North Dakota Sample Letter for Denial of Request for Time Extension - Purchase of Home

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• Control #: US-0173LR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, Zip] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip] 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 discuss the recent request you made for a time extension in the purchase of your home in [City, State]. After careful consideration and review of your request, I regret to inform you that your request for an extension has been denied. Unfortunately, the purchase agreement clearly states that the closing date for the home is [original closing date], and as a seller, it is crucial for me to adhere to the specified timeline. Ensuring a smooth and timely transaction is in the best interest of both parties involved, and any delay could potentially lead to complications and financial repercussions. Moreover, it is important to note that the purchase agreement already allowed for a reasonable timeline to complete any inspections, secure financing, and address any other contingencies that may arise. Therefore, granting an extension would be unfair to other prospective buyers who are ready and eager to proceed with their own home purchases. I understand that unforeseen circumstances can occur, which may cause delays or complications in the home buying process. However, it is essential to honor the agreements made between buyer and seller to maintain trust and integrity in the real estate market. If you require any assistance or have any questions regarding alternative options, such as seeking another lender or exploring additional financing alternatives, I am more than willing to provide guidance and support. I want nothing more than to see you successfully complete your home purchase. Please understand that this decision is not personal, but rather a necessary one to fulfill the contractual obligations in a fair and equitable manner. I genuinely regret any inconvenience or disappointment this denial may cause you. Thank you for your understanding and cooperation throughout this process. I sincerely hope that you find a suitable alternative and that your housing needs are met without further delay. If you have any questions or need further clarification, please do not hesitate to contact me directly at [Your Phone Number] or [Your Email Address]. Best regards, [Your Name] [Your Title, if applicable]

[Your Name] [Your Address] [City, State, Zip] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip] 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 discuss the recent request you made for a time extension in the purchase of your home in [City, State]. After careful consideration and review of your request, I regret to inform you that your request for an extension has been denied. Unfortunately, the purchase agreement clearly states that the closing date for the home is [original closing date], and as a seller, it is crucial for me to adhere to the specified timeline. Ensuring a smooth and timely transaction is in the best interest of both parties involved, and any delay could potentially lead to complications and financial repercussions. Moreover, it is important to note that the purchase agreement already allowed for a reasonable timeline to complete any inspections, secure financing, and address any other contingencies that may arise. Therefore, granting an extension would be unfair to other prospective buyers who are ready and eager to proceed with their own home purchases. I understand that unforeseen circumstances can occur, which may cause delays or complications in the home buying process. However, it is essential to honor the agreements made between buyer and seller to maintain trust and integrity in the real estate market. If you require any assistance or have any questions regarding alternative options, such as seeking another lender or exploring additional financing alternatives, I am more than willing to provide guidance and support. I want nothing more than to see you successfully complete your home purchase. Please understand that this decision is not personal, but rather a necessary one to fulfill the contractual obligations in a fair and equitable manner. I genuinely regret any inconvenience or disappointment this denial may cause you. Thank you for your understanding and cooperation throughout this process. I sincerely hope that you find a suitable alternative and that your housing needs are met without further delay. If you have any questions or need further clarification, please do not hesitate to contact me directly at [Your Phone Number] or [Your Email Address]. Best regards, [Your Name] [Your Title, if applicable]