<human>: Background:

My wife and I moved into our home 6 years ago. We bought the house for $94k, $0 money down, 6.875% (and we thought that was great 6 years ago...). We owe $85k-ish. Since then, we've had two kids and started a home-based business, we're out growing our house, literally. We aren't behind on payments, we don't really have any finical hardships.

We've been watching a house for two years now and always said that once it dropped below $100k, we'd look into buying it. Well, it foreclosed and is now in the process of becoming a HUD house. The only other HUD house in the area is priced at $88k, is in pretty great condition, has about 3000 sq.ft., and has been on the market for approximately 1 year. We expect the house we're looking at to come back at around the same price point ($80-90k). It would be awesome to pick up the house for $40k, but we even if we have to pay $80k, we'll still be paying less per month than we are now.

Our current house is in pretty good condition. We're planning on fixing a few very small things (less than $2k in repairs, mostly new carpet). According to my wife's home price estimator at her bank, our house is valued at $98-100k. We know our house won't sell for that and the neighbors have had their similar house on the market at $105k for about 8 months. We expect to be able to sell our house for $75K. That leaves us with about $10k left to pay on the house.

We don't want to do a standard short sale, nor do we qualify. Ideally, we'd want to sell the house and get a payment plan on the rest of the loan.

Can you provide a brief rundown of the text in within 3 sentences?
<bot>: We owe more than our house could sell for and want to move. We don't want to do a standard short sale. What are my options?