A yoke used for oxen. A yoke used for oxen. The definition of yoke is the bar that is used as a frame to pull or support something heavy.
You can't do a short sale without the lender's approval. If a short sale is possible, ask what documentation you'll need to seek approval. The typical short sale documentation package requires: 1  A hardship letter that explains why you can no longer repay your mortgage.ith a short sale, you accept an offer on your home that's less than what you owe on your mortgage and your lender forgives the remaining debt -- the difference between your mortgage balance and the net proceeds from the sale.
Pre-approval means the lender is confident you can make a necessary down payment and your income is sufficient to cover mortgage payments. At this stage, only one concern remains. The lender needs to make certain the propertyâs value offers sufficient collateral in relation to the loan amount.