How Donating Real Estate to Charity Works

No longer want to continue paying taxes and maintenance fees on your real estate? Consider donating with Giving Center today! While many other charities aren’t equipped to handle real estate donations, Giving Center is! Our experience, combined with our passion and drive to help those less fortunate, separate us from many other charities out there. Giving Center is an IRS approved 501(c)3 non profit that operates across the United States. In fact, when you donate with Giving Center, you pay absolutely nothing for pickup or transport of your charitable donations!

By donating real estate assets, you do not have to worry about selling the property yourself. We take care of everything, so that you are not dealing with low offers, repairs, liability issues, advertising expenses, or the time-consuming process of showing and selling your property. ​

How It Works:

Step 1: Submit Property

You can: donate a home, donate land, donate commercial property, donate industrial property, donate buildings, donate rental property, donate mobile homes and more! We even accept mortgaged property, properties in foreclosure (in certain circumstances) and partial donations of equity. Your donated property will serve as a source of financial support or housing for folks who really need a helping hand. ​ The intake process is quite simple. Just tell us some simple information about the property, and we will take it from there. Let us know your intentions, and what program you would like the property to go to. Let us know the time frame that you would like to complete the transfer and what tax year you would like to cover. We will go to work immediately from there.

Step 2: Property Review

Now it’s time to get to work. First we will determine the best use for the type of property. Some properties are best suited for some programs and not others. Depending on the need, we will determine the best use of the property. We then get in touch with our findings and together we decide on the path forward.

From there, we will order an appraisal on the property, to determine the full appraised value, with a licensed appraiser. That is the only cost to you, but it is totally tax deductible as well. You will receive the full appraised value of your property, as a write-off on your taxes (subject to IRS rules.) Once the completed appraisal is in, it is now time to complete the transfer. We are now on to the final step.

Step 3: Paperwork and Closing

Welcome to the home stretch! Like we said before, we work hard to make the process as streamlined and simple as possible. This allows us to perform transfers as quick as possible. In many cases, if our donors agree, we can be done in as little as 15 days! Everything is done in house, or thru our trusted network. ​ We will set up a closing date and all paperwork is drawn up by an attorney and/or title company. The final paperwork for the deduction of the value of the property is then signed, and delivered to you at closing. If there are any funds that were agreed to be disbursed by the Charity, to any parties, they will be done at closing as well.

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