Question is, "do you want the house or not" or are you just annoyed that the bank that owns the property do not allow you to micro manage their response time? If you still want the house then continue forward. If you have had change of heart then stand your ground on the contract date for seller approval and request you deposit be returned. Keep in mind that whenever submitting a contract of sale to a bank owned property the perple at the bank that make the decision have little motivation to act quickly, When 5 O'clock rolls around, "Bang" their out of there. Sat&Sun, "Out of there" Often they drag their fee with a response because they are hoping that the market will produce another buyer while they are looking at your proposal. I always advise all buyer clients when trying to buy a bank owned property to be patient and not get upset if bank response time is not on a timely basis. Otherwise, don't buy a bank property, deal direct with a regular property owner and you will get quick response.