Dear [Seller's Name], I am writing to inform you that I am withdrawing my offer to purchase the house located at [property address] in Palm Beach, Florida. After careful consideration and further evaluation of my personal circumstances, I have concluded that it is not feasible for me to proceed with the purchase at this time. I would like to express my appreciation for your time and cooperation throughout the negotiation process. I understand that you may have invested time and effort in considering my offer, and I sincerely apologize for any inconvenience this may cause you. Furthermore, I would like to explain the reasons behind my decision. [Explain your reasons briefly, whether it's due to financial constraints, unforeseen changes in personal circumstances, or any other legitimate explanation.] Please let me reassure you that this decision is in no way reflective of the property or its condition. It is solely a result of my own personal situation and the need to reconsider my financial commitments extensively. I understand and respect the efforts and expenses that you may have incurred during the negotiation process. In recognition of this, I am more than willing to compensate you for any legitimate costs associated with evaluating my offer. Kindly provide me with a detailed breakdown of any documented expenses, and I will be prompt in reimbursing you accordingly. Once again, I apologize for any inconvenience this may cause, and I genuinely appreciate your understanding. I wish you the best of luck in finding another suitable buyer swiftly. Should my circumstances change in the future, I would be more than interested in reconsidering the purchase of your property. Thank you for your time and cooperation. Sincerely, [Your Name] [Your Contact Information]
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.