I live in Los Angeles, CA. I owe 570k on a home currently valued at 450k. My loan is with Wells Fargo?

I spoke with a negotiator that is fedexing me a package with different options such as short sale, loan modification, temporary payment plans, etc. He reviewed my situation and told me it was in my best interest to do a short sale that they will approve with me and that it will not hurt my credit so long as I continue to pay my mortgage each month and they will say it was an agreed amount paid in full on my credit report. Is this true? Should I go ahead and hire a realtor now or do more research? HELP!!!

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