“With college tuition costs rising, this scholarship has been a blessing to those who have submitted winning essays. Each year, we look forward to reviewing the impressive submissions that pour in from throughout the nation. And 2013 is no different.”
Boca Raton, Florida (PRWEB) January 04, 2013
Calling all future and/or aspiring real estate investors.
Foreclosure.com today announced that its successful scholarship program will return for a fifth consecutive year in 2013, rewarding five more college students across the United States with a share of $9,000 to put toward their higher educations.
Scholarships will be awarded to eligible college students who can best provide a solution(s) to its latest essay topic for 2013. The subject of the 2013 Foreclosure.com Scholarship Program is as follows:
"You've been tasked with analyzing two foreclosure properties to determine which one is a better investment. Many factors come into play, including cost, location, renovations (if necessary/desired) and local market conditions, among others. The goal is to maximize profit, whether it is a buy, hold or flip strategy over the short- and/or long-term. Please select a property (sample properties provided on website), provide reasons that support the decision, detail your investment strategy, describe all that you would do (improvements, rehab, etc.) and how it would impact your potential bottom line."
Foreclosure.com, which received thousands of entries from students throughout the nation in 2012, will accept written essays/investment plans (800-word minimum, 2,000-word maximum) through its website (http://www.foreclosure.com/scholarship) from Jan. 4, 2013, to Dec. 15, 2013.
Five winners will be selected by a third-party panel of judges at the conclusion of the contest and will share $9,000 in allotted scholarship funds. The top prize is a $5,000 scholarship and four $1,000 grants will be awarded to the runners up.
“With college tuition costs rising, this scholarship has been a blessing to those who have done their homework and written their essays,” said Foreclosure.com Director of Education, Linda Yates. “Each year, we look forward to reviewing the impressive submissions that pour in from throughout the nation. And 2013, with a topic that challenges students’ analytic and creative writing abilities, is no different.”
In addition to the five cash prizes in the form of scholarships, totaling $9,000, these investment plans will be featured on Foreclosure.com for the entire year. All students must read and agree to the scholarship rules, which are located on the Foreclosure.com contest page (http://www.foreclosure.com/scholarship), before submitting their entries for review.
Foreclosure.com introduced its scholarship program in 2009. Since that time, the company will (or has) award(ed) 20 deserving college students throughout the United States with a total of $36,000 in scholarship money to date.
For complete details and submission requirements/instructions for the 2013 Foreclosure.com Scholarship Program visit http://www.foreclosure.com/scholarship.
With more than 2 million preforeclosure, short sale, foreclosure, Sheriff sale, foreclosure auction, bank repossessed (bankruptcy), HUD homes, foreclosed homes for rent to own and tax lien listings in one place, Foreclosure.com delivers America’s largest and most accurate searchable database of distressed real estate and investment property information. Based in Boca Raton, Fla., Foreclosure.com works directly with hundreds of top lending institutions and government agencies to list diverse property types on its website, as well as features listings from an extensive network of corporate sellers. As a result, the company has been recognized by high profile media outlets and prestigious non-profit industry groups alike as the number one rated distressed property listing resource available anywhere. Foreclosure.com offers much more than just real estate listings, connecting sellers, buyers and agents in one convenient location as a one-stop real estate marketplace.