Make-A-Wish Real Estate Donation Program
Together we create life-changing wishes for children with critical illnesses. When a wish comes true, it creates hope, strength and joy in a child and in a community. Research shows a wish can fuel a child’s recovery from a critical illness. A wish uplifts spirits and encourages the belief in the impossible. A wish forever transforms the lives of children, their families and entire communities. A wish unites neighbors, friends and entire communities in transformational experiences. Please give now.
How it Works
Make-A-Wish Los Angeles partners with Charity Auction Network and Zetabid to facilitate and process donations of real estate. We accept all property types, and so long as there is positive equity, we will payoff your mortgage balance, back taxes, real estate commissions and all closing costs. Donating costs you nothing.
If you have a real estate asset that is under utilized or costing you money, donating it is a great way to give back to children in need and generate a significant tax deduction. You can also donate a percentage of your equity to Make-A-Wish. If your property is listed with a real estate agent, we will even pay the real estate commission for you based on the list price.
Step 1- Now
Submit Property for Review
Step 2 (1-3 Days)
Lien and Valuation
Step 3 (15-30 days)
Resale Buyer Found
Step 4 (30 days)
Resale Proceeds to
Why should I donate?
You are benefiting our most vulnerable children when the resale proceeds (all or part) go to Make-A-Wish. Our process is fast, free, and easy. It is a great way for property owners to exit unused and costly real estate (maintenance, taxes, mortgage payments, etc.) with no closing costs. Most property is immediately resold so the proceeds go to Make-A-Wish right away. Contact us about Charitable Gift Annuities whereby income property maybe be exchanged for a lifetime fixed annual payment.
How much is the tax deduction?
The gift amount (deduction) is the full appraised value less any cash received at closing and less any mortgage balance paid off at closing. The deduction is not based on the list price or the resale price when resold by the nonprofit. Typically the deduction can be used in the property donation year and up to five years in the future. Charity deductions are subject to a 30-50% AGI limit.
What kind of property do you accept?
We can accept all property types except timeshares (high value deeded time shares may be ok). The ‘as-is’ market value must be more than the liens (mortgages, back taxes, etc.). Property with environmental issues can be accepted on a case by case basis as long as there is a significant equity value that can be realized by Make-A-Wish.
How long does it take to close?
We can process donations as fast as ten days, but most cases close in thirty days. Higher value estates or commercial property average sixty days.
Are there costs to donate?
We pay for all closing costs, real estate commissions, recording fees, past due taxes and mortgage balances. You pay for nothing but the appraisal.
What if property is not in good condition?
All property is reviewed ‘as-is’ and as long as there is positive equity in the property, we can close a donation transaction. No repairs are ever requested or required.
How do I get started?
Please fill out the form below to tell us about your property. You will be contacted with 24 hours for more information.
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