There is a French law that states when you are buying a French property with financing once you receive a loan offer from a French banking institution you cannot accept immediately the loan.
You must wait a ten day cooling off period. After the ten days you can accept the loan.
We believe your acceptance of the loan must take place within 30 days of the loan offer from the bank.
It is important to note there is also a special way you must accept the offer.
Date of Posting September 2013, please take the time to confirm these details with your French real estate notary and French banker to make sure this information is still current.
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