[quote=UCGal]I understand how losing one’s job might qualify you for a short sale. [/quote]
Losing a job should have nothing to do with a lender’s decision to allow a short sale. A short sale is typically a strictly business decision by the lender. If a short sale will yield more than a foreclosure and subsequent sale, net of all the costs, it’s a good idea, otherwise not. It is never (at least in my experience) based on the condition of the borrower, solely based on the value of the collateral.