Hi, If you are working with a competent Realtor who knows the process, in most cases, you will be way out ahead if you do the short sale. With a short sale, we can in many cases not only sell your home, and save you from the negative dings of foreclosure pn your credit, we can also get you some cash for "keys".... In most cases, we also get the deficiency judgment waived, so you do not owe the bank any money once we are finished. I work with an attorney who helps streamline the process and keeps you out of bankruptcy while we go through the process. I generally prepare all the paperwork and stay on top of the attorney who will be speaking with the bank. As a team, we get it done. Most banks are much better today, than years ago. However, the homeowner gets very little respect from the banks, so work with a professional who knows the system, and will get you through the process.