Faircloth graduated from Musselman High School in Inwood, West Virginia, and James Rumsey Vocational-Technical Center. He majored in business administration at Shepherd College, and opened his own realty business. In 1980, Faircloth ran for the seat in the 35th district of the West Virginia House of Delegates
Faircloth served in the House of Delegates for twelve terms, where he represented the southern portion of Berkeley County, West Virginia. Faircloth ran in the 2011 special election to fill the remainder of Joe Manchin's term as Governor of West Virginia, losing the party nomination to Bill Maloney. In 2012, he opted not to run for reelection to the House of Delegates, and instead ran for West Viriginia State Auditor, losing to incumbent Glen Gainer III. Faircloth had initially planned to run for the United States House of Representatives in West Virginia's 2nd congressional district in the 2014 elections but opted to challenge current West Virginia Senate Majority Leader John Unger (D).
- "Larry Faircloth Political Summary - Project Vote Smart". Votesmart.org. Retrieved 2013-02-15.
- "If elected governor, Larry Faircloth would look for cost savings in state agencies - Herald-Mail". Articles.herald-mail.com. February 19, 2011. Retrieved 2013-02-15.
- "Faircloth planning run for 2nd District seat - journal-news.net | News, sports, jobs, community information for Martinsburg - The Journal". journal-news.net. 2013-01-24. Retrieved 2013-02-15.
- "Candidate Listing by Office". Retrieved 2014-01-26.
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