[Your Name] [Your Address] [City, State ZIP Code] [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 am writing to inform you that your request for a time extension regarding the purchase of your home at [property address] in San Antonio, Texas has been carefully reviewed by our team. After thorough consideration, we regret to inform you that we cannot grant the requested extension. As you may be aware, the purchase of a home involves numerous factors and considerations, including contractual obligations and the interests of all parties involved. While we understand your desire for more time, we must adhere to the agreed-upon timeline outlined in our purchase agreement. Our decision has been based on several factors, including, but not limited to: 1. Contractual Commitments: The purchase agreement legally binds all parties involved to specific timelines and deadlines. By granting an extension, we would risk breaching our contractual obligations, potentially leading to legal complications. 2. Financial Implications: Extending the closing date could have financial implications for all parties, including mortgage rates, interest rates, and potential penalties. It is vital to maintain the financial stability and integrity of the transaction. 3. Commitment to Other Buyers: By granting an extension, we may inadvertently delay the opportunity for other potential buyers to purchase the property. It is important to maintain a fair and competitive environment for all parties involved. Although we were not able to grant your request for a time extension, we would like to work with you to explore alternative solutions. One such option could be investigating if it would be possible for partial occupancy or leaseback arrangements while we finalize the remaining aspects of the purchase. We understand that this decision may not align with your expectations, and we apologize for any inconvenience caused. If you have any further questions or concerns, please do not hesitate to contact us. We value your interest in purchasing the property and appreciate your understanding. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Contact Information] Different types variants or formats of the letter may include: 1. San Antonio Texas Sample Letter for Denial of Request for Time Extension — Home Loan Application 2. San Antonio Texas Sample Letter for Denial of Request for Time Extension — Rental Agreement Renewal 3. San Antonio Texas Sample Letter for Denial of Request for Time Extension — Construction Project Completion 4. San Antonio Texas Sample Letter for Denial of Request for Time Extension — Job OffeAcceptancccccccccce.ce
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.