How Do You Sell Your House As-Is in West Virginia?
Selling a house that needs work can feel daunting, especially if you inherited the property, you are relocating, or you simply do not have the time or budget for repairs. The reassuring news is that West Virginia gives homeowners a clear path to sell as-is, and the guidance of an experienced West Virginia real estate agent who also serves West Virginia sellers can help you price it correctly, stay compliant with disclosure rules, and keep more of your proceeds.
This guide walks through exactly how to sell your house as-is in West Virginia, from what "as-is" means in legal terms and the disclosures you still owe buyers, to setting a realistic price, deciding which repairs are worth making, and choosing the selling route that fits your timeline.
Quick Answer
Yes, you can sell a house as-is in West Virginia without making repairs. The state follows a "buyer beware" (caveat emptor) tradition with limited mandatory disclosure forms, but you must still answer buyer questions honestly and disclose any known material defects. As-is homes typically sell for roughly 10 to 20 percent below fully updated comparable properties, yet you save on repair costs, holding time, and stress. The difference between a good outcome and a slow one comes down to pricing strategically, marketing to the right buyers, and understanding what as-is actually means.
Key Takeaways
- West Virginia has limited disclosure requirements, but sellers must still reveal known material defects and answer buyer questions truthfully.
- As-is sales usually net 10 to 20 percent less than updated homes, while eliminating repair costs, time delays, and renovation stress.
- Roughly 29 percent of West Virginia home sales in 2025 were cash transactions, so a real pool of buyers actively targets as-is properties.
- Pricing is everything. Overpriced as-is homes sit longer and ultimately sell for less than ones priced correctly from the start.
- Skip cosmetic upgrades but fix safety hazards. Buyers expect wear, but they will walk away from dangerous conditions.
- An experienced agent helps you price accurately, market to both investors and retail buyers, and negotiate as-is terms that protect you.
In This Guide
- What Selling a House As-Is Means in West Virginia
- West Virginia Disclosure Rules for As-Is Home Sales
- Pros and Cons of Selling a House As-Is
- How to Price an As-Is Home in West Virginia
- Which Repairs You Can Safely Skip
- Which Repairs Are Worth Making First
- Ways to Sell Your House As-Is in West Virginia
- Step by Step: How to Sell As-Is in West Virginia
- Mistakes to Avoid When Selling As-Is
- Closing Costs on an As-Is Sale
- Your Next Move as an As-Is Seller
- Frequently Asked Questions
- Glossary of Key Terms
What Selling a House As-Is Means in West Virginia
When you list a property as-is in West Virginia, you are telling buyers up front that you will not make repairs before or after closing. The buyer agrees to take the home in its current condition and accepts responsibility for whatever issues it has. That single decision shapes your price, your buyer pool, and your timeline.
Selling as-is does not give you permission to hide problems or dodge questions, though. Plenty of sellers assume an as-is sale wipes out every obligation, and that assumption gets them into legal trouble. Here is what the term actually covers and what it does not:
| As-Is DOES Mean | As-Is Does NOT Mean |
|---|---|
| The seller will not make repairs | The seller can hide known problems |
| The buyer accepts the current condition | The buyer gives up the right to inspect |
| The price reflects the property condition | The seller can lie about the home |
| A more streamlined negotiation | All contingencies are waived automatically |
| A faster closing is possible | The seller is immune from fraud claims |
The key distinction is simple. Selling as-is removes your duty to repair, not your duty to disclose what you know. Buyers can still order a home inspection, and they can still walk away if they find something they cannot live with. What they generally cannot do is force you to fix those problems as a condition of the sale.
West Virginia and the "Buyer Beware" Doctrine
West Virginia leans on the legal principle of caveat emptor, Latin for "let the buyer beware." In practice, that means the state puts substantial responsibility on buyers to investigate a property before they buy. Unlike states that require a long, standardized property condition disclosure form, West Virginia does not mandate a comprehensive seller disclosure statement for most residential sales.
That tradition has limits. West Virginia law still requires you to disclose known material defects, meaning problems that affect a home's value, safety, or livability. Material defects commonly involve structural systems, the roof and foundation, water and sewer service, electrical and HVAC systems, pest damage, and environmental hazards. Knowing about a serious defect and staying silent is where caveat emptor stops protecting a seller.
