These prospective sellers are in need of capital or they may lose their home entirely due to penalties, fines, and tax liens.Out-of-state or out-of-county property owners - It’s also worth keeping an eye out for owners who live either in a different state or different county of where their property is located.

You need to have an operating agreement and it needs to spell out in DETAIL what everyone is responsible for, how proceeds will be divided, how expenses will be handled, who is responsible for what and what the penalties are if someone doesnt do what they are supposed to.

Some banks (NBC) allow you to transfer without having to break the mortgage and apply for a new mortgage with penalty (TD).4.

I paid a 1% penalty for paying off loan early too.  

Be prepared for a 20-30% down payment, prepayment penalty (unless you choose to buy out the fee), 3-6 months of reserves and higher rates.

No prepayment penalties. 

How the amount will be refunded or whether it will be adjusted in the advance rent should also be clearly mentioned.5) Who will pay water, electricity and maintenance charges is also important.6) In case the flat is furnished, a list of fittings and fixtures should be made and penalty for damage decided in advance.

In my lease I have a $300 lease break fee to handle this sort of thing.Read the statute because I believe the penalty for not returning the DD is much larger than the deposit itself.

It's a vicious cycle when tenants can't catch up because penalties are eating up their funds.

These tenants’ rights include: Having the deposit segregated from the landlord’s own funds;Having the deposit placed in an interest bearing account;Being told what bank has your deposit;Receiving a receipt for the deposit at the time it is given to the landlord or his agent;Receiving interest on your deposit after every 12 month period;Having the deposit returned 45 days after vacating the unit;Receiving actual paid receipts for any deductions due to damage;Receiving a two-times the security deposit penalty for violations;Receiving reasonable attorney fees and court costs.