted fixed week, you can only reserve your original fixed week and unit at 13 months out. At 10 months prior all points can reserve any resort or unit size as long as you have the required number of points. So at 10 months out all points are equal. Maintenance fees are also paid differently.
These do not work the same as the Christmas Mountain Village UDI's that Bruce owns.
Hope this helps.
Lisa (a platinum VIP FF owner)
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Curious, if you acquired a converted fixed point week and then purchased a udi points unit at the same resort -
would FF keep track of the points separately ?
would you be able to ARP at 13 months and use UDI points and also some converted fixed weeks points if needed ?
does the first resort you acquire set the tone for your account to be converted fixed or UDI ?
Just Curious
Thanks
BobBob
Every day of fishing ( and maybe Timesharing ) adds a day to your life...
http://www.BassBuddies.com
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Originally posted by Summit1231Curious, if you acquired a converted fixed point week and then purchased a udi points unit at the same resort -
would FF keep track of the points separately ?
Originally posted by Summit1231would you be able to ARP at 13 months and use UDI points and also some converted fixed weeks points if needed ?
Originally posted by Summit1231does the first resort you acquire set the tone for your account to be converted fixed or UDI ?
Just Curious
Thanks
Bob
Jya-NingJya-Ning
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Jya-Ning,
Thanks for your pointers. I have one converted fixed week at this time.
Will have to see if the I can get the desired trades in the 10 month window. If not may want to add a UDI to the mix.
My preliminary searches look like the 10 month window may provide the desired trades.
Thanks
BobBob
Every day of fishing ( and maybe Timesharing ) adds a day to your life...
http://www.BassBuddies.com
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Originally posted by Summit1231Curious, if you acquired a converted fixed point week and then purchased a udi points unit at the same resort -
would you be able to ARP at 13 months and use UDI points and also some converted fixed weeks points if needed ?
does the first resort you acquire set the tone for your account to be converted fixed or UDI ?
Just Curious
Thanks
Bob
As I recall, the first resort you own sets the VEP level for RCI's Extra Vacations or something like that. I don't think it makes any difference within Fairfield, except that the sales reps won't ask you to do an equity trade with your fixed week. An equity trade is a common sales approach with owners in which "you need to trade in your old UDI points from wherever" for UDI points at our resort (which just happens to have the highest demand, lowest maintenance fees, best trading power with RCI, etc. ) but you'll have to buy more UDI points at our resort to make the trade."
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Originally posted by SOS8260456You can do an equity trade to UDI points with a converted fixed week. However, it requires a 105,000 point developer purchase for each week that you want to do this with and a $2800 "surcharge" added to the developer price of the points.
Lisa
Are you sure that you can do this with a week that has already been converted to points rather than an unconverted fixed week? This deal sounds very much like the deal that is offered for converting a fixed week to points. More than one Fairfield sales rep has told us that they can do equity trades only with UDI contracts, not with converted fixed weeks.
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UDI vs. converted fixed week
There are rumors that Fairfield is eliminating the ability to make and ARP reservation at a UDI resort and deposit into RCI. This has been an undocumented feature of FSP, but it was a way to get better trading power in RCI than one would get otherwise. If this is eliminated, the only advantage of UDI points would be if you want to return regularly to (or rent out) your home resort, and it is a resort which is in high demand and you want flexibility regarding which particular week you reserve.
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Originally posted by EAMLisa,
Are you sure that you can do this with a week that has already been converted to points rather than an unconverted fixed week? This deal sounds very much like the deal that is offered for converting a fixed week to points. More than one Fairfield sales rep has told us that they can do equity trades only with UDI contracts, not with converted fixed weeks.
The past few weeks I have been hearing that Fairfield has eliminated this along with eliminating the ability to also do equity trades with resale UDI contracts. Supposedly if your UDI contract was purchased on the resale market, you can not do an equity trade with it. This is to keep people from converting resale UDI's over to developer UDI's. I haven't asked my sources if this is true, but it wouldn't surprize me if it was.
Lisa
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Originally posted by EAMThere are rumors that Fairfield is eliminating the ability to make and ARP reservation at a UDI resort and deposit into RCI. This has been an undocumented feature of FSP, but it was a way to get better trading power in RCI than one would get otherwise. If this is eliminated, the only advantage of UDI points would be if you want to return regularly to (or rent out) your home resort, and it is a resort which is in high demand and you want flexibility regarding which particular week you reserve.
Lisa
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Originally posted by EAMThere are rumors that Fairfield is eliminating the ability to make and ARP reservation at a UDI resort and deposit into RCI. This has been an undocumented feature of FSP, but it was a way to get better trading power in RCI than one would get otherwise. If this is eliminated, the only advantage of UDI points would be if you want to return regularly to (or rent out) your home resort, and it is a resort which is in high demand and you want flexibility regarding which particular week you reserve.
What a load of crap!!ken H.,Ballston Lake, NY
My photo website: www.kenharperphotos.com
Wyndham Atlantic City, NJ 8/7-8/14/14
Australia-New Zealand 10/15-11/2/14 (some TS some hotels)
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