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.

We’re moving on up, to the north side, to a deluxe complex on the other side of town!

Foreclosure.com has outgrown its current office space, requiring us to pack up our things and relocate to a brand-new three-story building located in the Arvida Park of Commerce in Boca Raton, Florida.

This new state-of-the-art facility — The Siena at Broken Sound — has been under construction for the last three years. We actually purchased that land and built it with the help of our real estate development company, Riverstone Finance and Development Corp., to accommodate our growing staff and advances in technology.

So we’ve been anticipating this change of scenery for literally years. And we’re excited to be moving into our new class “A” office space this Labor Day weekend.

We just wanted to share the good news, as well provide you with details of our fancy new digs:

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• Learned a lot last night from Elaine Zimmerman about foreclosure clean out. Check http://bit.ly/mYUhA for the archive next week. LY #
• Starting to see scholarship applicants. Looking forward to the essays on how to end the foreclosure process! LY #
• Deal of the Day, Long Island edition: 4 bed/2.5 br home. Potential equity = $1,036,560 (249% under value!) Whoa! http://bit.ly/mkskv TM #
• Investor training: $50,000+ a month with foreclosure clean-out Webinar starts soon! Last-minute registration rush: http://bit.ly/3wgImy TM #
• Trust agent advice on inspections http://bit.ly/f0f3O SC #
• Looking forward to the Industry Day with Cathy McDaniels, if you are in the Atlanta, GA Metro you should sign up: call 888-243-2984 LY #
• Foreclosure.com Scholarship Program gets some love over at Michigan State University. Let’s hear it Spartans! http://bit.ly/qPqo8 TM #
• So excited to be speaking at the Industry Day in Georgia! LY #
• Great response for Foreclosure Clean-Out (8/27/09 @ 7pm ET) People attending from all over the world. Check it out: http://bit.ly/3wgImy LY #
• How to solve the foreclosure crisis? Tell us in 2,500 words or less. Win cash for college! Student-only scholarship. http://bit.ly/1ZzmL TM #
• Deal of the Day, Phoenix-area edition: 4 bed/3 br, 3,035 sq. ft. home. Potential equity = $258,430 (98% under value!) http://bit.ly/upAbw TM #
• Video: Traits that successful people have in common… http://bit.ly/4yPpLv SC #
• Foreclosure.com Certified Foreclosure Agent, Cathy McDaniel, spearheads successful Annual Industry Day for Georgia: http://bit.ly/1BaeVy TM #
• Deal of the Day, Sacramento edition: 5 bed/4 br, 3,540 sq. ft. home. Potential equity = $335,450 (91% under value!). http://bit.ly/rw8hP TM #
• Deal of the Day, Sacramento edition: 5 bed/4 br, 3,540 sq. ft. home. Potential equity = $335,450 (91% under value!). http://bit.ly/rw8hPTM #
• Virus Protection For The Mind http://bit.ly/1EhmWb SC #
• Real estate: Vacation home market heats up http://bit.ly/xEg1L SC #

Several of Century 21’s top real estate agents from throughout the nation recently descended on the Westin Diplomat in Fort Lauderdale, Fla., to participate in a training retreat.

Century 21 — the world’s largest residential real estate sales organization — recently selected Foreclosure.com Agent University to put a select group of industry professionals through its Certified Foreclosure Agent training program.

This is a career-building certification course designed specifically for individuals who are interested in foreclosures and expanding their business to include sales of Real Estate Owed (REO) properties, short sales and other distressed real estate.

All of the Century 21 agents who participated in the comprehensive learning experience were required to complete and pass an exam for each of the three topics presented receive their Certified Foreclosure Agent “Specialist” designation. For more background on the “Specialist” designation click here.

We had such a great group — many of agents flew in a day early and left a day late because of opportunity to travel to South Florida and, in the process, take home skills that will grow their businesses.

To learn more about the Certified Foreclosure Agent program click here. Broker owners and managers should contact us direct (866.382.4445) for more details on bulk pricing savings.

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!