I suppose the value in the calculator is to see if a deal is remotely close to reaching the hurdles; if it is, then one can dig deeper to provide more resolution on the assumptions.

@Grant Smith:Did you ever get any resolution on this post?

If you put in an inspection objection for these issues the seller may offer to fix them but if not you can always withdraw your objection before the inspection resolution deadline and the seller does not have the option to terminate the deal for this reason. 

@Ian Tudor the original pics were high resolution...had to change the format.... : )

Guess I have my 2017 resolution now :)

Remember this is very rough and more like bubble diagrams and maybe a rendering or two that are low resolution.

The only true way of finding out what will result is to talk and negotiate with all Lenders involved.As for what makes a Short Sale a "better" resolution than a foreclosure, read thru this site.

Write a Resolution, sign/seal it, an put it in your corporate books/binder.

They're working on a resolution.

They will wake up and fix title issues for you, bond around them, or pay you the value of the policy and take title to the property instead of fixing title.There are a lot of "ifs" and "maybes" between here and a resolution that can radically change this answer.