Are you upside down?
You may be running out of time to qualify for a Short Sale.
The mortgage Debt Relief Act is due to expire in December of this year.
It's not too late to become debt FREE on the mortgage balance and exempted of TAX difference that is owed for your property.
You will qualify for BENEFITS, EXEMPTIONS, and possibly incentive, "money", depending on who your lender is, you could qualify to receive up to $30,000 to $45000 that the Bank will offer you.