Subject: Denial of Request for Time Extension — Purchase of Home [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Ref: Denial of Request for Time Extension — Purchase of Home Dear [Recipient's Name], I am writing this letter in response to your recent request for a time extension to complete the purchase of the property located at [Property Address] in [City], [State]. After careful consideration, I regret to inform you that your request for an extension has been denied. We fully understand the importance of the purchasing process and the unexpected challenges that can arise during this period. However, our policies and procedures necessitate commitment to mutually agreed-upon timelines to ensure efficiency and fairness for all parties involved. While we genuinely value your interest in purchasing the property and empathize with any unforeseen circumstances that may have caused delays, we are unable to grant the extension request due to several factors, including: 1. Legal and Financial Obligations: We have legal and financial commitments that necessitate a timely closing process. Meeting these obligations is crucial to ensure a smooth transition of ownership. 2. Seller's Circumstances: The seller has expressed their desire for a timely transaction due to personal circumstances, such as relocation or financial commitments. It is essential for us to consider the seller's needs and interests in this matter. 3. Other Potential Buyers: Providing an extension may disrupt our ability to consider other potential buyers who are interested in purchasing the property. Granting extensions could lead to the loss of potential buyers and hinder our commitment to maintaining a fair and competitive market. Despite the unfortunate denial of your request, we encourage you to contact us immediately to discuss alternative options or potential solutions. Our team is committed to providing exceptional customer service and exploring possible alternatives to address your concerns. We sincerely apologize for any inconvenience this decision may cause, and we appreciate your understanding. We wish you success in your future real estate endeavors and remain open to assisting you with any further inquiries. Should you have any questions or require additional information, please feel free to contact us through the information provided above. Thank you for considering our services, and we hope to hear from you soon. Yours sincerely, [Your Name]