Rabie Investment Company

Review: I was contacted by Dara Investment Company to purchase a vacant land property in own in [redacted] in [redacted]. I never received the $350 they were to pay me. I have been unable to reach anyone by phone or email and just recently received a letter from [redacted] telling me that they are trying to take title to my land. My assessor's parcel number is [redacted]. Please advise on what options I have to pursue this.Desired Settlement: Want to receive payment of $350.00.

These guys sent me a letter asking about buying a property I own. I called back to find out how they work. Said they would review my info and let me know. I said not to bother and hung up. Got a letter from them a week or so later. It was an offer to purchase. The amount was less than 3% of my original purchase price, let alone what it was worth. Would not do business with them nor recommend them.

This is not a positive review... BEWARE of DARA Investment Company sending you a offer on your property especially those in Calaveras County. This is a scam and they are trying to buy peoples property for not even close to market value... BEWARE high a local agent and have them assist you before you sign anything from this so called company...BEWARE....

I received a letter in the mail from [redacted] asking if I was interested in selling my vacant land. I contacted the company and told them I was not interested and that was the end of it I thought then approximately a month later I received an offer to purchase in the mail from the same company offering to pay $600 and for my land that is worth at least $100,000.

My wife and I sold our land to Rabie Investment Company (formerly Dara Investment Company) back in September of 2015. We were not happy with the offer but needed the money to pay off some debt. So we proceeded to sell Rabie Investment Company three 2.5 acre raw land parcels in Kern County California for for a total of $1590, for all three parcels. After some time had gone by and we hadn't heard from Dara or received a check, we began inquiring with them about our payment for the parcels starting in late October. Then we were told that Kern County had a 2 month backlog performing title transfers. So we checked back on December 15th, 2015, and was told that the check to us would go out on 12/23. Again after hearing nothing nor receiving the check, we inquired again on 1/6/2016. We were told that the check had been sent and that we should expect it the following week. Now on 1/14/2016 we inquired again with Rabie Investment Company (formerly Dara Investment Company) and was told again the check had been sent via USPS. We are now at 1/26/2016 and we have not heard from Rabie/Dara Investments, nor received money for our land. However, when I checked the Kern County Assessor, the land was transferred to Dara Investments so they now own it and we continue to wait for payment. At this point they seem to be avoiding us, as we cannot reach them unless we call from different numbers (i.e. work phone, pay phone, etc...). Once they know that it is my wife or myself, they hang up immediately.

We just want our check or the land back., In any event, I/we would never use Rabie/Dara Investment Company again, nor would we ever recommend them.

This company contacted us by US mail sent us a "SALE AGREEMENT FOR VACANT LAND" that we own in Lake Tahoe that we purchased in 2004 for $262K cash. Their purchase price was $580 (Five Hundred Eighty dollars)!!!! You have to be kidding. Our land is in an exclusive area with million dollar homes 1/4 acre and you offer us five hundred dollars is this 1920. Our land is not for sale. This company does not return phone calls and they are a joke! DO NOT DO BUSINESS WITH THEM THEY ARE TRYING TO STEAL FROM PEOPLE.