Foreclosure Scholarship

Scholarship Value: $4,000
Awards Available: 3

Foreclosure.com has issued $72,000 in scholarship money to 40 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 in particular, which can be used to help foster a robust United States housing market.

Foreclosure.com continues to break new ground by offering a nationwide scholarship program. 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 2022 are eligible once they have received a student ID number. Plagiarism is strictly forbidden. Essays that are not the original work of the entrant will be immediately discarded and eliminated from consideration.

2022 essay topic:

Foreclosures and other financially distressed home listings such as bankruptcy homes and tax lien properties can be great deals. Discuss how to prepare and execute these kinds of real estate opportunities considering the high prices and low inventory being seen in the current housing market.

The real estate market has seen some remarkably high prices recently with many people receiving offers 20% or more over their asking price within days of listing a property for sale. Foreclosures, bankruptcy homes, and tax liens properties can offer other paths to getting a great deal. Explain how you can research and capitalize on these financially distressed opportunities.

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