Does this make sense for you?
Your appraiser will determine the fair market value for your property, which will help you determine whether a donation is the best solution for your property. This will also calculate the tax deduction you’ll eventually receive for your property at closing.
Good to know: Unlike a traditional sale, your appraisal won’t affect the recipient — Promised Land. Your appraisal is entirely for your benefit!
Your property, your terms.
The appraisal determined that a donation will work in your favor; it’s time to make a deal. The Donation Agreement acts as a contract, listing the terms of your donation to Promised Land.
Thorough, efficient, and fast.
Now, it’s our turn: we’ll scope out the property with environmental studies, housing inspections, and whatever else is needed to ensure that we can take this on.
Good to know: Since we don’t need to appraise the property ourselves, we can keep the due diligence window small. Our process takes weeks when a standard sale might take years.
It’s off your hands and delivered into ours.
It’s Closing Day. We’ll pay the broker, attorneys, and all professionals involved directly, so you make absolutely zero payments from this time forward.
You’ll receive a tax receipt, rid yourself of holding costs, and get the benefit of knowing that every penny we make goes toward faith-based programs across the country.