W hile employing this strategy, it's important to answer the property information section according to your actual preferences. Your selections will influence the direction your servicer will focus on.
At the same time, a mortgage servicer does not require permission for a homeowner to list their property. This means you can state your preference here while still executing the strategy that keeps every option open.
If you receive an offer BELOW the payoff on your loan, THEN you would require lender permission to accept the offer under the terms of a "short-sale."
This video goes over the details.

Intent Signals Direction

Timeline Awareness

Option Protection