What would you do???

Ok everyone - here is the first question in what will be a weekly series on -

what would you do? ----

You have excellent credit - 785 scores...

you have been on your job 15 years and make a solid income....

you have money in savings and a very nice 401K built up.....

you purchased your home at the very height of the market------- you owe 400K and you home is now worth 275K...

you have made assumptions and believe it will be 8 - 10 years before you break even on the value of your home......

what do you do?

1) - continue to pay the mortgage?

2) - request a short sale?

3) - tell the bank the keys are in the door and like they say in old Mexico city AMF

I am not looking for the ethical answer nor am i looking for a expose on what is right or wrong...... just a simple decision on what would be best for you and your family....

so What would you do?