HOW IT WORKS
Real estate brokers are offered concrete protection and receive payment faster than they would through traditional real estate deals. The bargain sale process can generally be completed in less than 30 days, while the broker can also rest assured in the certainty of a sale.
EASY AS 1-2-3
We get the current market appraisal to determine the market value of the property.
We make an offer based upon the current market appraised value and the seller tax deduction needs as determined by the seller's CPA. Our offer typically includes cash plus a tax deduction.
Once the seller has accepted, we close the deal within 30 days.
ANSWER TO YOUR QUESTIONS
Where can RED, USA accept donations
RED USA can accept real estate donations anywhere throughout the US. We also accept properties overseas if the company is US-based.
What if my property has environmental issues?
RED, USA has several years of experience in the environmental industry and has a close working relationship with many environmental consulting companies. In these situations, we complete an evaluation and ensure all state and federal regulations are closely followed. We have accepted and purchased several environmentally-tainted properties in the past.
What if my property has a mortgage on it?
In these, situations, we compare the purchasing price with the mortgage and expenses to be paid at closing. We can purchase properties if the price is large enough to cover the mortgage and expenses.
As for as donations, you cannot donate a property if there is a mortgage on it.
How long does it take RED USA to close on a purchase or donation?
It takes us approximately 30-45 days to purchase a property. Accepting a real estate donation is generally closed within a single week.
Does RED, USA, have a CPA firm my accountant can speak with regarding IRS section 170?
Can you still sell the property if there are back taxes on the property?
In these situations, we calculate the expenses and taxes compared to the projected selling price. If the projected selling price is high enough to cover these expenses and taxes, we're still able to sell the property.
Can RED, USA Purchase properties through IRS Section 170?
GET PAID FAST
The bargain sale process goes very quickly, meaning the broker has cash in their pocket faster.
CERTIFIED PROTECTION FOR BROKERS
With certainty regarding the sale, brokers can rest assured that they will be paid.