When you get to the point where you are facing foreclosure, it can be a stressful time for you and your family. The thought of losing your home can be overwhelming. On top of everything else, having a foreclosure on your credit may make it hard to own a home in the future, and can even make it difficult to rent a place to live. However, there are alternatives available to avoid foreclosure that might appeal to you. One option is a short sale. But, the question is, is it a good option?