Who Can Apply: 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.
Submission: 800-2000 words essay:
“As a college student or recent graduate that may not qualify for a conventional home purchase, how would you leverage the “Rent to Own” (lease option) opportunity to achieve home ownership?”
Please detail the process you would go through, referencing factors such as credit score, down payment, home searches, price range, and the planning and negotiating of the Rent to Own agreement, as well as exercising the final purchase or opting out of the sale.
Deadline: December 15, 2020
Learn More: https://www.foreclosure.com/scholarship/