Lonestar Transfer

Lonestar Transfer

4
Rated 4 out of 5
4
Overall Score

Lonestar Transfer

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:

  1. Loan/Mortgage Cancellation
  2. 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.

Reviews

Lonestar Transfer Reviews

Lonestar Transfer reviews are primarily positive on several online platforms. As our team mentioned earlier, numerous TV and radio shows. Endorsements are a positive sign because it demonstrates these companies are willing to put their reputation on the line for Lonestar Transfer. Still, these endorsements could be paid for and do not guarantee a company is reputable.

As we reviewed the company’s website, we learned, only owners who have completely paid off their timeshare qualify for the title transfer services. Those who do not qualify must use Lonestar timeshare agency’s mortgage/loan cancellation service. A title transfer typically means transferring your deed to a third-party corporation or someone is willing to take it off your hands. Another service the company discusses is their timeshare mortgage termination service. Lonestar Transfer does well here by explaining their very foundation of contract cancellation is due to timeshare sales representatives breaking consumer protection laws.

Lonestar Transfer explains how numerous timeshare sales staff tend to use high pressure sales tactics and mislead people by not explaining important disclosures. However, the company recommends that you should not reach out to the timeshare resort directly when you have intentions of cancelling your contract. Lonestar Transfer timeshare’s argument is that the resort could potentially “trap” you into your contract with them. Our team disagrees with this statement because some companies such as Hilton, Marriott, Holiday Inn, and Wyndham have timeshare exit programs of their own. You should try to see what the resort can offer you first, before discrediting them completely.

Another important find our team came across is a “100% in-writing guarantee.” This translates to a 100% Money-Back Guarantee that Lonestar Transfer offers. This is a positive sign because it shows how much the exit company values the consumer. As enticing as this offer can be, we still recommend an escrow option over the guarantee. Money-back guarantees still mean up-front fees, meaning you are still vulnerable to a timeshare exit scam. Who’s to protect you the day the exit company decides to file for bankruptcy? Now they’ve run off with your money and you’re still yet to cancel your timeshare.

Now we’re not saying Lonestar Transfer is going to do this; on the contrary the company seems like they have secure financial assets to back up their guarantee. Our team prefers escrow because it removes all up-front fees, thus eliminating that risk completely.

Plus this provides more peace of mind for the consumer knowing their money is safe with a third party escrow account. If you already have been scammed thousands with a timeshare, why would you want to run that risk of losing thousands more? We could not confirm if Lonestar Transfer timeshares charge up-front, but this still does not change our recommendation of an exit company who offers escrow versus one with a 100% Money-Back Guarantee.

 

Cost & Fees

Lonestar Transfer Fees

Similar to their competitors, Lonestar Transfer costs are not available online. The grounds of the cancellation industry are based on individualized consultations with each timeshare owner.

Each exit company takes into consideration the timeshare developer as well as the details in your contract, in other words, Lonestar Transfer fees are not determined until after a consultation with one of their experts. A standard range of exit costs can run from $3,000-$8,000. One tip we do want to offer is to always negotiate for a lower price. When an exit company mentions their “fees vary”, this is an opportunity for you to put on your best poker face and negotiate a cheaper cost! It doesn’t hurt to try and it can only benefit you.

The best way to determine how much your exit fees are, is by utilizing the Lonestar Transfer’s free consultation. We admire the company here for offering such an option because it demonstrates they are selective with which cases they accept. Always avoid companies who seem greedy, pressuring you for your billing information, and attempting to charge up-front without any knowledge of your current situation; typically, these are scams.

Ratings

Lonestar Transfer Ratings

Update March 2022: The Lonestar Transfer BBB page has an A+ rating. In any case, they are not accredited by the Better Business Bureau. They also have 908 customer reviews and 4.96/5-star ratings.

 

Lonestar Transfer also have a 2.5/5-star rating on Yelp out of 2 customer reviews. Additionally, they have a 4.9/5-star rating on Trust pilot out of 155 surveys.

 

The Lonestar Facebook page has a 4.95-star rating out of 39 reviews. Also, their Google profile has a 4.9/5-star rating out of 393 customer reviews. Below are past Trustpilot Reviews:

Who does Lonestar Transfer Work With?

Lonestar Transfer is direct in expressing that it can’t help every timeshare owner. They noticed quickly every client will require an individualized strategy. To begin the process, potential clients are urged to plan a conference with the organization, which can happen face-to-face at the company’s office in Texas or via telephone.

During the discussion, a delegate from the organization will ask the timeshare owners for more data about their timeshare. Contingent upon the possession status, kind of timeshare and area, Lonestar Transfer will choose if it can help the client.

As well as assisting clients with disposing of their timeshares, Lonestar Transfer says that it can likewise assist clients with escaping vacation club contracts.

Is Lonestar Transfer Legitimate?

The timeshare exit industry, similar to the timeshare business itself, is brimming with tricks and false dealings. Organizations that guarantee to help timeshare owners, don’t always follow through on those guarantees. Unfortunately, this has become extremely common.

Luckily, Lonestar Transfer doesn’t seem to be one of those organizations. The company has worked with over 14,000 clients and has gotten positive feedback from most of them.

All things considered, we can understand the hesitancy you might have to work with them. They don’t help all timeshare owners. They also do not offer an escrow payment option, meaning they charge up-front fees.

Final Thoughts

FAQ’s

Who Owns Lonestar Transfer?

  • Bryan & Karen Holloway 

Where is the Lonestar Transfer Headquarters?

  • Rockwall, Texas

What is the Contact Information for Lonestar Transfer?

Final Thoughts

In conclusion, Lonestar Transfers does appear to be a legitimate exit company. The company does offer a 100% Money-Back Guarantee but does not offer an escrow option.

Although this can provide a sense of security during your cancellation, still the best way to protect yourself against an exit scam is a no up-front fee escrow option. We could not confirm if Lonestar Transfers charges up-front, but regardless we always recommend exit companies who offer a low-cost escrow option.

Contact our team so we can help you find and determine if a timeshare exit company is reputable. We recommend exit companies that offer escrow to eliminate any up-front fees. Learn more about how you can protect yourself against a timeshare exit scam. Fill out the form on the right or contact us through Live Chat for a free customized consultation.

Company Details

Time in Business
8
LAST UPDATED: April 3, 2022

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User Reviews

Star Rating

4
Rated 4 out of 5

REVIEW BREAKDOWN

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Such a Relief

Rated 4 out of 5
February 10, 2021

Getting rid of a time-share was such a relief. Lone Star was very prompt in answering my questions. All of the personnel I talked with were very reassuring. Would recommend them to others.

Patty

Quicker than I had expected

Rated 4 out of 5
February 10, 2021

Lone Star Transfer did everything they said they would, and quicker than I had expected. If your tired of paying maintenance fees for a timeshare that you don’t fully use, give them a call. I was very satisfied with the service they provided.

Brad S.

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