REAL ESTATE DONATIONS
KCLU
Real Estate Program
Donating real estate to KCLU is a great way to support our mission of providing comprehensive local and national public radio programming. KCLU seeks to inform, educate and promote dialogue among the citizens of Ventura, Santa Barbara, and San Luis Obispo counties on local, regional, national and global issues. As an educational broadcaster, KCLU serves the needs of our community, unencumbered by commercial concerns. In addition, KCLU is bolstered by the resources and high standards of California Lutheran University, a major regional educational institution.
About Real Estate Donations
KCLU has partnered with CARS (Charitable Adult Rides & Services), our longtime partner on our successful vehicle donation program, to process real estate donations to benefit KCLU. Our program takes any property type (land, homes, commercial) in any location as long as there is equity. Even if you owe back taxes, have a mortgage balance, or have deferred maintenance, it's no problem. We will pay off all loans, liens, and commissions owed and we 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
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
