This is JMHO.
Costco has a money back guarantee. Except recently instituted electronics, anything you buy at Costco, you can return regardless of how long you’ve had this item. I know someone that returned a vacuum cleaner after a couple of years. People return heaters they purchased in the winter. It is their policy. They want customers to be satisfied.
I’m not sure if everyone is familiar w/this. Most people are, especially if they shop at Costco. Some people think it’s wrong to do this, return something. They’ll take your purchase back, even w/out receipt. They just need your card and they have a record of your purchase in the computer.
Now, why is it wrong if it is Costco’s very own policy. They are betting most people won’t return items. But if it’s their policy, then some people take advantage of that. It is an understanding between customer and Costco.
If you enter into a contract w/a bank for a loan to buy the house and they don’t even bother to check if you can even make the payments and lo and behold you can’t, then the bank takes the house which you purchased w/their loan and they have held as collateral.
This should not really be considered wrong. It’s the terms of the contract and the bank agreed to this, as you have.
Sucks for everyone playing by the rules, but that’s how it is. The banks get the shaft. It will be less painful than have the people become mortgage slaves at the expense of taxpayers.
