The property appraised under the provisions of the preceding section shall be sold by the officer in separate items, or in parcels, or as a whole, whichever method will secure the highest price therefor. The property so appraised shall be first offered for sale for cash, and, if the highest aggregate bids therefor amount to two thirds or more of its appraised value, the sale thereof shall be for cash; but if no bid be made therefor aggregating two thirds of its appraised value, the same shall then be offered for sale, one half on a credit of four months and the residue on a credit of eight months, the purchaser giving his note with good security bearing interest from date. If when so offered on a credit a greater aggregate sum be bid therefor than was offered in cash, the sale shall be made upon credit as aforesaid, otherwise the cash bid shall be accepted.
Structure West Virginia Code
§38-4-1. Executions Against Corporations
§38-4-2. Executions on Joint Judgments
§38-4-3. Execution for Benefit of Person Other Than Plaintiff
§38-4-4. Writs of Possession and Fieri Facias on Judgments for Specific Property
§38-4-5. Execution or Fieri Facias on Money Judgment
§38-4-6. On What Fieri Facias May Be Levied
§38-4-7. How Currency or Bank Notes Shall Be Accounted For
§38-4-8. Commencement and Duration of Lien of Fieri Facias
§38-4-10. Docketing as Constructive Notice
§38-4-11. Docketing of Execution
§38-4-12. Exemption From Execution
§38-4-13. Indorsement of Time of Receipt by Officer; Penalty for Failure to Indorse
§38-4-14. Order of Levy and Satisfaction of Several Writs
§38-4-15. Rules Concerning Distress or Levy
§38-4-16. Officer's Return Upon Fieri Facias
§38-4-17. Resale Upon Default of Purchaser
§38-4-18. Writ of Venditioni Exponas; Notice of Sale
§38-4-19. Proceeding in Case of Death of Officer Before Sale
§38-4-22. Appraisal Before Sale
§38-4-23. Method and Terms of Sale of Appraised Property
§38-4-24. Payments on Purchase Money Notes
§38-4-25. Judgment on Defaulted Purchase Money Notes
§38-4-26. Form of Judgment on Notes
§38-4-28. Liability of Officer for Money Received Under Execution Payable to Nonresident of County
§38-4-29. Successive Executions
§38-4-31. Motion to Quash Execution
§38-4-32. Limitation on Motion for Failure to Return Execution