stan Posted October 20, 2012 Share Posted October 20, 2012 Being in the process of selling my house in France, I am aware of the 7 day cooling off period for any buyer following receipt of the signed Compromis de Vente. In our case the buyer is buying with a small mortgage along with substantial capital. The estate agent has said (and I recall this from my own buying experience) that the bank supplying the mortgage also stipulates a 10 day cooling off period following acceptance of the mortgage.If the buyer then withdraws from the mortgage offer during this 10 day cooling off period, I take it there is no loss of deposit that was lodged following the 7 day Compromis de Vente cooling off period and that is the end of the matter. I have tried to get this info from the estate agent, but as usual he is a bit cagey and will not give me an answer other than "there will be no problem, I have checked with the bank !) Link to comment Share on other sites More sharing options...
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