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Cancelling within 10 days (by R P.):

carlosa125 wrote:

I am within my 10 day period and understand I can cancel. I called and they say that even for cancellation they will charge closing costs of 10% purchase value plus some other benefits. Shouldn't they honor the statute that says without any cost or obligation and they will refund all money?

It's law that you have 10 days to rescind all obligations regarding your purchase .... do not CALL to rescind .... send a certified letter (note) return receipt via your post office NOW. It's the date posted on the letter that counts. You do not have to go into detail ..... just list your contract number and your name stating that you're rescinding.