Subject: Denial of Request for Time Extension — Purchase of Home Dear [Name of Applicant], We hope this letter finds you well. We appreciate your effort in diligently working towards completing the purchase of your new home located in Nassau, New York. However, after careful consideration, we regret to inform you that we are unable to grant your request for a time extension on the purchase. As you may be aware, Nassau, New York, offers a vibrant community, a rich history, and numerous amenities that make it an attractive place to reside. We understand the excitement and anticipation that come with finding the perfect home in this desirable area, but unfortunately, we must adhere to our established policies and timelines to ensure fair treatment for all parties involved. Our decision to deny the time extension request is based on several key factors: 1. Contractual Obligations: The initial purchase agreement specified a specific timeline within which the purchase must be completed. In order to maintain fairness and respect for all involved, abiding by these terms is crucial. 2. Market Dynamics: The real estate market in Nassau, New York, is highly competitive, with properties often receiving multiple offers. By granting time extensions, we risk losing out on potential buyers who are prepared to meet the agreed-upon terms and complete the purchase within the specified timeframe. 3. Seller's Considerations: The seller has expressed their desire for a swift and uncomplicated transaction. Granting an extension would not align with their objectives and could lead to unnecessary complications and potential dissatisfaction. While we understand that unforeseen circumstances may arise during the purchasing process, it remains essential that both buyers and sellers fulfill their contractual obligations. We encourage you to explore alternative options to ensure a successful closing within the agreed-upon timeframe. We acknowledge your commitment and effort in this endeavor, and we sincerely regret any inconvenience this may cause. Furthermore, we are available to discuss any questions or concerns you may have and offer guidance or assistance in finding alternative solutions. Thank you for your understanding and cooperation. We wish you the best of luck in your future endeavors and hope that you find your dream home soon. Sincerely, [Your Name] [Your Title/Position] [Your Contact Information]