Here's my current nightmare... Signed a compromis de vente early October, with a generous deadline for the buyers to get their loan (or not) of Dec 15th. That came and went with nothing except - all is fine, don't worry. I asked about whether or not the sale was now "caduc" as I'd had other (American and cash) buyers extremely interested just after I signed the compromis. They, however have now moved on. Couldn't get a straight answer on the caduc question from anyone. "Techniquement oui, mais...." Was told to let the hols go by.
Mid January, same story but finally the notaire called the buyers' bank. They hadn't applied till Nov 28th, and not then having the necessary 3 months of in-credit bank statements the bank now needs the one from January plus an extension to the compromis in order to review the dossier and give an answer by mid February.
The buyers put down a 20K deposit and otherwise need a 100% loan. I am not at all confident they will get it. The notaire (same for all parties) seems to think I am not due the deposit unless I feel like fighting for it in court. He wants to give the buyers the extension. I don't know what to do and feel very sick at having most probably lost all this time, other buyers, had enormous stress and worry over it, for nothing. Since signing the compromis I haven't seen any paperwork at all. I've been told me to demand written proof of the application submission, the elements demanded by the bank, etc. before I sign anything else. I did that today but won't be surprised if the notaire refuses to comply.
I expect I'm not (unfortunately) the only one who's been through this kind of thing. Any advice would be extremely welcome. Merci d'avance...