[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 in good health and spirits. Firstly, I would like to express my appreciation for considering my request for a time extension in relation to the purchase of [Property Address]. However, after careful consideration and consultation with my financial advisor, I regret to inform you that I am unable to grant your request for an extension beyond the agreed-upon closing date. Since initiating the purchase process, I have encountered unexpected financial constraints and unanticipated complications that have hampered my ability to meet the original closing date. Despite my best efforts, it is with regret that I cannot fulfill your request for an extension, as doing so would further jeopardize my financial stability. Furthermore, I understand that this decision may inconvenience you, especially considering [any special circumstances or arrangements related to the purchase]. However, please be aware that my financial situation cannot be overlooked, and I must prioritize securing my financial well-being and ensuring a stable future. I am fully aware of the impact this may have on the transaction, and I would like to apologize sincerely for any inconvenience or disappointment caused. I empathize with the situation and understand the potential inconveniences it may pose to you as well. It was not an easy decision for me to make, but I firmly believe it is the most responsible course of action given my current circumstances. Should you wish to discuss this matter further or explore alternative solutions, I am open to dialogue and finding an agreeable resolution, if feasible. I value your professionalism and understanding in addressing this unfortunate situation and hope that we can reach an understanding that benefits both parties involved. Thank you for your patience and understanding. I sincerely apologize for any inconvenience caused, and I look forward to your prompt response or the potential for future collaborations. Best regards, [Your Name]