Pima Arizona Sample Letter Withdrawing Offer to Purchase House

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• County: Pima
• 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. Dear [Seller's Name], I hope this letter finds you well. I am writing to officially withdraw my offer to purchase your house located in Lima, Arizona. After careful consideration and further evaluation of my financial situation, I regretfully inform you that I am no longer able to proceed with the purchase at this time. I want to express my sincere apologies for any inconvenience or disruption this may cause. I understand that this decision may come as a disappointment, especially considering the time and effort you have put into marketing the property. Please know that my withdrawal is solely due to unforeseen circumstances beyond my control. I would like to thank you for your cooperation throughout the process. I genuinely appreciate your prompt responses to my inquiries and allowing me to conduct necessary inspections and assessments. Your professionalism and assistance throughout this transaction have been commendable. In accordance with the terms and conditions outlined in the purchase agreement, I understand that any earnest money or deposits made towards the purchase will be promptly refunded to me, as per our agreement. I kindly request that you initiate the necessary steps to process the refund within [specific timeframe, typically stated in the purchase agreement]. I want to emphasize that my decision to withdraw is not a reflection of any issues with the property itself. Furthermore, I still believe it to be a remarkable house in an excellent location. Unfortunately, my current circumstances prevent me from proceeding with the purchase as intended. Once again, I apologize for any inconvenience, and I sincerely hope that you will find an equally suitable buyer in the near future. If circumstances change in the future, and the property is still available, I would be interested in revisiting the opportunity to purchase. Thank you for your understanding, and I wish you all the best in finding the right buyer for your property. Yours sincerely, [Your Name] [Your Contact Information]

Dear [Seller's Name], I hope this letter finds you well. I am writing to officially withdraw my offer to purchase your house located in Lima, Arizona. After careful consideration and further evaluation of my financial situation, I regretfully inform you that I am no longer able to proceed with the purchase at this time. I want to express my sincere apologies for any inconvenience or disruption this may cause. I understand that this decision may come as a disappointment, especially considering the time and effort you have put into marketing the property. Please know that my withdrawal is solely due to unforeseen circumstances beyond my control. I would like to thank you for your cooperation throughout the process. I genuinely appreciate your prompt responses to my inquiries and allowing me to conduct necessary inspections and assessments. Your professionalism and assistance throughout this transaction have been commendable. In accordance with the terms and conditions outlined in the purchase agreement, I understand that any earnest money or deposits made towards the purchase will be promptly refunded to me, as per our agreement. I kindly request that you initiate the necessary steps to process the refund within [specific timeframe, typically stated in the purchase agreement]. I want to emphasize that my decision to withdraw is not a reflection of any issues with the property itself. Furthermore, I still believe it to be a remarkable house in an excellent location. Unfortunately, my current circumstances prevent me from proceeding with the purchase as intended. Once again, I apologize for any inconvenience, and I sincerely hope that you will find an equally suitable buyer in the near future. If circumstances change in the future, and the property is still available, I would be interested in revisiting the opportunity to purchase. Thank you for your understanding, and I wish you all the best in finding the right buyer for your property. Yours sincerely, [Your Name] [Your Contact Information]