West Virginia Disclosure Rules for As-Is Home Sales
Even in an as-is sale, West Virginia disclosure obligations still apply. Understanding what you must reveal protects you from liability after closing and keeps deals from collapsing during the inspection period. For a complete breakdown of every form and obligation, review the full West Virginia seller disclosure requirements before you list.
What You Still Have to Disclose When Selling As-Is
Disclosures that survive an as-is sale:
- ✓ Lead-based paint: required for any home built before 1978 under federal law.
- ✓ Known material defects: issues that affect value, safety, or livability.
- ✓ Flood history or flood zone status: past flooding or a current designation.
- ✓ Structural problems: foundation movement, roof damage, significant wall cracks.
- ✓ Water and sewer issues: septic failures, well contamination, plumbing problems.
- ✓ Pest infestations: active termites or other wood-destroying organisms.
- ✓ Environmental hazards: asbestos, radon, or underground storage tanks.
- ✓ Mine subsidence: especially relevant across West Virginia coal mining regions.
The federal Residential Lead-Based Paint Hazard Reduction Act requires sellers of homes built before 1978 to disclose any known lead-based paint hazards, hand buyers the EPA pamphlet "Protect Your Family From Lead in Your Home," and allow a 10-day window for lead testing. This is a federal rule, so it applies regardless of West Virginia state practice.
Regional Disclosure Concerns Across West Virginia
West Virginia geography varies dramatically, and the issues most likely to surface depend on where your property sits:
| Region | Common Issues to Consider |
|---|---|
| Southern coal counties (Logan, Mingo, McDowell, Wyoming) | Mine subsidence, underground voids, abandoned mine drainage |
| River valleys (Kanawha, Ohio, Monongahela) | Flood zones, past water intrusion, basement moisture |
| Charleston and Huntington metro | Clay soil foundation movement, older home systems |
| Eastern Panhandle (Jefferson, Berkeley, Morgan) | Radon, well water quality, septic systems |
| Rural mountain areas | Septic condition, limited road access, well water issues |
When you are unsure whether something rises to the level of a material defect, err toward transparency. A short conversation with a West Virginia real estate attorney about a specific issue is far cheaper than a lawsuit after closing.
Get a personalized valuation built on real local comps, not an automated guess. Knowing your starting number is the first step to pricing an as-is home that actually moves.
Pros and Cons of Selling a House As-Is
Deciding whether to sell as-is means weighing real trade-offs. Here is an honest look at both sides:
| ✓ Advantages | ✗ Disadvantages |
|---|---|
| No repair costs. Save thousands you would otherwise sink into renovations. | Lower sale price. Expect roughly 10 to 20 percent below market value. |
| Faster timeline. No waiting on contractors or permits. | Smaller buyer pool. Many buyers want move-in-ready homes. |
| Less stress. You skip managing a renovation project. | Financing hurdles. Some buyers cannot get loans on distressed homes. |
| Cash buyer interest. Investors actively seek as-is properties. | Negotiation pressure. Buyers may still ask for credits after inspection. |
| Quick exit on inherited homes. Stop maintaining a vacant property. | Longer days on market if mispriced. An overpriced as-is home stalls. |
When Selling As-Is Makes the Most Sense
An as-is sale is often the smart call when one or more of these apply:
- You inherited a property and live out of state.
- You are facing foreclosure and need to sell quickly.
- The repairs would cost more than the value they would add.
- You do not have cash on hand for renovations.
- The home carries extensive deferred maintenance.
- You are relocating and cannot oversee contractor work.
- Health or personal circumstances keep you from managing repairs.
Quick Decision Guide: Should You Sell As-Is?
Do you have $10,000 or more available for repairs?
Do you have three or more months to wait for repairs and a sale?
Is the estimated repair cost over 15 percent of the home value?
How to Price an As-Is Home in West Virginia
Pricing is the single most important factor in an as-is sale. Set the number too high and the home lingers while carrying costs pile up. Set it too low and you leave money behind. The sweet spot requires an honest read of the West Virginia market and a realistic estimate of repair costs. A current free home valuation is the cleanest way to anchor that number to real comparable sales.
West Virginia Market Snapshot
Key Numbers at a Glance
Median Home Price
$242,900
Year Over Year Change
+3.9%
Median Days on Market
62 days
Cash Sales in 2025
about 29%
The As-Is Pricing Formula
Start with the after-repair value (ARV), which is what your home would sell for in good condition, then subtract estimated repair costs and a buyer convenience discount:
As-Is Price = ARV minus Repair Costs minus Buyer Discount (5 to 15 percent)
Example: $200,000 ARV, less $25,000 repairs, less a $15,000 discount, equals a $160,000 as-is price.
