The bank looks at two main factors for a short sale: (1) purchase price/net payoff and (2) financial hardship of the seller. The bank will conduct a BPO (broker price opinion) to determine the market value of the property. They also have a percentage off of market value that they will accept as a loss on the short sale. The bank will also consider the seller's financial situation and if they find the seller has a legitimate financial hardship, will allow this condition to be met