REAL ESTATE DONATIONS
Catholic Charities of the Archdiocese of Newark
Real Estate Program
Donating real estate to the Catholic Charities of the Archdiocese of Newark is a great way to help our mission to improve the quality of people's lives and enhance their self-worth and dignity by providing superior social service, behavioral health, and education programs, and by advocating for justice in all human relationships.
About Real Estate Donations
Catholic Charities of the Archdiocese of Newark partners with CARS (Charitable Adult Rides & Services) to process real estate donations to benefit Catholic Charities of the Archdiocese of Newark. Our program takes any property type (land, homes, commercial) in any location so long as there is equity. Even if you owe back taxes, have a mortgage balance, or deferred maintenance, it's no problem. We will pay off all loans, liens, commissions owed and pay all closing costs. If you have a real estate asset that is costing you money or not being utilized, donating it is a great way to give back and you may even claim a significant tax deduction!
How it Works
Start
Day 1
SUBMIT
Understand your Scenario
Property Information Submitted
Day 3
EVALUATE
Review the Valuation, Liens, Condition, Closing Costs
Donation Purchase Contract Finalized
Day 14
SALE
Identify the Best Sale Method and Go To Auction
Nonprofit-Buyer Purchase Contract
Day 30
CLOSING
IRS Forms Sent, Appraisal, Proceeds to Nonprofit
Deed Recorded