The buyer discount accounts for the risk, inconvenience, and carrying costs a buyer takes on while completing repairs. In a competitive market that discount shrinks; in a slower market it usually has to grow.
Expected Price Discounts by Property Condition
| Condition Level | Typical Issues | Typical Discount |
|---|---|---|
| Light cosmetic | Dated decor, worn carpet, needs paint | 5 to 10% |
| Moderate repairs | Aging HVAC, roof near end of life, dated kitchen or bath | 10 to 15% |
| Major repairs needed | Foundation issues, full roof replacement, extensive water damage | 15 to 25% |
| Significant distress | Multiple system failures, structural concerns, uninhabitable | 25 to 40% |
Our seller net sheet calculator breaks down commission, transfer tax, and closing fees so you can pin down your true bottom line before you ever list as-is.
Which Repairs You Can Safely Skip When Selling As-Is
One of the most common mistakes as-is sellers make is spending on repairs that will not move the sale price. When you sell as-is, buyers already expect the home to need work. Hold on to your cash and skip these updates:
Repairs to Skip (Keep Your Money)
✗ Full kitchen remodel
✗ Bathroom renovations
✗ New flooring throughout
✗ Painting the whole house
✗ Landscaping upgrades
✗ Window replacements
✗ Updating light fixtures
✗ Replacing appliances
✗ Adding a deck or patio
✗ HVAC replacement if it still works
Why These Repairs Do Not Pay Off for As-Is Sales
Home improvement returns work differently for as-is properties. Even a well-executed kitchen remodel typically recoups only about half to three quarters of its cost at resale. For an as-is home aimed at investors or bargain hunters, the return is usually lower still, because those buyers want to do the work their own way.
Picture a $15,000 kitchen update that adds only $8,000 to your price. You just lost $7,000. Leave that $15,000 in your pocket as a price reduction instead, and you attract more buyers, faster.
Typical Repair Cost Recovery for As-Is Sales
Which Repairs Are Worth Making Before an As-Is Sale
Most repairs can wait for the buyer, but a handful of strategic fixes expand your buyer pool or keep a deal from falling apart. These usually involve safety, very low cost, or problems that would block financing. If your property carries heavier damage, our guide to selling a West Virginia house that needs major repairs walks through the repair versus sell math in more detail.
| Repair | Typical Cost | Why It Matters |
|---|---|---|
| Smoke and CO detectors | $50 to $150 | Required for most sales and an easy fix |
| Exposed wiring repair | $100 to $500 | A safety hazard that scares buyers off |
| Active leak repair | $150 to $800 | Prevents ongoing damage during the sale |
| Handrail installation | $100 to $300 | A code requirement for safe showings |
| Junk and debris removal | $200 to $600 | Lets buyers actually see the property |
| Basic cleaning | $100 to $400 | Signals a maintained home, not an abandoned one |
The Financing Factor
If the home has serious issues, it may not qualify for conventional or FHA financing. Lenders expect a property to meet minimum habitability standards, which usually include:
- A functional HVAC system
- Safe electrical with no exposed wiring
- No active roof leaks
- Working plumbing with hot water
- No peeling lead paint on pre-1978 homes for FHA loans
- No significant structural defects
If your home cannot pass for financing, your buyer pool narrows to cash buyers. That is not a dead end in West Virginia, where about 29 percent of sales close in cash, but it does shape your pricing and marketing strategy.
If timing, condition, or certainty matters more than top dollar, a cash sale can be the right fit. We walk you through your full range of options with no pressure to choose one.
Ways to Sell Your House As-Is in West Virginia
West Virginia sellers have a few clear routes to an as-is sale, each balancing price, speed, and convenience differently.
Option 1: List With a Real Estate Agent
Working with an experienced agent is still the most reliable way to maximize an as-is sale price. A strong agent prices the home correctly, markets it to both investors and retail buyers, fields offers, and steers you through the as-is contract terms. When you are ready to list your West Virginia home, the right representation often pays for itself many times over.
The average real estate commission in West Virginia runs around 5.65 percent, although it is always negotiable. Our 1.5 percent full-service listing program delivers professional photography, full MLS marketing, and skilled negotiation while letting you keep more of your equity, with no reduction in service.
