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Posted 3 months ago

What Out-of-State Investors Must Know in Making an Offer in Cleveland

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Thinking about investing in Cleveland real estate? You’re not alone. As out-of-state interest in our market continues to rise, we’ve helped dozens of remote investors find and close deals without ever setting foot in Ohio.

But before you submit an offer on that promising duplex or turnkey single-family, it’s important to understand a few key steps that can make—or break—your deal.

1. Be Prepared to Move Fast

Cleveland’s investor-friendly pricing draws attention quickly, especially in desirable zip codes. When a good property hits the market, hesitation can cost you the deal.
That’s why we make sure all our clients are prepped with:
- Pre-approval or proof of funds
- A ready-to-go offer template
- An agent (us!) who can act fast on your behalf

2. Include the Right Contingencies

Cleveland sellers expect clean offers—but we still protect our buyers. Most of our investor offers include:
- General home inspection
- “All utilities must be on for inspection” clause
- Contingency on seeing active leases + proof of rental income (for tenant-occupied properties)

3. Understand the Paperwork

You don’t need to worry about generating documents—that’s our job. But here’s a quick look at what we’ll prepare for you:
- Buyer Agency Agreement
- Offer Summary Sheet
- Residential Purchase Agreement
- Addendum A (with any custom clauses for investor-specific needs)
- Disclosure forms (Lead-Based Paint, Residential Property, etc.)

4. Know the Local Flow

Cleveland isn’t like California or NYC. Our closings typically take 30 days and properties are rarely sold with warranties. It’s a fast but professional market—and we’ll guide you through every step.

5. Work With a Local Partner You Trust

As your boots on the ground, we do the heavy lifting:
- Preview properties
- Coordinate inspections
- Handle all paperwork
- Represent your best interests at every turn

Ready to start making offers in Cleveland? Let’s connect!

Email”[email protected]
Based in Cleveland, Serving Nationwide Investors
21 Hill Real Estate — Investor-Focused, Deal-Driven 

Mobile # 2167896736




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