First, the best thing to do is to find the best way to sell my home as is. Do you really want to give it to a bank to try and recover it? Would you rather try to get a quick sale done for less than you owe? If you do decide to do it yourself, start by going through your property list to determine which ones you are selling.
Once you have your list of homes that you plan to put up for auction, find out how much money you can get for each one. There are many companies that will let you know what you can bid for the homes you plan to sell. Most of them do allow you to make bids in person or by phone, although you might get lucky and get a better price than you would with a live bidding process. If you are unable to bid in person, try calling around to see if anyone can help you out.
The next step is to start looking around for the direct house buyers that will be willing to help you out with your property listings. It can be difficult to know which ones are the best and most trustworthy, so take some time to look at each one and decide if you think they will help you the most. Remember that if you want to save as much money as possible on the process, it would be best to do it yourself so you do not need to pay any commission.
Once you have found a company that you feel comfortable with, do not hesitate to contact them to see if you can work out a deal where you will be able to buy your property for the amount you owe. Some companies will even give you a discount if you pay them off in full first, since you owe them and have a clean credit record. You should try to pay off your debt in full before trying to sell your property.
When selling your property on the internet, make sure you set your bids and prices so that you get the highest price. Try to go with a more competitive price on the listing than what you were asking for the house in person. If you think you might get lucky, you may be able to get more than you originally owed through an online home sale. Here is a post with more detailed information related to this topic, check it out: https://www.encyclopedia.com/economics/news-and-education-magazines/real-estate-sales-agent-and-broker.