Other Charities We Support
Ask any (your favorite) charity and they’ll tell you the biggest problem they have is maintaining their income stream. Some people are able to donate actual cash, but most are not able to donate more than a small amount of actual cash. Instead of cash, many donors have things they don’t use or want and are willing to give to the charity. Unfortunately, the “cash conversion process” is difficult, long term, and not easily handled without advanced skills and outlets to sell the items. (Think: only Salvation Army can use their stores). Add to that IRS regulations that hamper the donation process and put donors at risk, and most charities simply fall back on trying to strengthen their cash donation base.
Much of our work is for other charities. Many good charities either don’t have the time, ability, or desire to work with real estate donations. That limits their income stream significantly. Instead they refer the donor to us with a specific identification code they create. When we finish the process the escrow agent is instructed to send a significant fund amount (about half of the escrowed funds) to them before we ever see any money.
If you are involved with a specific charity, talk to them about us. We would love to help them increase their cash flow without doing any work. All it takes is knowing we are available when someone comes to them with an unwanted, worthless or problematic mortgage, real estate or timeshare and referring them to us with their established code. We take care of the rest. No Risk = Great Return.