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REAL ESTATE DONATIONS
KLRN PBS
Real Estate Donation Program
The mission of KLRN is to enrich the lives of people throughout South Central Texas through the power of communication-providing quality programs and services that advance education, art and culture, and community. KLRN offers a broad reach throughout South Central Texas. Through TV, online and event sponsorship opportunities, KLRN can deliver your message to a large, highly desirable audience.
About Real Estate Donations
KLRN has partnered with CARS (Charitable Adult Rides & Services) to process donations in the form of real estate assets. Properties in any location, condition, and format are eligible for donation to KLRN. Back taxes, mortgage balances, and deferred maintenance do not prohibit your ability to donate. Our program covers all loans, liens, commissions, and closing costs so long as there is equity in the property.
If you have a land, residential, or commercial real estate asset that is unused or costing you money, consider giving back to the station you love by donating it to KLRN. As a result, you may also be eligible for 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
