Car Donation Wizard is a digital fundraising tool powered by the team at Advanced Remarketing Services (ARS), a technology company focused on the remarketing and auto recycling sector. The ARS team uses decades of experience and expertise processing vehicles, non-profit fundraising knowledge and expert digital marketing support to help our charity partners raise the most money possible. We believe in doing well by doing good and are proud to be the absolute best in class in the car donation industry consistently returning more than 80% of the gross dollar raised to our partners. We have helped to raise an astonishing $350,000,000 for a variety of important causes and are committed to continuing to serve our local, national and international communities through car donation program support.
In addition to helping charities run successful car donation programs, we are able to facilitate the donation of property as well through our trusted real estate partners.
We are able to accept all types of properties including land, houses, estates, commercial real estate and more. Similar to a vehicle donation, a donor will submit property information, our team will evaluate it, sell it, and then provide needed closing documentation.
Real Estate Donation FAQs
What types of real estate are accepted?
We consider any property with positive equity, a clear title, and no environmental issues. Common donations include land, estates, second homes, rental properties, and commercial real estate. Please note that timeshares are not accepted.
We will work with the donor and organization to assess the property to determine the highest and best use for charitable purposes.
Is donating real estate a simple process?
Yes! We streamline the donation process. Properties are quickly evaluated and converted to cash for your favorite nonprofit through our national real estate auction platform and title company partnership.
What is needed to donate property?
We require written consent from all property owners, outlining donation terms in a letter of intent. A title report showing ownership information is also necessary.
Can I donate property with a mortgage?
Yes. We will determine if the property’s likely value exceeds the mortgage balance before auctioning it. Auction proceeds will pay off any mortgage. Note: Properties without sufficient equity will not be accepted.
How is the tax deduction calculated?
Tax deductions are based on the full appraised value, not the sale price. Donors may generally deduct the difference between cash received and the fair market value, based on an IRS-compliant appraisal. Deductions cannot include proceeds used to pay mortgages or back real estate taxes. The deduction can be carried forward for up to five years. (Consult your tax advisor as individual situations vary.)
How long does the donation process take?
Most donations are completed within 60 days. Our goal is to maximize the property’s value.
Who covers commissions and closing costs?
Donors pay no commissions. If the property is listed with a broker, we will pay the commission based on the list or tax assessor value. All unpaid liens are paid at closing. Donors typically have no out-of-pocket expenses or closing costs. Prepaid property taxes and assessments are returned to the donor at closing.