Purchasing a home is not simply about signing papers to close the sale. To ensure that you are making a sound investment, you need to know the ins and outs of the property beforehand. This way, in the event that there are any aspects that need repair or replacement, they can be attended to before you take on ownership of the home. Failure to address these problems beforehand will leave you with a property in disrepair that would be lesser in value when compared to your purchase price.