Can I still sell my home during the foreclosure process?

Yes, it is possible to sell your home during the foreclosure process in West Virginia. This is known as a "short sale". It involves negotiating with the lender to allow the sale of your property for an amount that is less than the outstanding loan balance. The lender must agree to the short sale before it can be completed. This is usually done through a private negotiation or a formal agreement with the lender. In either case, the lender must be willing to accept less than the full balance owed in order to approve the short sale. It is important to remember that a short sale does not eliminate the debt. The homeowner may still be responsible for paying any remaining balance on the loan, and the lender may file a deficiency judgment against the borrower. It may be beneficial for homeowners to seek the advice of an attorney who specializes in foreclosure defense law in West Virginia. An attorney can help homeowners understand the details of the foreclosure process and can negotiate on their behalf with the lender. In addition, a homeowner may be eligible for foreclosure assistance programs in West Virginia. These programs provide financial assistance to help homeowners avoid foreclosure. Homeowners should contact a local housing counseling agency or legal aid office for more information.

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Can I still sell my home during the foreclosure process?

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