We sold our house and the realtor told us of this Cash Rewards rebate program for boats, cars and home purchases or sales. We trusted our realtor because we had known him for years so we agreed.
The way it works is, at closing you pay 1/2 % of the sale price and that gets sent to this rebate program. After closing you get the paperwork and within 7 days had to send in photocopies of several documents wait a 3 year period then send in additional documents within a 7 day timeframe again.
I was uncomfortable with some of their requirements but made sure that every last detail was sent in properly. We had waited 3 years for this rebate and I wanted to be sure everything was in order.
They were supposed to send my rebate within 60 days. 60 days passed and nothing. I called them and was told that it was being processed and they didn't see any problems and I would get my rebate check with 30 more days. That they were overwhelmed with all of the rebates. 28 days later I got a letter stating that document I sent showing my mortgage payoff wasn't dated within 90 days of closing therefore they were rejecting my rebate and their decision was final and would not be subject for review or appeal.
I took it to a lawyer and he said that the wording on the paperwork was intentially worded so that it could be interpreted several ways. That way they could find a way to refuse to pay. I GOT RIPPED OFF, in other words.
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