Terra Valhalla llc Reports & Reviews (2)
Victim Location 59601
Type of a scam Investment
I am the representative for my Mother's estate. Her estate included a 1.04 acre undeveloped mountain land parcel. At the time of her death, the appraised value of the parcel was $43,000. Following her death, we sold the development rights and then sold the undevelopable parcel to a neighbor for $2,000. Given the location of the parcel, it had greater value to the neighbor than it would have for anyone else. Although the sale is complete, the paperwork with Boulder County is not complete. Thus, the records still show the owner as my Mother's estate.
Today, I received in the mail an unsolicited offer from Terra Valhalla (signed, Jason P. Allen, President) to purchase the parcel for $322,420.61, to be paid at closing "unless otherwise discussed". All I had to do was to sign and return the purchase agreement that was enclosed.
Given the nature of the offer, it is clear that Mr. Allen did no research, other than to scan Boulder County's public records, prior to making this offer. Certainly, had I signed and returned the agreement, the transaction would not have been completed at the offered price. At best, this appears to be a "bait and switch". Worst case scenario, a commitment to sell at whatever the final terms set by Terra Valhalla. It also appears to be an offer focused on elderly and/or persons settling the estate of their parents.
I got a similar letter from Terra Valhalla, How things go with them? Did you sell the property or is it a total scam?
Terra Valhalla llc Contacts
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