Boca Raton, Fla. — Feb. 15, 2011 — Foreclosure.com today announced the winners of its 2010 scholarship program, which rewards five current college students with a total of $9,000 to put toward their higher educations.

More than 1,000 current college students nationwide answered the call during the 2010 Foreclosure.com Scholarship Program, submitting essays of 1,000 words or more that answered the following question:

“How can education at the high school level help avert and/or minimize a future foreclosure crisis?”

Kaitlyn Shumelda, a junior at University at Albany, State University of New York (Albany — SUNY) located in Albany, N.Y., however, was voted to the head of the class by our panel of judges, winning the $5,000 top prize.

“Receiving this scholarship is incredible,” said Kaitlyn. “Not only does it lift a big financial weight off my shoulders, but this amazing experience has taught me something very important.”

Kaitlyn went on to describe how she almost didn’t submit her winning entry, even after she had “put so much into it.”

“I just didn’t think I’d win,” she said. “But I figured I’d at least give it the good ‘ole college try, and I’m now so glad I did! I want to thank everyone at Foreclosure.com for this opportunity – it’s inspired me to do so more because now I know I’m capable of doing so much more. Thank you so much!”

The program, which ran from Sept. 1 to Dec. 31, 2010, also awarded four $1,000 scholarships to the contest semifinalists:

Read the rest of this entry »

Boca Raton, Fla. — Jan. 20, 2011 — Foreclosure.com today announced that it recently added thousands of short sale properties for sale to its industry-leading, nationwide database of more than 2 million distressed real estate listings.

To search for potential short sale homes for sale in your area visit http://www.foreclosure.com/short_sale/ today.

What is a short sale property?

A short sale is a home that is for sale for less than the mortgage balance owed to the lender. It essentially short circuits the foreclosure process, allowing the distressed homeowner to sell a home that he or she can no longer afford at a price that is in-line with current market values.

And while the short sale process is often considered time-consuming, clunky and difficult, Foreclosure.com Vice President James Houston explains that the listings offered through the website are already bank-approved and ready to sell fast.

Read the rest of this entry »

Foreclosure.com today announced that it recently added thousands of foreclosed homes for rent-to-own properties to its industry-leading, nationwide database of more than 2 million distressed real estate listings.

To search for potential foreclosed homes for rent to own in your area visit http://www.foreclosure.com/rent_to_own today.

Foreclosure.com already offers the most comprehensive, accurate and current collection of preforeclosure, short sale, foreclosure, Sheriff sale, foreclosure auction, bank repossessed (bankruptcy), HUD homes and tax lien listings in one convenient location.

Adding foreclosed homes for rent-to-own properties, according to company Vice President James Houston, was a natural progression that reflects a shift in the ever-changing housing market.

Read the rest of this entry »

Boca Raton, Fla. — Jan. 4, 2011 — The Agent University, which is administered through Foreclosure.com, and The CE Shop today announced that the companies have teamed up to offer real estate agents with even easier access to the best online short sale training certification program in the nation.

The Agent University’s Certified Short Sale Agent (CSSA) certification program is now featured on The CE Shop website, which offers real estate professionals online courses that meet their states’ continuing education requirements.

For more information regarding the short sale training and continuing education opportunities available through The Agent University please visit The Agent University or call us at (866) 382-4445.

CSSA training, which has been implemented at more than 300 Realtor® boards nationwide, can earn real estate agents up to six continuing education credits in select states, as well as prepare them to find, negotiate and close short sale transactions in record time.

Read the rest of this entry »

September 8, 2010 — Foreclosure.com today announced that the Florida Real Estate Commission (FREC), which administers and enforces real estate license law in the “Sunshine State,” has approved its Certified Short Sale Agent (CSSA) training program, once again validating the exceptional educational opportunities offered through “The Agent University.”

This latest announcement comes on the heels of the Certified Foreclosure Agent program receiving the same stamp of approval from FREC in Nov. 2009.

“We’re thrilled to receive this latest approval,” said Foreclosure.com Director of Education, Linda Yates. “Understanding short sales, especially in today’s volatile market, is critical for agents everywhere. CSSA training is an invaluable career-building opportunity, providing professionals with the tools and resources to capitalize on this ever-evolving trend.”

The CSSA curriculum comprises four modules that take agents from a basic understanding of short sales all the way to developing a business plan to attack the market from a proactive position.

The four modules, which are dynamically updated to reflect the latest trends in the short sale arena, include:

Read the rest of this entry »