What a mess! I don't think the bank can make you buy the house. If you still want it you could be sure the bank knows that or just wait it out and after the bank foreclosures on it, (a month or so from now) they will put it up for sale again and you may be able to pay less for it. Did you give an earnest money deposit? Your agent should be able to get that back for you. You really need to talk to your agent who should be able to tell you exactly what's going on. If not satisfied, find another Realtor to work with! When buying a home, esp a bank owned one, you've got to have someone working just for you for your protection.