Riverside California Sample Letter Withdrawing Offer to Purchase House

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• County: Riverside
• 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. Subject: Sincere Apologies for Withdrawing Offer to Purchase Your Riverside, California House [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Dear [Recipient's Name], I hope this letter finds you well. I am writing to extend my sincerest apologies regarding the offer I made to purchase your Riverside, California house located at [property address]. After careful consideration and consultation with my family, regretfully, we have decided to withdraw our offer. We understand how inconvenient and disappointing this may be, especially after the extensive communication and progress made thus far. Therefore, I wanted to provide you with a comprehensive explanation to clarify our reasons for withdrawing the offer at this time. 1. Financial Constraints: Unfortunately, unforeseen financial circumstances have arisen, compelling us to reconsider our purchase decision. As much as we were thrilled about the prospect of owning your property, we must prioritize our financial stability and make the necessary adjustments accordingly. 2. Personal Circumstances: Alongside the aforementioned financial constraints, we have experienced a significant change in our personal circumstances, which necessitates us to review our real estate plans and make choices that align better with our current situation. Please note that this decision has not been easy for us, as we were genuinely interested in acquiring your property. We have immense respect for the investment you have made in your home and understand the commitment you have devoted to bringing it to the market. Despite withdrawing our offer, we remain grateful for the opportunity to engage in negotiations and express our admiration for your Riverside, California residence. We firmly believe that your property will attract other potential buyers who will appreciate and value its unique features. Furthermore, we genuinely regret any inconvenience or frustration this may cause. We understand the time and effort you have invested throughout the selling process, and we apologize for being unable to proceed with the purchase as intended. We kindly request your understanding and assure you that this decision was not taken lightly. If there are any expenses you may have incurred as a result of our withdrawal, please let us know, and we will gladly reimburse you accordingly. Thank you for your patience, understanding, and cooperation in this matter. I sincerely apologize for any disruptions caused, and I wish you every success in finding the perfect buyer for your exquisite Riverside, California house. Please feel free to reach out if you have any further questions or require additional information. Once again, I extend my deepest apologies for any inconvenience this may have caused. Yours sincerely, [Your Name]

Subject: Sincere Apologies for Withdrawing Offer to Purchase Your Riverside, California House [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Dear [Recipient's Name], I hope this letter finds you well. I am writing to extend my sincerest apologies regarding the offer I made to purchase your Riverside, California house located at [property address]. After careful consideration and consultation with my family, regretfully, we have decided to withdraw our offer. We understand how inconvenient and disappointing this may be, especially after the extensive communication and progress made thus far. Therefore, I wanted to provide you with a comprehensive explanation to clarify our reasons for withdrawing the offer at this time. 1. Financial Constraints: Unfortunately, unforeseen financial circumstances have arisen, compelling us to reconsider our purchase decision. As much as we were thrilled about the prospect of owning your property, we must prioritize our financial stability and make the necessary adjustments accordingly. 2. Personal Circumstances: Alongside the aforementioned financial constraints, we have experienced a significant change in our personal circumstances, which necessitates us to review our real estate plans and make choices that align better with our current situation. Please note that this decision has not been easy for us, as we were genuinely interested in acquiring your property. We have immense respect for the investment you have made in your home and understand the commitment you have devoted to bringing it to the market. Despite withdrawing our offer, we remain grateful for the opportunity to engage in negotiations and express our admiration for your Riverside, California residence. We firmly believe that your property will attract other potential buyers who will appreciate and value its unique features. Furthermore, we genuinely regret any inconvenience or frustration this may cause. We understand the time and effort you have invested throughout the selling process, and we apologize for being unable to proceed with the purchase as intended. We kindly request your understanding and assure you that this decision was not taken lightly. If there are any expenses you may have incurred as a result of our withdrawal, please let us know, and we will gladly reimburse you accordingly. Thank you for your patience, understanding, and cooperation in this matter. I sincerely apologize for any disruptions caused, and I wish you every success in finding the perfect buyer for your exquisite Riverside, California house. Please feel free to reach out if you have any further questions or require additional information. Once again, I extend my deepest apologies for any inconvenience this may have caused. Yours sincerely, [Your Name]