[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Subject: Withdrawing Offer to Purchase House for [Property Address] Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to formally withdraw my offer to purchase the house located at [Property Address], which was submitted on [Date of Offer Submission]. After careful consideration and thorough evaluation of my current financial situation and long-term goals, I have decided to withdraw my offer to purchase the aforementioned property. This decision has been made with careful consideration and is not reflective of any concerns regarding the property itself. I sincerely apologize for any inconvenience this may cause you or any other parties involved in the transaction. I understand that this withdrawal may disrupt the plans and expectations you had concerning the sale of the property. However, I want to assure you that this decision was not taken lightly and was necessary due to personal circumstances. If there were any monetary deposits or earnest money that were part of my original offer, please let me know the appropriate steps to initiate their prompt return. I fully understand that any costs associated with the cancellation of the purchase agreement will be my responsibility. Once again, I apologize for any inconvenience this may cause, and I appreciate your understanding and cooperation in this matter. I hope that you will be able to find another suitable buyer promptly and proceed with the sale of the property smoothly. If there are any additional documents or forms that require my signature to finalize this withdrawal, please let me know, and I will promptly take care of them. Thank you for your time and consideration. If there are any questions or concerns, please do not hesitate to contact me via phone or email. Sincerely, [Your Name]