Ms. Bessmer,
Your questions are common in today's market. The first thing I would suggest in your situation is to talk to a lender. Unfortunately, in today's world no situation is "cut and dry". Each opportunity depends on each individual person and situation. If you have money to put down, good credit and proof that your home is rented, you may be able to qualify for a loan on your new home. Once you have all the lender's details, a REALTOR will be to assist you more accurately on your home in WV. Feel free to contact me with any additional questions. I wish you best on your future move! - Sun Oct 25 2009, 15:14