Boca Raton, Fla. — Sept. 1, 2009 — Foreclosure.com today announced that it will reward five current and/or college-bound students with scholarships who can best provide a solution(s) to one of the most troubling issues facing our nation today:

“How to solve the foreclosure crisis?”

Foreclosure.com will accept written essays/plans (1,000-word minimum, 2,500-word maximum) through its Web site and via mail from Sept. 1, 2009, to Dec. 31, 2009. Five winners will be selected at the conclusion of the contest. The top prize is a $5,000 scholarship and four $1,000 grants will be awarded to the runners up.

All students must read and agree to the scholarship rules, which are located on the Foreclosure.com contest page at www.foreclosure.com/scholarship.

“We’re in the midst of one of the most challenging and volatile real estate periods to ever hit the United States,” said Foreclosure.com Director of Education, Linda Yates. “It’s an alarming issue — families throughout the nation are losing their homes. And policy makers at the highest levels of the United States government have yet to find an effective solution that can solve the problem. It’s time to give a voice to the most talented and innovative students in the nation. We want to hear what they have to say.”

In addition to the cash prizes (5) in the form of scholarships, the best five plans will be sent to Congress and to President Barack Obama himself. Winning submissions will also be published on Foreclosure.com.

For complete details and submission requirements/instructions for the Foreclosure.com Scholarship Program visit www.foreclosure.com/scholarship.

It’s a good question. One that is seemingly still baffling policy makers even at the highest levels of the United States government.

But it’s not for lack of effort.

Proposals have been floated, ideas have been shared and new laws have been passed to try and stem the foreclosure tide. We’ve seen everything from bank bailouts to loan modifications to grassroots prevention programs, but still the defaults continue. And it’s possible that it could get worse before it gets better.

So what else can/should be done to solve the foreclosure crisis?

We’re asking college students (and incoming freshmen) to answer that critical question in our recently-introduced Foreclosure.com Scholarship Program. It’s an essay contest (minimum 1,000 words, maximum 2,500) that rewards innovative and practical individuals with the most creative ideas in the form of scholarship money. The submission deadline is Dec. 31, 2009.

In addition to the cash prizes (5) in the form of scholarships, the best five plans will be sent to Congress and to President Barack Obama himself. Winning submissions will also be published on Foreclosure.com.

For complete details and submission requirements/instructions for the Foreclosure.com Scholarship Program click here. We look forward to reading what you have to say!

Foreclosure.com Founder, President and CEO, Brad Geisen, earlier this week made the media rounds, meeting with reporters and other influential opinion shapers in New York City about the current nationwide foreclosure situation and what needs to be done to ensure it gets better sooner rather than later.

Wall Street Journal, Associated Press, Reuters, CNN and TheStreet.com were all on Tuesday’s jam-packed docket. And more opportunities for Brad to share his expert commentary with media members are in the works — he’s in high demand now more than ever.

Here’s a quick review of the stories that hit this week:

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Stay up to speed with the latest “goings on” at Foreclosure.com and the distressed real estate marketplace by following us on Twitter.com — a free service that let’s you “share and discover what’s happening right now, anywhere in the world.”

To follow Foreclosure.com on Twitter.com click here.

We’ve got several cool things in store for our current and future followers, including special promotions, breaking/cool foreclosure-related news, awesome real estate training opportunities, links to the best foreclosure deals on our Web site, contests and so much more.

Our frequent Twitter.com updates will be a group effort, featuring our Director of Business Development, Stephen Chip; Customer Support Manger, Andrew Miller;  Senior Writer/Blogger, Tom Myers (that’s me); General Manager of Agent Services, Anthony Segrich; Director of Partner Relations, Zack Preble; and Director of Education, Linda Yates, all chipping in.

It’s going to be fun a fun ride well worth following … we promise.

BOCA RATON, Fla., Aug. 6 — Foreclosure.com today announced a partnership with SmartZip, Inc. to provide homebuyers and investors with independent investment analysis for nearly two million distressed real estate listings nationwide.

Under the agreement, SmartZip.com users can rate and analyze foreclosure properties for their investment potential, and then seamlessly go to co-branded pages on Foreclosure.com to view detailed property information.

Likewise, while searching the nation’s most comprehensive database of distressed properties on Foreclosure.com, buyers/investors will be able to instantly see the SmartZip Score(TM) investment rating on every property, then link directly to SmartZip.com for more details on the rating and to analyze the property for its cash flow and return on investment potential.

“Potential homebuyers and real estate investors can now use Foreclosure.com and SmartZip.com to search, analyze and purchase homes that are not just great deals but also sound investments,” said Foreclosure.com Founder, President and CEO, Brad Geisen. “We share a common audience and jointly, we now provide invaluable resources that smart homebuyers can use daily to make better informed real estate purchase decisions. It’s a natural fit for both companies.”

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