Subject: Regretful Denial of Requested Time Extension — Purchase of Home [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Dear [Recipient's Name], I hope this letter finds you well. I am writing in regard to your recent request for a time extension in the purchase of your new home in the Virgin Islands. Please accept my sincere apologies for any inconvenience this may cause, but regrettably, your request cannot be granted. While we understand that unexpected circumstances can sometimes arise during the home buying process, we have specific policies and timelines in place to ensure a smooth and expedited purchase transaction for all our valued customers. Unfortunately, granting a time extension would create delays that could affect both you and other potential buyers, and contradict the principles we adhere to. We genuinely appreciate your interest in purchasing a home in the exquisite Virgin Islands, but due to the competitive real estate market dynamics and high levels of buyer interest, it is crucial for us to adhere to the agreed-upon timeframes to maintain fairness and thwart any possible disruption to other prospective buyers. In the event that you are unable to complete the purchase within the given timeframe, we sincerely regret that we will not be able to accommodate your request for an extension. We are obliged to move forward with alternative options, including considering other interested parties who are ready and able to proceed with the purchase without any delay. We understand that this news may be disappointing for you, but we firmly believe that adhering to our established policies ensures transparency, integrity, and fairness to all involved parties. Throughout the process, our dedicated team has been eager to assist you every step of the way, so please do not hesitate to reach out to us if you require any further information or assistance. We value your interest in our properties and wish you the very best in your future endeavors. We remain committed to providing exceptional service and assisting you with any future real estate requirements you may have. Yours sincerely, [Your Name]