Dear [Seller's Name], I am writing to formally withdraw my offer to purchase your house at [address]. After careful consideration and reviewing my financial situation, I regret to inform you that I am no longer able to proceed with the purchase. I would like to express my sincere apologies for any inconvenience this may cause you and appreciate the time and effort you have put into the negotiating process. Please understand that my decision is not a reflection of any shortcomings of the property itself but rather an unfortunate change in my personal circumstances. I understand that this withdrawal may come as a disappointment, and I assure you that I did not make this decision lightly. I had every intention of completing the transaction and had made initial preparations accordingly. However, unforeseen financial constraints have arisen, forcing me to reconsider my plans. I kindly request your understanding and reassurance that any earnest money or deposit I submitted will be returned promptly. I am available to discuss the logistics of the refund or any additional paperwork that may be required to dissolve our agreement. Furthermore, I would like to emphasize that I hold no ill feelings towards you or your house, and I genuinely apologize for any inconvenience caused by this sudden change of heart. Furthermore, I appreciate your understanding during this difficult time for me. Once again, I apologize for any inconvenience this may have caused, and I wish you the best in finding a suitable buyer for your property. If at any point in the future my circumstances change, I would not hesitate to re-engage in discussions. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Contact Information]
South Dakota Sample Letter Withdrawing Offer to Purchase House
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