Can I still negotiate

[Komal Patel]

Hi BPs I am working on my first REO property deal. Actually I submitted offer Which was pre auction offer. bank accepted it. And finally I signed my first contract today. On contract bank wrote closing date as 4/4/16 but listing agent told me that they won't be able to do in this time period as bank is working with city to resolve all violations and that can take at least 6 weeks. So bottom line is they won't be able to do closing on set time. I could not much do negotiations when I sent my offer since it was my first deal. I overlooked certain expenses such as 5% charges of auction, also under estimated certain expenses. So it tightens my hands now & bit scare if I made right deal or not ! My question is can I still negotiate the deal with bank in this scenario ?? Since I know bank won't be able to do closing on set time period due to all city issues. Please advice Komal