How do I donate property?
We have streamlined the real estate donation process to make it as simple for our donors as possible. After providing your information, you will be contacted by a member of our team to get a better understanding of your property.
Kars4Kids will do a property review, including a title, tax and lien search and a review for environmental issues.
Upon acceptance, Kars4Kids will handle all the paperwork and technical aspects of the donation, such as deed transfer and closing. The receipt and IRS form for your deduction will be sent out shortly after closing.
What are the benefits of real estate donation?
Property owners have benefited from unique tax savings when donating to Kars4Kids. The immediate freedom from having to pay costly maintenance and holdings fees, as well as broker and selling costs makes donating a valuable alternative to selling.
Upon donation, you will receive a tax deduction based on the FULL appraised value of your property. Kars4kids will also handle all transfer and closing costs.
How does Kars4Kids determine the approval of a real estate donation?
At Kars4Kids, our team of specialists review every offer of real estate which we receive, to ensure that the charity can benefit from the donation. We analyze a variety of different factors to maximize the potential of every property donation.
How long does the process to donate take?
If all papers are in order, and the title is clear of any issues, the process typically takes between 3-6 weeks. For time sensitive situations, Kars4kids can expedite the process.