Should You Short Sale or Let Them Foreclose?

Today I read a very good post by my friends at Keeping Current Matters - the post gives 2 examples of someone facing Foreclosure.   In almost all instances in which a potential seller is contemplating whether they should short sell their house or let it go through the foreclosure process, a short sale is the better option.
For someone facing Foreclosure it can sometimes be very hard to think about the future and how foreclosure will impact their ability to perhaps buy another home in the future. At this point it may be difficult to "see the forest through the trees" (so to speak).   You might be thinking "why should I put any effort to sell the house, if I'm not going to net anything out of it?"  "Let them take it"  "*?!# them" -  It's hard not to argue with that mindset when you are in that situation... That is why I thought the examples given in this post were very good - You can see  that  choosing Short Sale instead of letting the bank foreclose will in the end be to your advantage.
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