Lonestar Transfer, also known as Lone Star Transfer LLC, have been in business for about 7 years, dating back to 2013. Based out of Rockwall, TX, the company offers two services which separate the company from the rest.
Lonestar Transfer provides a title transfer service as well as a timeshare mortgage cancellation service. That’s not all, the company’s homepage showcases an interview they had on ‘Good Morning Texas’, where they explained how does Lonestar Transfer work. This shows a lot of confidence the company has putting themselves out there on live tv.
As we reviewed the website, it became obvious the company has a large marketing budget. Do not be misled by this however, endorsements do not necessarily mean the company is reputable. If you’re looking for a fair and honest review of Lonestar Transfer, look no further. Our team has compiled an in-depth review filled with many pros and cons to help give our readers better insight on the Lonestar Transfer timeshare company. We believe every timeshare owner should know a couple tips before working with any exit company, initiate a live chat or fill out our free consultation form to learn more.
What is Lonestar Transfer?
Since 2012, Karen and Bryan Holloway are the people responsible for turning Lonestar Transfer into what it is today.
Notable in the timeshare exit industry, the Holloways have worked in the business for nearly 10 years! They’ve acquired themselves a few positive reviews along the way as well.
With their headquarters located in Rockwall, TX, the organization has earned themselves a few awards in Rockwall as well. For example, an “Emerging Business” award from the Rockwall Chamber of Commerce. In addition, the company has received endorsements from Bill O’Reilly, and featured on Good Morning, Texas. They’ve likewise been highlighted on TV and public broadcasts, including Fox Business, Fox News, 94.9 KLTY, The Hugh Hewitt show, KRLD 1080, The Michael Medved Show, 660 AM The Answer, Sean Hannity, WBAP 820am, and that’s just the beginning.
What does Lonestar Transfer do?
Lonestar Transfer offer 2 kinds of timeshare exit services:
- Loan/Mortgage Cancellation
- Timeshare Transfer
Lonestar Transfer expresses that it helps timeshare owners stroll through the transfer process of their timeshares.
The timeshare transfer service is planned for clients who have timeshares that are settled completely and who need to escape paying continuous maintenance fees
The organization can likewise help timeshare owners who need to get rid of their loan/mortgage balance.
The company is forthright about how timeshare cancellation works and the motives behind why a timeshare owner can lawfully drop their mortgage/loan.
The company even went ahead to include some of these reasons! Our team included these reasons below:
- The timeshare owner wasn’t made mindful of the multi-day rescission period.
- Individuals have the right of rescission for three days after the end date.
- If the timeshare developer withheld this data, the owner can lawfully drop the timeshare.
- Timeshare owner was given wrong data about the tax cuts of purchasing a timeshare.
- The timeshare developer utilized misleading and high-pressure sales tactics.
- The timeshare developer didn’t precisely address the charges and expenses of timeshare ownership
Lonestar Transfer doesn’t explicitly mention the means it takes to help timeshare owners escape their mortgage/loan debts. They refer to the cycle and how it can be extended. Regularly the company then begins with sending a letter to your timeshare developer.