Outside Scholarship Search
Foreclosure.com Scholarship Program
Foreclosure.com has issued $37,000 in scholarship money to 15 college students nationwide since the program was introduced in 2009. Each year, the company challenges future leaders of America to provide creative solutions/ideas to many of the nation's most critical issues, real estate/housing in particular, which can be used to help turnaround the market.
Eligibility: Currently enrolled college students (graduate students, law students and/or high school seniors are NOT eligible) are invited to apply by submitting an essay. Freshman entering Fall 2013 are eligible once they have received student identification numbers.
Five winners will be selected:
-Top prize $5,000
-Second through fifth place will receive $1,000 each
Required to write an essay,minimum 800 words, maximum 2,000
Topic:"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."