Short sale on a WaMu financed condo

[Oliver Petit]

This is a great site, just discovered. I
am going through an arduous process with WAMU myself.
My case:
I have a Condo (primary residence)
1st and 2nd mortgage with WAMU
total owed: $680K
I knew I would get into trouble because my business went flat a 5 months ago and my cash reserves are being extinguished.
I downloaded the information from WAMU site and submitted a complete package with an offer from a neighbor that is interested in buying the property if price is OK.
I submitted ALL documentation to WAMU with the offer, proof of funds (50% downpayment) and prequalification for buyer through Wells Fargo.
Offer $375,000 - prices for 2003 as per tax records.
Nothing has been sold recently (18 months frozen market).
WAMU sent an appraiser on Sept 02 and by Sept 04 the appraiser confirmed that the report had been submitted to WAMU through the third party company that manages Appraisals requests (REM).
I have the name, extension number and e-mail of my negotiator but it has been IMPOSSIBLE to talk with her or to get anything from her.
Her last (only) e-mail on the 23rd said that she didn't have the apparisal report (I tried to get to her to try to resolve it, but nothing back).
Now she is in vacations until the 14th.
I had been on time for my payments until August.
I haven't made my payments for September - cash reserve extinguished.
When will this default start affecting my credit score?
What can I do to get WAMU to make a decision .. they have everything.
What would be worst for my credit: the short sale or the foreclosure ... if we get there.
Any suggestions?
Thanks,
OLIVER