House Buying Program
we buy houses to help homeless and injured veterans
Sell or donate your home today!
Need to sell your home FAST? Don't panic! We buy houses - all kinds of houses! We then use our skilled team of dedicated staff and wonderful volunteers to turn these homes into VA-approved houses – which we then pass on to our Veteran home-buyers! We hold a portion of the properties to offer as affordable housing to graduates of our Homeless Transition Program.
You get cash for your home, we provide investment opportunities with high returns on investment, and in the process, we help veterans maintain their independence when they fought so hard to preserve it for others.
Before you accept a low-ball offer, read this!
You may have received up to 10, maybe even 20 low-ball offers for your home if you were flagged as a “DISTRESSED HOME-OWNER.” These are “TAGS” that real estate investors use to find home owners who may need to sell their home. You might be in a time sensitive situation or maybe the house needs too many repairs for you to deal with. If you inherited a vacant property, lost your job, were issued a pre-foreclosure notice, or have a lien on your property, your house has left you with a digital footprint that many investors try to seek out. These investors make a good living helping people like you by offering as low as they think you will accept for your home. If enough investors tag you, enough low offers will come in that you might actually start to think these low ball offers are "just the going rate" for your home after so many of them.
But...
Some “investors” don't even actually buy your house!
There is a growing trend thanks to some real estate investment "gurus" where "investors" will wholesale or assign (sell) the contract to a real investor for $10k, $20k, sometimes up to $50,000!
This is YOUR equity they are taking out of YOUR pocket.
And on top of that, there are Capital Gain TAXES if it was investment property or increased in value. By selling or donating your real estate to a 501(c)3 nonprofit like Houses For Warriors, you are not only helping us get our homeless veterans off the streets and back on track with a new foundation on life, you maintain your equity and can get a
MAJOR TAX DEDUCTION!
Get your FREE sale valuation
Fill out the form below to get realistic offer estimates for your property if you choose our team
Here's how it works
Sell us your house and help us support veterans in your community
We raise funds from investors
Private lending gives us the seed money to purchase homes to support veterans in need. These investments help the community and our investors are paid back with interest!
We buy your house for cash
We'll beat any cash offer you've received. After purchase, if the home meets VA standards, we will use it to house a homeless veteran and help them get back on their feet.
We improve the house to get it VA-approved
We either remodel the home to meet VA standards for a veteran homebuyer or we remodel it to meet Special Adaptive Housing requirements for a severely injured veteran.
A veteran gets quality housing options that fit their needs & budget
We help Warrior House graduates and veterans around the country by providing affordable housing options to our Warriors.
Looking for quick cash?
Here's why we can beat ANY cash offer
Because we are a 501(c)(3) tax exempt nonprofit organization, we purchase homes through the IRS "Bargain Sale". This allows you to receive a tax deduction up to the appraised fair market value when you sell your home at a discount.
If you own a vacant home, a troublesome tenant, or several properties that you want to part ways with, Houses for Warriors can take them off your hands for real money. Not only will we beat any cash offer you've received, we will give you the peace of mind of knowing that your property has been donated to a real estate service that champions a good cause.
FAQs
What is the House Buying Program?
Our House Buying Program offers real estate solutions to homeowners that need to sell their property in any timeframe.
Any condition… any situation… we can offer our very best solution to your unique situation. Sometimes, life can change in an instant and you may need to start fresh.
If you are facing one or more of the following situations, please contact us today!
- Facing/Avoiding Foreclosure
- Facing Divorce
- Owe Back Taxes or Liens
- Moving or Relocating
- Upside down on your mortgage
- Behind on payments
- Dealing with the loss of a loved one
- Inherited a house
- Own a vacant house
- Tired of problematic tenants in a rental
- Fire damaged or condemned house
- Trying to avoid realtor commissions
- Want to avoid Capital Gains Taxes
- Interested in increase your Charitable Giving
- Interested in receiving Major Tax Deductions
Can you really buy my home for cash?
Yes we can! The process is pretty simple. After you submit some basic information on our home valuation form (on this page), your information will be sent via email to our team. We will review your submission and contact you to discuss your home situation.
After talking to you, we will be able to create a custom solution that will be a Win/Win for you and our organization. We will make you an immediate cash offer for a quick home sale.
Why do you buy houses?
Our organization purchases homes to offer affordable housing options to veterans and our Warrior House Graduates. We fix and re-sale a portion of our properties to fuel our mission to assist homeless veterans. Because we are a 501©(3) tax exempt nonprofit, selling us a property can allow you major tax deductions. Please contact your CPA (Certified Public Accountant) today to find out more about the benefits of selling property to a nonprofit.
What will you do with the house after you buy it?
We will do 1 of 3 things:
- If the home needs repairs we will update it and bring it up to VA standards for VA Home-Buyers. We will market the home as a VA-Approved home, and try to fit the home with a qualified VA home-buyer. We use the profits from these sales to acquire and hold properties to offer to our Warrior House Graduates at affordable rates.
- Homes that do not require repairs and meet VA standards will be held by our organization and offered as affordable housing to veterans like our Warrior house Graduates.
- Homes that are suitable for our Warrior House program (7500+ sqft) may be considered for our next homeless transitional house.
What is Fair Market Value?
Fair Market Value (FMV) is an estimate of the market value of a property by a licensed appraiser, based on what a knowledgeable, willing, and unpressured buyer would probably pay to a knowledgeable, willing, and unpressured seller in the market.
FMV is determined based on the property’s overall condition, age, needed repairs, and comparable listings sold in the neighborhood.
If I sell my house below FMV to Houses for Warriors, do I get a tax-deduction?
Yes! Because we are an IRS approved 501©3 organization, you qualify for a tax-deduction up to Fair Market Value under the IRS approved “Bargain Sale.”
What is an IRS “Bargain Sale”?
From the IRS website:
If you sell or exchange property for less than fair market value with the intent of making a gift, the transaction is partly a sale or exchange and partly a gift. You have a gain if the amount realized is more than your adjusted basis in the property. However, you do not have a loss if the amount realized is less than the adjusted basis of the property.
Bargain sales to charity
A bargain sale of property to a charitable organization is partly a sale or exchange and partly a charitable contribution. If a charitable deduction for the contribution is allowable, you must allocate your adjusted basis in the property between the part sold and the part contributed based on the fair market value of each. The adjusted basis of the part sold is figured as follows:
Adjusted basis of | Amount realized |
| Fair market value of entire |
Based on this allocation rule, you will have a gain even if the amount realized is not more than your adjusted basis in the property. This allocation rule does not apply if a charitable contribution deduction is not allowable.
See Pub. 526, Charitable Contributions, for information on figuring your charitable contribution.
Example:
You sold property with a fair market value of $10,000 to a charitable organization for $2,000 and are allowed a deduction for your contribution. Your adjusted basis in the property is $4,000. Your gain on the sale is $1,200, figured as follows:
Sales price | $2,000 |
Minus: Adjusted basis of part sold ($4,000 × ($2,000 ÷ $10,000)) | 800 |
Gain on the sale | $1,200 |
Contact your CPA to find out if a Bargain Sale Charitable Donation is right for you!
Do you accept full property donations?
YES! We absolutely need as many properties as we can get. This is the most impactful way to support our mission!
Do you accept other types of donations?
We accept lots, empty land, commercial real estate, residential and multi-family properties, vehicles, boats, campers, RVs, Art, Auction items, and more.
If you have questions about a specific item, please email us at [email protected].
Do you accept full property donations?
YES! We absolutely need as many properties as we can get. This is the most impactful way to support our mission!
