Alameda California Sample Letter Withdrawing Offer to Purchase House

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• County: Alameda
• 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. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Withdrawing Offer to Purchase House Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally withdraw my offer to purchase the house located at [property address] in Alameda, California. After careful consideration and reviewing my personal circumstances, I have regrettably come to the conclusion that I am no longer able to proceed with the purchase. Firstly, I would like to express my sincere apologies for any inconvenience this may cause. I understand that you were considering my offer and may have been in the process of making arrangements accordingly. However, unforeseen changes in my financial situation have necessitated this decision. I appreciate the time and effort you and your agent have invested throughout this negotiation process, and I genuinely apologize for any wasted effort incurred. I understand that this withdrawal may cause a disruption in your plans, and for that, I apologize sincerely. In accordance with the terms outlined in the purchase agreement, I understand that my earnest money deposit of [amount] will be returned to me promptly. Please forward the refund to the address provided above, or alternatively, you may choose to credit the deposit towards any holding costs or expenses you may have incurred during this period. Once again, I genuinely regret any inconvenience this may cause, and I genuinely appreciate your understanding in this matter. I understand the significance of revoking an offer and the subsequent consequences it may lead to. Should my financial situation change in the future, and circumstances permit, I would not hesitate to reconsider the property and contact you accordingly. I value your professionalism and experience, which has been evident throughout this process, and would be delighted to engage in future real estate endeavors under more favorable circumstances. Thank you once again for your understanding. If you have any questions or require further information, please do not hesitate to contact me at your convenience. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Withdrawing Offer to Purchase House Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally withdraw my offer to purchase the house located at [property address] in Alameda, California. After careful consideration and reviewing my personal circumstances, I have regrettably come to the conclusion that I am no longer able to proceed with the purchase. Firstly, I would like to express my sincere apologies for any inconvenience this may cause. I understand that you were considering my offer and may have been in the process of making arrangements accordingly. However, unforeseen changes in my financial situation have necessitated this decision. I appreciate the time and effort you and your agent have invested throughout this negotiation process, and I genuinely apologize for any wasted effort incurred. I understand that this withdrawal may cause a disruption in your plans, and for that, I apologize sincerely. In accordance with the terms outlined in the purchase agreement, I understand that my earnest money deposit of [amount] will be returned to me promptly. Please forward the refund to the address provided above, or alternatively, you may choose to credit the deposit towards any holding costs or expenses you may have incurred during this period. Once again, I genuinely regret any inconvenience this may cause, and I genuinely appreciate your understanding in this matter. I understand the significance of revoking an offer and the subsequent consequences it may lead to. Should my financial situation change in the future, and circumstances permit, I would not hesitate to reconsider the property and contact you accordingly. I value your professionalism and experience, which has been evident throughout this process, and would be delighted to engage in future real estate endeavors under more favorable circumstances. Thank you once again for your understanding. If you have any questions or require further information, please do not hesitate to contact me at your convenience. Sincerely, [Your Name]