Just as a background, I buy pre-forclosures (short sales) in Lehigh Acres. I agree with the other answers in that you should seek a good listing agent to work with. Based on their CMA (Competitive Market Analysis) report back to you, you'll understand your options better.
If your house can be listed on the MLS as the nicest, yet lowest priced house in the immediate area, you will sell before your neighbors. But, if there are many foreclosed properties nearby, chances are your sale price will not cover your mortgage balance. And immediately, we all start thinking about a short sale.
A short sale may not be an option for you without a documentable involuntary decrease in income and/or an unavoidable increase in expenses. Having a third-party, acceptable to the lender, verify this is extremely valuable. Fortunately, HUD-approved housing counselors can do just that at little to no cost for you. And you don't have to be behind on payments to receive their service. Call 1-888-995-HOPE or counsel online. (in English or Espanol)
Even if you qualify for a hardship with the lender, the lender must approve the short sale buyer's offer price before the sale can close. For best results, find a realtor who works with an investor that buys short sales in your area. Once the lender approves your hardship documentation and receives the buyer's offer, they will order a "BPO" appraisal and begin negotiating to minimize their losses. Again, for best results, work with a realtor who uses a trained, full-time professional negotiator for dealing with the lender.
Don't be discouraged. You are on the right track by seeking legal alternatives to foreclosure. Just be aware that a short sale is not the blanket answer for everyone. Good luck.
Best regards, Tom