
1 minute read
IN WILLS
You can plan to make a gift of cash, stocks, or real property to Homes
First and establish a Legacy Gift of property to your community. It is a great way to preserve your values, inspire others around you to give, and forever leave your mark on a community that has been a big part of your life. When you make a donation of real estate to Homes First, you won’t have capital gains exposure because you’re gifting—not selling— the property; this means your charitable gift, and your tax deduction as well, will be maximum.
Advertisement
Find out more at: homesfirstlegacy.org
HERE’S HOW DONATING A HOMES TO HOMES FIRST WORKS IN 3 EASY STEPS:
1) TELL US ABOUT YOUR PROPERTY
We will work with you to gather all the details and documents we’ll need to start the donation process. Call us to get started.
2) WE WILL DO A STANDARD PROPERTY REVIEW
Upon the receipt of all documents and information, we will work with Helping Hands of America to run a standard review, including title search, tax and lien search and environmental violations search to determine if we can accept your property as a charitable donation.
3) WE’LL DO THE PAPERWORK AND SEND THE CLOSING DOCUMENTS FOR YOU TO SIGN
We’ll ensure the closing documents get to you for signing. Your title company will take care of the deed transfer and recording, notifying all necessary state and municipality authorities to complete the transfer. We will take over all taxes, maintenance and insurance responsibilities, and send you a tax-deductible receipt.
OR - SELL YOUR HOME TO HOMES FIRST
You can also choose to come to us first when you choose to sell your home. Not only will it save you costs on marketing a home on the open market, it will give Homes First the opportunity to keep another home affordable forever.
For more information: Shannon Michlitsch, CFRE developmentdirector@homesfirst.org • 360-236-0920 x250
42% - $914,437
B
C
D
$178,837
7% - $129,025
Funds 13% - $299,846
E Donations of Property 15% - $713,100

45% - $821,741
