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Has anyone heard of a company giving seminars in the Bay Area to teach you how to contact homeowners behind on their mortgage to see if they want to sell? They basically "sell" you a list of homeowners behind on their mortgage and instruct you on buying these properties as investments.
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Complete scam. The best best way to get the information is from the tax collector and then if you like a house you could offer the homeowner a price to see if they want to do a short sale. A short sale is basically a sale to rid the homeowner of the debt but allows the buyer to get a deal.
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