... we've continued to maintain a positive outlook on the current housing market conditions, with this year's topic specifically focusing on investment and opportunity.
Boca Raton, Florida (Vocus/PRWEB) March 26, 2011
Foreclosure.com today announced that it will once again reward five college students with scholarships who can best provide a solution(s) to its latest essay topic for 2011.
The subject of the Foreclosure.com Scholarship Program 2011 is as follows:
“You've acquired $150,000 in cash to be used specifically for a distressed real estate purchase. Outline a detailed strategy that ensures the maximum return on investment, whether it's in terms of financial profit or personal satisfaction ... or both. We're giving you 11 months to come up with a brilliant blue print — make the most of your time!”
Foreclosure.com, which received thousands of entries from students during its scholarship programs in 2009 and 2010, will accept written essays/plans (800-word minimum, 2,000-word maximum) through its website (http://www.foreclosure.com/scholarship) from Jan. 1, 2011, to Dec. 1, 2011, which is nine months longer than the previous two programs.
Five winners will be selected 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.
“Determining our plan of action in multiple scenarios is the way to be prepared,” said Linda Yates, Foreclosure.com Director of Education. “This year’s topic is a thought-provoking question. It will encourage students to creatively think about how they would approach a real estate investment before being placed ‘in the moment’ with all the real-word emotional tugs that influence such a major decision.”
In addition to the five cash prizes in the form of scholarships, totaling $9,000, these solutions will be featured on Foreclosure.com.
All students must read and agree to the scholarship rules, which are located on the Foreclosure.com contest page at http://www.foreclosure.com/scholarship, before submitting their entries for review.
“It has been rewarding to watch the program grow firsthand and to pose challenging questions for our students to answer as they begin to understand the mechanics of real-world economics,” said Luanne Bryant, Foreclosure.com Partner Relations Manager, who oversees the company's scholarship program. “This is our third year offering the scholarship program. And we've continued to maintain a positive outlook on the current housing market conditions, with this year's topic specifically focusing on investment and opportunity.”
Foreclosure.com has issued $18,000 in scholarship money to 10 college students nationwide since the program was introduced in 2009.
For complete details and submission requirements/instructions for the Foreclosure.com Scholarship Program 2011 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.