Utah Sample Letter Withdrawing Offer to Purchase House

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• Control #: US-0701LR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Subject: Notice of Withdrawal of Offer to Purchase House — [Property Address] Dear [Seller's Name], I am writing to formally withdraw my offer to purchase the house located at [Property Address] in Utah. After careful consideration and thorough evaluation, I have unfortunately decided to rescind my offer, and I understand that this may cause inconvenience to both parties involved. I sincerely apologize for any inconvenience caused and appreciate your understanding. As per the terms and conditions outlined in the offer letter dated [Offer Date], I reserve the right to withdraw my offer before the specified deadline or upon mutual agreement with the seller. Despite my initial interest, unforeseen circumstances have arisen that have compelled me to reconsider this purchase. I would like to emphasize that my decision is not reflective of any issues related to the property or its condition. It is solely due to my personal circumstances and changing needs. I assure you that I have taken this decision after careful thought and deliberation. Please be informed that I fully understand the implications of withdrawing my offer at this stage of the process. I am aware that both parties may have invested time, effort, and financial resources into facilitating this transaction, and I deeply regret any inconvenience this may have caused. I sincerely apologize for any inconveniences or disruptions this may have caused in your plans. Moreover, I acknowledge that any costs incurred by the seller during the evaluation or negotiation process will be at their discretion in accordance with the agreement terms. I am willing to discuss any expenses if necessary, keeping in mind that my intention is not to cause any undue financial burden. I would like to extend my gratitude for your cooperation and support throughout this process up until now. Furthermore, I truly appreciate your patience and understanding regarding my decision. If there are any outstanding matters or documents related to the offer withdrawal, please let me know, and I will ensure a swift resolution. Once again, please accept my sincere apologies for any inconvenience caused. I hope you are able to find an alternate buyer quickly, and I wish you success in your future endeavors. Thank you for your understanding and cooperation. Sincerely, [Your Name] [Your Contact Information]

Subject: Notice of Withdrawal of Offer to Purchase House — [Property Address] Dear [Seller's Name], I am writing to formally withdraw my offer to purchase the house located at [Property Address] in Utah. After careful consideration and thorough evaluation, I have unfortunately decided to rescind my offer, and I understand that this may cause inconvenience to both parties involved. I sincerely apologize for any inconvenience caused and appreciate your understanding. As per the terms and conditions outlined in the offer letter dated [Offer Date], I reserve the right to withdraw my offer before the specified deadline or upon mutual agreement with the seller. Despite my initial interest, unforeseen circumstances have arisen that have compelled me to reconsider this purchase. I would like to emphasize that my decision is not reflective of any issues related to the property or its condition. It is solely due to my personal circumstances and changing needs. I assure you that I have taken this decision after careful thought and deliberation. Please be informed that I fully understand the implications of withdrawing my offer at this stage of the process. I am aware that both parties may have invested time, effort, and financial resources into facilitating this transaction, and I deeply regret any inconvenience this may have caused. I sincerely apologize for any inconveniences or disruptions this may have caused in your plans. Moreover, I acknowledge that any costs incurred by the seller during the evaluation or negotiation process will be at their discretion in accordance with the agreement terms. I am willing to discuss any expenses if necessary, keeping in mind that my intention is not to cause any undue financial burden. I would like to extend my gratitude for your cooperation and support throughout this process up until now. Furthermore, I truly appreciate your patience and understanding regarding my decision. If there are any outstanding matters or documents related to the offer withdrawal, please let me know, and I will ensure a swift resolution. Once again, please accept my sincere apologies for any inconvenience caused. I hope you are able to find an alternate buyer quickly, and I wish you success in your future endeavors. Thank you for your understanding and cooperation. Sincerely, [Your Name] [Your Contact Information]