I can't believe I am even in this position

With the last four months being, well, worse than we can ever remember in our lives we are seriously reviewing our options as it comes to our house that we retained in Las Vegas.

Where do I really begin?

We have tenants in our home, kind tenants that we absolutely love. We know they are taking good care of our home. We feel responsible for their family as well as ours, knowing that they have been through the wringer when it comes to housing. First they had a bankruptcy due to their self employment situation. Then the home they were renting went into foreclosure and the owner didn't even have the decency to tell them what was going on. They found out by accident. Without a doubt they probably check the recorders website every single week wondering if we are going to do the same thing to them.

But the last four months? Not so good. We are going $5000 a month into the negative just covering our expenses. You have to imagine, that can't last forever. So each month we think, "Next month will be better." Each month, not better, and no end in sight.

I was speaking with a coworker the other day whose mortgage is held by the same company as mine and she told me that she recently did a short sale. The line of reasoning was that her employer moved more than 50 miles from her home and it was a hardship to her. I am wondering, does that count six months after the fact?

I mean, they closed our office December 31st. We have sustained as long as we can, but I just can't see us tapping any further to make ends meet, especially considering we have no idea how much longer this is going to take. The thing is, I just can't bring myself to really do this. I just don't know how I am going to give up like this.

I made the call to the lender. They told me they would fax me the short sale package within 30 minutes. It never came. If this is any indication as to how this would go, I think maybe I should just put it out of my mind right now.