Sample Letter for Denial of Request for Time Extension — Purchase of Home: [Your Name] [Your Address] [City, State, ZIP] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Denial of Request for Time Extension — Purchase of Home Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you of my decision regarding your recent request for a time extension on the purchase of a home located in Franklin, Ohio. After careful consideration and reviewing all relevant factors, I regret to inform you that your request for a time extension has been denied. We understand that unforeseen circumstances may arise during the home buying process, and we genuinely sympathize with any difficulties you may be facing. However, due to the current market conditions and our commitment to maintaining fairness and efficiency in all transactions, we are unable to grant your request for an extension beyond the agreed-upon deadline. Several factors led to this decision, including: 1. Availability of other potential buyers: There is significant interest in the property, and granting an extension may jeopardize the opportunity for other potential buyers who are ready to proceed promptly. 2. Financial obligations: Adhering to the timelines is essential for our financial planning. Any further extension may impact our ability to meet our fiscal obligations or engage in other transactions. 3. Seller's expectations: The sellers are eager to finalize the sale within the agreed-upon timeframe and have made plans based on this timeline. Extending the closing date could inconvenience them and lead to additional complications. While we understand the inconvenience this may cause you, we believe it is in the best interest of all parties involved to proceed as originally scheduled. We recommend exploring alternative options to ensure a smooth and timely transition, such as seeking additional support from lenders or engaging a real estate agent to expedite the process. Please note that all earnest money deposits made towards the purchase will be promptly refunded. We value your understanding and appreciate your efforts in pursuing this home purchase. If you have any further questions or concerns, please do not hesitate to contact us. Thank you for your understanding and cooperation. Sincerely, [Your Name] Keywords: Franklin Ohio, purchase of home, time extension, denial, letter, request, agreement, real estate, buyer, seller, market conditions, financial obligations, potential buyers, sellers' expectations, closing date, inconvenience, earnest money deposits, refunded, lenders, real estate agent.
Sample Letter for Denial of Request for Time Extension — Purchase of Home: [Your Name] [Your Address] [City, State, ZIP] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Denial of Request for Time Extension — Purchase of Home Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you of my decision regarding your recent request for a time extension on the purchase of a home located in Franklin, Ohio. After careful consideration and reviewing all relevant factors, I regret to inform you that your request for a time extension has been denied. We understand that unforeseen circumstances may arise during the home buying process, and we genuinely sympathize with any difficulties you may be facing. However, due to the current market conditions and our commitment to maintaining fairness and efficiency in all transactions, we are unable to grant your request for an extension beyond the agreed-upon deadline. Several factors led to this decision, including: 1. Availability of other potential buyers: There is significant interest in the property, and granting an extension may jeopardize the opportunity for other potential buyers who are ready to proceed promptly. 2. Financial obligations: Adhering to the timelines is essential for our financial planning. Any further extension may impact our ability to meet our fiscal obligations or engage in other transactions. 3. Seller's expectations: The sellers are eager to finalize the sale within the agreed-upon timeframe and have made plans based on this timeline. Extending the closing date could inconvenience them and lead to additional complications. While we understand the inconvenience this may cause you, we believe it is in the best interest of all parties involved to proceed as originally scheduled. We recommend exploring alternative options to ensure a smooth and timely transition, such as seeking additional support from lenders or engaging a real estate agent to expedite the process. Please note that all earnest money deposits made towards the purchase will be promptly refunded. We value your understanding and appreciate your efforts in pursuing this home purchase. If you have any further questions or concerns, please do not hesitate to contact us. Thank you for your understanding and cooperation. Sincerely, [Your Name] Keywords: Franklin Ohio, purchase of home, time extension, denial, letter, request, agreement, real estate, buyer, seller, market conditions, financial obligations, potential buyers, sellers' expectations, closing date, inconvenience, earnest money deposits, refunded, lenders, real estate agent.
