New Jersey has one of the highest rates of mortgage defaults.  While some are working through the process of a short sale, others are electing to stay in their home until the foreclosure process runs its course.  So, at the end of the day, if someone is in this situation, which is the better option? KCM posted a great article by Christopher Reale, Director of Short Sale Operations at Lepizzera and Laprocina Title and Escrow Services, comparing the options of short sales and fo [...]