Short Sale*Minimize impact on credit score*Avoid potential lawsuit*Eliminating high balance mortgage debt once and for all*Show future creditors responsibility*Buy a house in approximately 2 years*Little or NO money out of pocket*No REALTOR fees*Get a fresh start    
      
                                                                                                                   Short Sale vs. Foreclosure                                     Which is best for your personal situation ?      
Foreclosure*High negative impact on credit score for years*Can't buy house for minimum 3 years*Risking potential law suit from creditor*Show future creditors you may be higher risk*Uncertainty in regards to creditors trying to collect after foreclosure