Hello everyone and thank you for your help.
I've thought of all your suggestions and concluded that the way my story unfolds makes it hard for me to use the typical : What your MC wants->What's the obstacle->What he needs to do to overcome it.
Also,I saw some agents suggest that your query must come out of the first 50/80/ or so pages. For some reason many don't like it when the query steps deep into the story.
Now this next draft is still a bit crude, but I followed this tip and wrote it based on the first 80 or so pages.
Draft #4 (I think)
Fifteen-year-old Will has no idea how it feels to have been blessed by the gods with a magic fire inside, to be capable of amazing feats. Rescued at birth and brought to the Guild of Eliria for protection, however, it has always been his dream to receive training and become part of an adventuring group, a new family.
Will’s dream becomes reality as new students flood the gates to begin their one year training. Determined to prove himself as an equal, Will works diligently at honing his sword-skills while overcoming his self-doubts.
But when a message arrives at the guild, Will’s past reemerges. A scholar claims to have found clues that relate Will’s late mother to forbidden magic and a king long-thought dead. But his search also sparks unwanted interest. Two cutthroats are sent after his findings and they're not afraid of murder to reach their goal. After failing to acquire them, however, their eyes quickly fall upon the guild and Will.
Let me know if you want me to look your new draft! I was kind of absent the past few days.