Plane crash in my hometown

Last weekend there happend to be a private plane flying into the regional airport. The weather was ok for flying from what was reported in a local newspaper. The airplane was a 1972 Cessna 340 N2637Y that was on approach to Erie-Ottawa Regional Airport, Port Clinton, Ohio. The pilot had radioed in that he was arriving and going to make an approach. He then flew over the airfield and circled around for his final approach. Though nothing else was heard over the radio, and nothing appeared to be wrong. Though moments later the airplane crashed in about 200 feet from a local resident.

From some of the witness reports they had said that it seemed as though the plane was slightly low and possibly flying too slow on approach. There had also been a report from a witness saying that it seemed the engines stopped working. The pilot of the plane had orginially owned a single engine and recently purchased this dual engine airplane in December. He had logged only seven hours in the 340 before the accident. The pilot had purchased the airplane from Sport Truck LLC located in Coldwater, Michigan. Sadly all passengers were reported dead on impact.

The FAA and NTSB are currently under investigation of the accident. They have reported to the local newspaper that they plan on review the aircraft, pilot's background, and the weather that occured at the time of the incident. They also advised that they will post a preliminary report, but that the official final report won't be completed any time soon.

Now not being an expert in any way to airplane accidents, but a couple things seem to stick out to me while I read the articles as they were being published. The fact that the aircraft was flying at a low altitude could have possibly meant that there might have been a slightly low ceiling that day. Also the person who stated that they heard the engine stop; could that have meant engine failure. I also started thinking about the previous owner of the airplane and their maintenance practices. If the maintenance was not done correctly this could be an important factor in what caused this accident. I honestly wouldn't be surprised if mis-managed maintenance was involved. Then again it could have been just an amazing thing that happend that no one could have predicted, but the way it came about sounds like someone missed something. Again I am not an expert, but that is just what I see from reading those articles.