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.
1 You donât have any contingencies. 2  If you have a home to sell before you can close on the purchase of the short-sale propertyâor you need to be in your new home by a certain timeâa short sale may not be for you. 3  Lenders like no-contingency offers and flexible closing terms.efore you make an offer, it pays to know a little about the seller's situation. If a home is being sold for below what the current seller owes on the propertyâand the seller does not have other funds to make up the difference at closingâthe sale is considered a short sale.