Professional photography, full MLS syndication, expert negotiation, and as-is positioning, all included at 1.5%. No hidden fees, no service cuts, no surprises.
Option 2: Sell to a Cash Buyer or Investor
Cash buyers, including house flippers and investment companies, specifically hunt for as-is properties. They offer speed and certainty, often closing in 7 to 14 days with no financing contingency. For sellers whose top priority is to sell a West Virginia house fast, this is usually the quickest path to a signed contract.
The trade-off is price. A cash buyer needs to profit from the deal, so offers typically land around 65 to 85 percent of market value. On a $200,000 home, that could mean offers between $130,000 and $170,000. If a fast sale appeals to you, it is smart to compare a cash offer against what an open-market listing might net before you sign anything.
Option 3: Sell It Yourself (FSBO)
Selling without an agent saves the listing commission but puts pricing, marketing, showings, negotiations, and paperwork on your shoulders. That is a heavy lift for an as-is sale, where pricing accuracy is critical and negotiating with seasoned investors takes experience. If commission is your main concern, it is worth reviewing the flexible commission options available before you decide to go it alone.
| Selling Method | Typical Price | Timeline | Effort Level |
|---|---|---|---|
| Agent (traditional fee) | Highest | 30 to 90 days | Low |
| Agent (1.5% full-service) | Highest | 30 to 90 days | Low |
| Cash buyer or investor | Lowest | 7 to 21 days | Very low |
| FSBO | Medium | 60 to 120 plus days | High |
Every as-is situation is different. Compare full-service listing structures side by side and choose the one that fits your timeline, your equity goals, and your property condition.
Step by Step: How to Sell Your House As-Is in West Virginia
Use this timeline to move an as-is property efficiently from prep to closing. For the broader process that applies to any home sale, our step-by-step guide to selling a house in West Virginia covers each stage in depth.
Assess the property and gather your documents
- Walk through and document the current condition with photos.
- Pull together any records of past repairs, permits, or warranties.
- Locate your deed, mortgage payoff figure, and property tax records.
- Consider a pre-listing inspection to surface issues early.
Interview agents and get pricing guidance
- Talk to two or three agents with as-is sale experience.
- Request a comparative market analysis that accounts for condition.
- Discuss listing fee structures and marketing plans.
- Ask specifically about their track record with investor buyers.
Prepare the property and your disclosures
- Remove personal belongings, debris, and excess furniture.
- Handle the minor safety repairs that are genuinely worth it.
- Prepare disclosure documents listing every known issue.
- Sign the listing agreement with your chosen agent.
List and market the property
- Have professional photos taken, since even as-is homes need them.
- List on the MLS with a clear as-is disclosure.
- Market to both traditional buyers and investors.
- Begin scheduling showings.
Showings and offers
- Accommodate showings, especially for investor buyers.
- Review and negotiate incoming offers.
- Accept the offer with the best mix of price, terms, and certainty.
- Enter the contract period.
Under contract to closing
- The buyer completes an inspection, and you should expect findings.
- Work through any repair requests or credit negotiations.
- The buyer finalizes financing if a loan is involved.
- Complete the final walkthrough and close.
Mistakes to Avoid When Selling As-Is
Learn from other sellers so you can protect your own sale:
Costly Mistakes to Avoid
1. Overpricing because you "know what it is worth"
Emotional attachment clouds judgment. Your home is worth what buyers will pay, not what you feel it should fetch or what you need out of the sale. Overpriced as-is homes sit for months, rack up carrying costs, and usually sell for less than if they had been priced right from day one.
2. Hiding known problems
West Virginia buyer-beware tradition does not shield you from fraud claims. If you know about a material defect and stay silent, a buyer can sue after closing. Transparency is both legally required and practically smart, because it keeps deals from imploding during inspection.
3. Refusing all negotiation after inspection
Even in as-is sales, some negotiation is normal. Buyers may turn up issues you did not know about. A reasonable credit for an unexpected finding keeps the deal alive, while refusing to budge on anything often sends buyers running.
4. Grabbing the first lowball offer out of fear
Investors often open with aggressive offers to test how motivated you are. If your home is priced correctly, it will draw multiple interested parties. Give the market a little time and negotiate from knowledge, not anxiety.
5. Skipping professional representation
As-is sales carry complex contract terms, disclosure duties, and tricky negotiation dynamics. The commission you save going FSBO is frequently swallowed by pricing mistakes, legal exposure, and buyer negotiations that go sideways.
