Here is a summary of foreclosure laws and rules for the State of West Virginia:
- Lenders use either a mortgage or deed of trust, although mortgage is uncommon.
- Lenders prefer to use a deed of trust and foreclose by trustee sale.
- There is no right of redemption after a deed of trust sale.
- Ten days notice is given to reinstate.
- There is no right to reinstate if the notice of default is served three or more times.
- Deficiency judgments are permitted.
If you are interested in reading the actual statutes relevant to mortgage and foreclosure in West Virginia those laws are available online.
Learn more about what the above procedures and rules mean. Review the homeowner foreclosure guide on this website.
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