Contra Costa California Sample Letter Withdrawing Offer to Purchase House

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• County: Contra Costa
• 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 Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Subject: Withdrawing Offer to Purchase Property — [Property Address] Dear [Recipient's Name], I hope this letter finds you well. I am writing to officially withdraw my offer to purchase the property located at [Property Address], which was made on [date] and was valid until [expiry date]. After thorough consideration, I have come to the difficult decision that it is necessary for me to retract my offer. Despite my initial enthusiasm for the property, I have encountered unforeseen circumstances that have made it financially imprudent for me to move forward with the purchase. In light of these circumstances, I am aware that this withdrawal may cause inconvenience, and I regret any inconvenience it may cause you or the sellers. It was not an easy decision for me to make, as I have great respect for the property and the work that has gone into it. I understand that my withdrawal will release both parties from any obligations set forth in the offer to purchase agreement. I request that any earnest money deposit, as stated in the offer, be promptly refunded to me in full. Furthermore, I would like to express my sincere appreciation for the time and effort invested by both of our parties during this process. It is my hope that the property finds a suitable buyer who will appreciate it as much as I did. Once again, I apologize for any inconvenience this withdrawal may cause, and I thank you for your understanding. Should circumstances change in the future, I will not hesitate to reach out and express my interest once again. If you require any further information or documents from me to facilitate the smooth withdrawal process, please feel free to contact me at your convenience. Thank you for your prompt attention to this matter. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Subject: Withdrawing Offer to Purchase Property — [Property Address] Dear [Recipient's Name], I hope this letter finds you well. I am writing to officially withdraw my offer to purchase the property located at [Property Address], which was made on [date] and was valid until [expiry date]. After thorough consideration, I have come to the difficult decision that it is necessary for me to retract my offer. Despite my initial enthusiasm for the property, I have encountered unforeseen circumstances that have made it financially imprudent for me to move forward with the purchase. In light of these circumstances, I am aware that this withdrawal may cause inconvenience, and I regret any inconvenience it may cause you or the sellers. It was not an easy decision for me to make, as I have great respect for the property and the work that has gone into it. I understand that my withdrawal will release both parties from any obligations set forth in the offer to purchase agreement. I request that any earnest money deposit, as stated in the offer, be promptly refunded to me in full. Furthermore, I would like to express my sincere appreciation for the time and effort invested by both of our parties during this process. It is my hope that the property finds a suitable buyer who will appreciate it as much as I did. Once again, I apologize for any inconvenience this withdrawal may cause, and I thank you for your understanding. Should circumstances change in the future, I will not hesitate to reach out and express my interest once again. If you require any further information or documents from me to facilitate the smooth withdrawal process, please feel free to contact me at your convenience. Thank you for your prompt attention to this matter. Yours sincerely, [Your Name]