If your estimate is that the value drops 5k a month, then hope and pray they take their sweet time in getting back to you, if it takes four months, you will save 20k. One realtor told me that when they list a short and it is low price leader, multiple buyers submit offers. By the time the bank responds, the prices have shifted and they buyers all balk. With shorts they aren’t bound by the offer. Then they modify the listing and advertise an “accepted price” and new buyers try to lowball that price, causing more delays. The banks are hurting themselves by moving slow in a rapidly decreasing market.