Not this "BH" from PA who took the Autotrain either...!
Don't forget additional downsides of short sales: The lender might not completely forgive the balance owed which might put other assets in jeopardy, any other lien holders like a property taxing authority still have to be satisfied, and if the short sale is indeed accepted as settlement in part or full by the lenders the price differential may be taxable income for the original mortgagee...
Tax Consequences of Foreclosure, Short Sale and Deed in Lieu of Foreclosure A Short Sale To Avoid Foreclosure May Have Pitfalls