[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Denial of Request for Time Extension — Purchase of Home Dear [Recipient's Name], I hope this letter finds you well. I am writing to address your recent request for a time extension regarding the purchase of your home located in New Mexico. After carefully considering your request, I regret to inform you that we are unable to grant the extension you have requested. During the process of purchasing a home, we understand that unforeseen circumstances may arise, causing delays or complications. However, in this particular case, we must adhere to our internal policies and meet the timeline as specified in the initial purchase agreement. New Mexico Sample Letter for Denial of Request for Time Extension — Purchase of Home While we empathize with your current situation and the desire for additional time, we must prioritize the needs of all parties involved, including the seller, the real estate agents, and ourselves. Granting a time extension beyond the agreed-upon date could potentially disrupt their plans and create undue stress for all parties. We kindly encourage you to explore alternative options to accommodate your needs within the original timeline. We recommend reaching out to your financial institution to discuss potential financing options or engaging an attorney to assess any legal avenues available to you. These professionals can guide you through the process and provide you with the necessary advice and assistance to meet your home purchase requirements. We understand that this decision may come as a disappointment, but we firmly believe that adhering to the established deadlines ensures a fair and equitable process for all parties involved. If you have any further questions or concerns, please do not hesitate to reach out to us directly. We are more than willing to provide any additional information or clarification you may require. Thank you for your understanding in this matter. Sincerely, [Your Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.