Making an Offer on a Short Sale

[Ryan D.]

I've never dealt with a short sale before and unfortunately there really isn't any good information on the pre-existing threads here or on the blog. There seems to be a lot of variables and it doesn't seem like every short sale has many consistencies. The question I have is what information can I request from the listing agent representing the bank that is different from what is provided on the listing? I read a blog post here stating I should request a statement of information and the title report that was run by the listing agent prior to making an offer. Any short sale experts here?

Here's what I know thus far:

List price is 100k

Sold in 2008 for 110k

Listing price reflects the lender's appraisal. And I'm responsible for a 3% facilitation fee.