Some people have been in this situation before. They've recently gone out and purchased the home of their dreams. In many cases, it has been flipped and offered for sale by the contractor. The buyer has taken out a sizeable mortgage from the bank and feel a little bit stretched; however, it's worth it because the home is everything that they've ever wanted. Unfortunately, just after getting used to their routine, they realize the home has a host of problems that weren't disclosed during the purchase negotiation process. This is only one of the myriad of reasons that home flippers and real estate agents get sued.