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Timeshare exit- Square One

Discussion in 'Buying, Selling & Renting Timeshares' started by GaryLiimatainen, Jul 12, 2019.

  1. GaryLiimatainen

    GaryLiimatainen TUG Member

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    has anyone had experience with Square One to legally get out of a timeshare?
     
  2. Theiggy

    Theiggy TUG Member

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    I have never heard of them, but if they are charging upfront fees to “get you out of your timeshare”, I would run fast. There is lots of info here one TUG on how to sell, give away, or deed-back your timeshare.


    Sent from my iPhone using Tapatalk
     
    TUGBrian likes this.
  3. Theiggy

    Theiggy TUG Member

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    TUGBrian and RX8 like this.
  4. RX8

    RX8 TUG Member

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    Extracting money from timeshare owners is a lucrative business. It brings out scammers and others with maybe good intentions, all looking to make a quick buck.

    Just google timeshare exit and see how many are competing to get that money. My opinion most don’t envision this as a long term business. They are going to collect upfront fees and aren’t going to get all of them out of heir timeshare. They will close shop at some point, my guess is that the lifespan is about 3 years or less.

    Square One joined in only a few months ago - their website was created on October 18, 2018. One other thing to point out. When registering a domain one has the option to do so for multiple years. All scammer websites will register for only one year because they don’t expect to be around for long. Not saying Square One is a scammer but they also registered their domain name for just one year. I don’t think they know if they are going to be in this for the long term.

    As Theiggy said, save your thousands of dollars and at least make an attempt to give away your timeshare. Even if you have to sweeten the offer by including a VISA gift card at closing you are still thousands of dollars ahead.
     
    Last edited: Jul 12, 2019
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  5. RX8

    RX8 TUG Member

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  6. rickandcindy23

    rickandcindy23 TUG Review Crew: Expert TUG Member

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    Wyndham Plat,RCI pts,Shell,WorldMark,OKW,SSR pts; Marriott's Willow Ridge;Val Chatelle; Hono Koa; SBP; Blue Ridge Village.
    What do you own? Why do you think the resort won't take it back? Is it paid off? There are so many companies with new names, all of them trying to take your money. Don't give them a chance. Give it away here on TUG or offer it on Craig's List. If you owe money on it, consider it a very expensive lesson and use it. Don't throw away good money after bad.
     
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  7. RX8

    RX8 TUG Member

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    Want to know what kind of people you would be working with at this company?

    The corporation was established in 2005 by George and Louann Reed. Sometime around 2010 the principals of the corporation changed to just Louann. The most recent public document shows them at a home in Defiance, MO.

    George Reed was convicted of one of the worst kinds of crimes.
    https://www.homefacts.com/offender-detail/MO9740142020170613/George-Leo-Reed.html

    George and Luann still own the home together that is listed on the link above.

    Legit company or not, I wouldn’t give them a dime of my money. Disgusting.
     
    Last edited: Jul 13, 2019
  8. Theiggy

    Theiggy TUG Member

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    Ew sounds like a great guy...


    Sent from my iPhone using Tapatalk
     
  9. chapjim

    chapjim TUG Member

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    Wyndham PresRes, Quarter House (4), Resort on Cocoa Beach (4), some others.
    They are honest! It says so right on their website!
     
    Last edited: Jul 12, 2019
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