GMAC/slightly upside down, need to move

[Joel Fraser]

I am fortunate not to be as upside down as many people I read about, but I am in a bit of a pickle. Hopefully someone here can help me with a plan of action.We have a fixed 80/20 with GMAC. Mortgage 1 (GMAC): $173,000Mortgage 2 (GMAC): $ 43,000Total Debt: $216,000I'm not sure what the fair market value of our property is, but I suspect it is close to, or slightly below, what we owe. Zillow says $222,000, but I've seen similar properties go for 200-210. Moreover, our house is a 2Bd/1Ba, which leads me to believe we'll have a tougher time selling it.Bottom line, after realtor's fees and closing expenses, we will likely be upside down on our house. It could be anywhere from a couple thousand (which I could deal with) to 35,000 or more (which I could not deal with). Other than student loans we have no other debt. Unfortunately, we have very little emergency money (perhaps $2,000?). I am very close to landing a much better job in a different city. The new job will pay substantially more than I earn now. But I'm afraid I will have a tough time selling our house if I have to bring $10,000-$35,000 to the table. Then again, the deficit seems small enough that I should not even consider walking.Can someone help me out? Here are the options I've initially come up with:1. Pay $$ at closing (affordable only if I get a good sales price)2. Take out "interest free" loans via introductory credit card rates and hope to pay off the debt when the introductory period expires (usually 12 months).3. Attempt to get an unsecured loan from a bank or credit union at reasonable rates.4. Attempt to negotiate with GMAC to release the liens and have me sign an unsecured note for the difference, with a 2-4 year payoff period.5. Short sale/Deed in lieu. I understand these are unlikely given my income, and I'm not even sure I want to take the hit if it was possible.6. Foreclosure. I really don't want to take the hit if at all possible.What does anyone here think? Am I deluding myself thinking that GMAC or another bank will give me an unsecured "bridge" loan? What if I am earning six figures and my wife (once she finds work in New City) will earn 50k?