REAL ESTATE DONATIONS
YMCA of Greensboro
Real Estate Donation Program
Everyone knows the Y as a place to camp, swim, or exercise, but we’re so much more. We’re working side-by-side with our neighbors to address critical community needs that help kids develop into smart, resilient adults, for people to improve their health and build a sense of community, and for our most vulnerable young people to get the care and support they need.
The mission of the YMCA of Greensboro is to put Judeo-Christian principles into practice through programs that build a healthy spirit, mind, and body for all.
About Real Estate Donations
YMCA of Greensboro partner with CARS (Charitable Adult Rides & Services) to process donations in the form of real estate assets. Properties in any location, condition, and format are eligible for donation to YMCA of Greensboro. Back taxes, mortgage balances, and deferred maintenance do not prohibit your ability to donate. Our program covers all loans, liens, commissions, and closing costs so long as there is equity in the property.
If you have land, residential, or commercial real estate asset that is unused or costing you money, consider giving back to the Y you love by donating it. As a result, you may also be eligible for a significant tax deduction!
How it Works
Start
Step 1
SUBMIT
Understand Your Scenario
Property Information Submitted
Step 2
EVALUATE
Review the Valuation, Liens, Condition, Closing Costs
Donation Purchase Contract Finalized
Step 3
SALE
Identify the Best Sale Method and Go to Auction
Nonprofit-Buyer Purchase Contract
Step 4
CLOSING
IRS Forms Sent, Appraisal, Proceeds to Nonprofit
Deed Recorded
