1.) Do not move out of the home.
2.) Contact the lender and tell them you want to see if your loan qualifies for HAFA.
3.) If so, you will provide some paperwork and request an approved selling price.
IT's usually not that easy, but this gives you an outline of the process.
Unfortunately doesn't work well that way... if you have a Fannie Mae owned mortgage then you also can ask for assistance from our MLS, there is special "help desk" that will intervene if the lender isn't doing their "servicing" job correctly and dragging out the process to continue collecting "servicing" fees, etc.
All the best,
I think what your trying to ask is "How can you get the Short sale Price Pre-Approved" without a contract.
If this is the case....then yes you can. However only with certain Lenders.
Bank of America, HAFA Short sale and Cooperative Short sales. They request the listing data and the Seller financial in advance. Then they set the list price for you.
Some Realtors/Brokers wait for this price and some do not. I am one of the Brokers that does not. I will always set the list price and work on getting an offer/Contract.
But to get back to your question, yes you can. Another example...Chase once they order the Appraisal or BPO they will have a range of value and tell you your too high or too low. Once you get their range of value set, the Bank will tell you "Go get yourself an offer". Naturally the final offer would be subject to Investor and or MI approval as with any Short sale.
Good Luck Javier!
Asset One Realty, Inc