Buy smaller?

[VGCgroupie]

Small contracts do tend to sell at higher prices per point.

Yes they do. Also resale you pay more up front. When buying direct splitting into smaller can be very beneficial.

 

[bk1273]

150 points I wouldn’t say to split. 200 maybe if the price and contract is right . Remember if buying resale when buy a 50 point contract you are around $600 in closing costs w/o title insurance. That’s $12 per point. If you buy from Fidelity you add $250 which is $5 per point. Of course the closing costs and other fees are negotiable. I recently bought a 50 point at a price per point I wanted but I did not pay closing costs. Basically closing costs add a lot to the overall price so be sure to factor that in your calculations.

Thank you