Closing Costs on an As-Is Sale in West Virginia
As-is sellers face the same closing costs as everyone else. In West Virginia, seller closing costs typically run from about 3.7 to 4 percent of the sale price, before real estate commission. For the full picture beyond closing day, see our breakdown of what it costs to sell a house in West Virginia.
Typical Seller Closing Costs in West Virginia
| Cost Category | Typical Amount |
|---|---|
| Transfer tax | $1.10 per $500 of sale price (about 0.22%) |
| Title insurance (owner policy) | $500 to $1,500 depending on sale price |
| Real estate attorney fees | $750 to $1,250 (required in WV) |
| Recording fees | $50 to $150 |
| Prorated property taxes | Varies by county and timing |
| Settlement or escrow fee | $300 to $600 |
| Real estate commission | 1.5 to 5.65% (negotiable) |
| Estimated total | 6 to 10% of sale price |
Knowing these costs in advance lets you calculate true net proceeds rather than gross sale price. The quickest way to estimate your net proceeds is to run your numbers through a seller net sheet before you commit to a price.
From disclosures to pricing to closing, we handle the moving parts of an as-is sale so you do not have to. Get a clear plan tailored to your property and timeline.
Seller Savings Calculator
How much more do you keep with our 1.5% listing fee?
Select your home's estimated value to see your real net proceeds side by side.
Traditional Agent, 3%
Our Fee, Only 1.5%
Extra in your pocket
$6,000
vs. a traditional 3% listing agent, with zero reduction in service or marketing.
Traditional Agent, 3%
Our Fee, Only 1.5%
Extra in your pocket
$7,500
vs. a traditional 3% listing agent, with zero reduction in service or marketing.
Traditional Agent, 3%
Our Fee, Only 1.5%
Extra in your pocket
$9,000
vs. a traditional 3% listing agent, with zero reduction in service or marketing.
Traditional Agent, 3%
Our Fee, Only 1.5%
Extra in your pocket
$11,250
vs. a traditional 3% listing agent, with zero reduction in service or marketing.
Traditional Agent, 3%
Our Fee, Only 1.5%
Extra in your pocket
$15,000
vs. a traditional 3% listing agent, with zero reduction in service or marketing.
Estimates only. Closing costs vary. Buyer agent commission is negotiable.
Your Next Move as an As-Is Seller in West Virginia
Selling your West Virginia home as-is is a legitimate, often shrewd strategy that saves time, money, and stress. The whole thing hinges on realistic expectations, honest disclosure, and a price that reflects condition.
With West Virginia holding a relatively balanced market, steady prices, and healthy cash buyer activity, as-is sellers have genuine choices. Whether you list with an agent, weigh a cash offer, or attempt FSBO, understanding both your obligations and your opportunities keeps you in control of the outcome.
Your next step is simple: get an accurate read on your home value and a clear picture of what you would actually net. From there, the right path forward usually becomes obvious.
Know your equity, understand your costs, and see exactly what you would walk away with before you make any decisions. Our seller consultation is free and carries no obligation.
Frequently Asked Questions About Selling As-Is in West Virginia
Can you sell a house as-is in West Virginia without making any repairs?
Yes. You can list and sell a West Virginia home in its current condition without completing repairs. As-is simply means you will not fix anything before or after closing, and the buyer accepts the property as it stands. You still owe honest answers to buyer questions and disclosure of any known material defects, and you still need to price the home to reflect its condition.
Do you still have to disclose problems when selling as-is in West Virginia?
Yes. While West Virginia has limited mandatory disclosure forms compared with many states, you must still disclose known material defects that affect the property value, safety, or habitability. Federal law also requires lead-based paint disclosure for homes built before 1978. Failing to reveal a known issue can lead to legal action from the buyer after closing, so transparency protects you.
How much less does an as-is home sell for in West Virginia?
As-is homes typically sell for roughly 10 to 20 percent below comparable move-in-ready properties. That discount is often smaller than the repairs would have cost. For example, if your home would bring $200,000 fully updated but needs $30,000 in work, selling as-is near $170,000 can net you about the same amount without the cost, time, or risk of renovating.
How long does it take to sell a house as-is in West Virginia?
