I have read a few threads that mention the only 3 resorts which would transfer points from resales are Lake Geneva, Myrtle Beach, and Gatlinburg. What would happen if I purchased resale points for Orange Lake location? Just trying to see what my options are. Thanks everyone!
Any points contract at orange lake that you purchase resale turns into a fixed week, the deeded week and unit is all you get.
There are orange lake land trust points, those do transfer as points on a resale purchase, but like the previous person said, they are more restrictive. I read the land trust document when it came out, and you can not bank or borrow points, they have to be used same year, and you do not enjoy many of the benefits with the 3 points Resorts.
There are some that say that because orange lake has not updated their booking system/website, that some of the restrictions are not currently in place. However, I still have not talked with anyone that purchased land trust points resale.
In regards to pricing, I have seen their value increase. The first eBay land trust contracrs I saw for sale, sold for next to nothing, however, the last two have commanded about half the cost of the 3 points resort. So there is value on these contracts.
Just make sure it is a land trust contract, and let us know how it goes for you.
Good luck!
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