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Negotiating a Foreclosure Alternative, possible credit effects

I'm in the middle of negotiating a settlement on my mortgage. I'm either doing a principal balance reduction, short payoff or deed in lieu. I'm current on payments currently & plan to be until I resolve the debt. My credit is currently around 800 with nothing negative & a healthy mix of accounts, etc. How would you approximate the credit drop from this? I can't find anything about it when you haven't had late payments along with it. I'm trying to negotiate out where they don't report it negatively but idk if that will happen.

submitted by /u/ProperPudding6
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source https://www.reddit.com/r/RealEstate/comments/mhk64k/negotiating_a_foreclosure_alternative_possible/
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