Timeline depends on pricing and condition. A well-priced as-is home often sells within 30 to 60 days, while overpriced or heavily distressed listings can take 90 days or more. A cash sale to an investor can close in as little as 7 to 14 days. The current median days on market in West Virginia sits around 62 days across all home types.
Can buyers still inspect a house sold as-is?
Yes. Selling as-is does not stop buyers from ordering an inspection. Most will still inspect, and they can walk away if they find problems they are unwilling to accept. The as-is part means you are not obligated to make repairs based on those findings. Buyers can request a price reduction or credit, but you are free to decline.
Should you get a pre-listing inspection before selling as-is?
It often pays off. A pre-listing inspection reveals issues before buyers find them, helps you price accurately, demonstrates transparency, and reduces the chance of a surprise that kills the deal. The typical cost of $300 to $600 is usually worth the peace of mind and the stronger negotiating position it gives you.
What if a buyer's loan requires repairs on an as-is home?
FHA and VA loans carry minimum property standards. If your home does not meet them, a financed buyer cannot close. Your options are to make the minimum required repairs, offer a credit at closing, lower the price, or focus marketing on cash buyers. With about 29 percent of West Virginia sales closing in cash, there is a real buyer pool for as-is properties.
Are "we buy houses" cash companies in West Virginia legitimate?
Many are legitimate businesses, but offers vary widely. These companies profit by buying below market value, so expect offers around 50 to 75 percent of your home value. Before accepting, gather multiple offers, check the company reputation through reviews and the Better Business Bureau, and have a real estate attorney review the contract. Always compare a cash offer to what a traditional as-is listing might net.
How do you choose a real estate agent to sell an as-is home in West Virginia?
Look for agents with direct experience selling distressed or as-is properties. Ask how many as-is sales they have closed, request references from past clients, and dig into their marketing approach for investor buyers. Compare fee structures too. The Jamil Brothers Realty Group offers a 1.5 percent full-service listing program, and an agent with local market knowledge and investor negotiation experience typically outperforms a generalist.
Do you need a real estate attorney to sell a house as-is in West Virginia?
West Virginia requires an attorney for closing, so you will work with one regardless. Beyond that requirement, attorney involvement throughout the process is especially valuable for as-is sales, since it helps you review disclosure documents, confirm the contract terms protect you, and answer legal questions about your obligations. Typical attorney fees run from $750 to $1,250 for a straightforward closing.
What happens if a buyer backs out of an as-is contract?
The contract terms decide what happens next. Most contracts include contingency periods during which a buyer can exit without penalty. If a buyer cancels within their inspection or financing contingency, they usually get their earnest money back. If they walk away outside those contingencies without valid cause, they may forfeit the earnest money deposit. Your agent and attorney can advise you on the specific remedies in your contract.
Can you sell an inherited house as-is in West Virginia?
Yes, but you must first establish the legal authority to sell. If the property went through probate, you need documentation showing you have the right to sell it, and in some cases you can sell during probate with court approval. Inherited homes are strong candidates for as-is sales because they often carry deferred maintenance and out-of-state heirs who cannot manage renovations.
Glossary of Key Terms
As-Is Sale
A transaction where the seller makes no repairs before or after closing and the buyer accepts the property in its current condition.
Caveat Emptor
Latin for "buyer beware," a doctrine placing responsibility on buyers to investigate a property before purchase. West Virginia follows this principle.
Material Defect
A significant problem that affects a property value, desirability, or usability. These must be disclosed even in as-is sales.
After-Repair Value (ARV)
The estimated value of a property once all needed repairs and improvements are complete. Investors use it to set their offers.
Cash Buyer
A buyer who purchases without mortgage financing. Cash buyers close faster and do not require the home to meet lender standards.
Inspection Contingency
A contract clause that lets buyers order an inspection and potentially renegotiate or exit if significant issues turn up.
Seller Credit
Money the seller provides to the buyer at closing, often used to offset repair or closing costs in place of doing the repairs.
Transfer Tax
A tax due when ownership transfers from seller to buyer. In West Virginia this runs $1.10 per $500 of sale price.
Earnest Money
A deposit buyers make to show serious intent, typically 1 to 3 percent of sale price, held in escrow until closing.
Mine Subsidence
Ground settling or collapse caused by underground mining, a concern across West Virginia coal regions.
This guide is for informational purposes only and does not constitute legal or financial advice. Real estate laws and market conditions vary. Consult a licensed West Virginia real estate professional and attorney for guidance specific to your situation.
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