They admit hiding a known issue with the home, which is against the law in most states. These are the 13 most common problems buyers find after closing a transaction. Home buyers who waive the inspection contingency must rely heavily on seller disclosures to be informed about any potential problems with the property. But more…

U.S. Pending Home Sales Slip Again in July as Market Cools, but Mortgage Rates Show Signs of Stabilizing. The numbers: U.S. pending-home sales fell in July by 1%, according to the monthly index released Wednesday by the National Association of Realtors. Analysts polled by the Wall Street Journal had forecast the pending home sales index…