My only hope is the $500 billion that is allocated to industries affected by the crisis.  

Retail, hospitality, small multifamily, shopping centers, all of these sectors will be adversely affected to varying degrees.   

We could see a repeat of 2008.

We could see a repeat of 2008.

We could see a repeat of 2008.

Are there any negative impacts in the future when I need to apply mortgage applications with banks or affects my credit scores?

I'm sure most on here know this but there are some that don't realize what these wildly fluctuating swings in the market are actually doing to the value of their stocks.In our hypothetical example we'll use a market f...

Example they have developed a strong carryout and deliver following in addition to eat in when that part opens back up.QSR is already doing most of their business through carryout and drive thru anyways so not affected as much.Some retail operators might close but I might counter they were under capitalized and possibly living on sales week to week and month to month.

I think the short sale is probably the best, but I'm pretty sure it comes with a cost to the seller as it will affect their credit. 

I think forbearance only for those affected would be more reasonable.