Real Estate

 

At Taylor, Taylor & Taylor, Inc., our real estate attorneys have extensive experience helping clients with real estate transactions, disputes, and litigation. Our firm represents sellers, buyers, and real estate developers in both residential and commercial real estate dealings.

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Our attorneys have the knowledge and experience to help you with purchases and sales, refinances, sales contracts, litigation, contractor disputes, construction loans, business formation, foreclosures, title searches, and property closings. We have what it takes to protect your rights, advocate for your interests, and help you navigate through virtually any real estate issue.

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If you are a real estate buyer, seller, or developer in need of legal representation, turn to Taylor, Taylor & Taylor, Inc. Our Virginia real estate lawyers are extremely well-versed in Virginia real estate law and can provide you with the sound legal advice you need.

Contact our office today to set up a consultation.

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Residential and Commercial Property Purchases and Sales

 

Whether you are a buyer or a seller considering a real estate transaction, our attorneys can usher you through the process and ensure that the transaction is legally sound. We understand that real estate is a significant and often risky investment. That is why having an advocate in your corner, who can evaluate the safety of the investment and ensure all legal documents are in order, is critical.

Our lawyers have an in-depth understanding of state and local real estate laws, a penchant for research, and the skills to negotiate a successful transaction for properties, including:

• Land

• Homes

• Hotels

• Farms

• Warehouses

• Office spaces

• Retail spaces

• Other types of property

Rest assured that our Virginia real estate lawyers will always act with your best interests in mind.

 

Refinances

 

Are you considering refinancing your mortgage? If so, the real estate lawyers at Taylor, Taylor & Taylor, Inc. can help. Our attorneys can offer you legal advice and guide you through the refinancing process.

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First, an attorney can protect you from scams. Many individuals looking to refinance fall victim to predatory lending. Predatory lending occurs when certain lenders engage in unethical practices designed to trap borrowers in a cycle of debt. Predatory lenders may make loan terms seem generous and favorable, but in reality, they may charge hidden fees and increase the financial burden on your shoulders. Our attorneys will ensure that you refinance with a reputable lender who will not charge you illegitimate fees.

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We will also defend your interests throughout the process. Even when you are dealing with a trustworthy lender, it is crucial to have someone present with your best interests in mind.

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Lastly, we will streamline the refinancing process for you. Refinancing real estate can be complicated, legally speaking. There are many different aspects to refinancing, but our attorneys will help you through every stage of the process. Refinancing also involves a massive amount of detailed paperwork, so having an attorney on hand to review all of your documents can help you avoid costly errors.

 

Negotiation, Review, and Drafting of Sales Contracts

 

If you need assistance negotiating, reviewing, or drafting a sales contract, the attorneys at Taylor, Taylor & Taylor, Inc. can help. Our lawyers understand the importance of a well-drafted contract and how vital it is to your company’s success.

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Our skilled legal professionals can help you draft the text of a contract and negotiate the terms in a way that prioritizes your interests and business goals. Many businesses deal with multiple real estate contracts every year. Creating an agreement can be tedious, and companies that regularly draft contracts can easily overlook important elements.

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Our firm is here to offer you the support and counsel you need throughout the entire contract drafting process.

 

Real Estate Litigation

 

The team at Taylor, Taylor & Taylor, Inc. has extensive experience litigating real estate issues in court. We have a firm grasp of the rules and regulations that apply to real estate and real estate transactions within the Commonwealth of Virginia. Our chief goal is to help you resolve whatever real estate issues you may be dealing with in a timely and cost-effective manner.

We represent many different types of clients in real estate issues, including developers, owners, landlords, tenants, lenders, loan borrowers, government agencies, and others. Whether you are modifying a loan, enforcing an agreement, obtaining new property, or dealing with a real estate-related dispute, our lawyers are here for you.

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Our attorneys have litigated various real estate-related disputes, including:

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• Breach of fiduciary duty

• Defective title issues

• Breach of contract

• Fraud

• Zoning conflict

• Joint venture conflict

• Retail spaces

• Commercial lease disputes

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This is not an exhaustive list. No matter what real estate issue you are facing, our attorneys have what it takes to help you get the best possible resolution in your case.

 

Construction Loans

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At Taylor, Taylor & Taylor, Inc., we understand that taking out a construction loan can be vital to the success of your endeavor. The process of obtaining and negotiating construction loans can quickly become complicated, which is why you need a construction loan attorney to walk you through every step in the process and ensure you understand the commitment you are taking on. We also work to negotiate construction loans on your behalf while keeping your business interests top of mind.

 

Lease-Options

 

Through a lease-option contract, also known as a rent-to-own contract, a tenant who is renting from a property owner has the option to purchase the property at the end of the rental period. However, lease-options are not for everyone.

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Lease-option agreements might be suitable for people who are able to purchase the property at the end of the specified rental period. However, not everyone can pay for such a large purchase and thus might be better off signing a traditional lease.

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If you have questions about whether a lease-option agreement is right for you, speak with one of our seasoned real estate attorneys at Taylor, Taylor & Taylor, Inc. We will review your situation and help you make a decision that works to your benefit. While lease-options can work for buyers who are not yet ready to purchase a property, they can also have financial consequences for tenants who don’t eventually buy the house.

 

Creation and Use of Limited Liability Companies or Corporations

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If you are just forming a business, our knowledgeable attorneys can help you decide what business model best suits your needs. Whether you start a corporation or a limited liability company (LLC), we can help you navigate the business formation process and provide you with legal advice as you begin this new venture.

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One of the most significant benefits of starting an LLC is protection from liability. However, you’re only protected if you abide by certain formalities. By consulting with an attorney, you can prevent careless missteps that could result in legal action against you.

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Some entrepreneurs who start LLCs fail to treat the LLC as a distinct legal entity, separate from the owners, and this can pave the way for entities such as creditors to hold you liable for debts by claiming your assets. Our attorneys will help ensure you never make critical mistakes that put your business and your personal finances at risk.

 

Foreclosures

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Our firm has the necessary skills to guide you through any foreclosure-related matters you are dealing with. Our lawyers have extensive experience representing clients in residential and commercial foreclosure cases. If you are going through foreclosure, our attorneys offer a wide variety of services, including:

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• Foreclosure defense – If your lender has initiated the foreclosure process, our attorneys can defend you in court. We will exhaust every possible legal option to keep you in your home and prevent the lender from repossessing it. We will also explore foreclosure defense strategies that might work for you, including bankruptcy, Truth in Lending Act violations, chain of title, and more.

• Loan modification – If you are unable to make your monthly mortgage payments and are facing the prospect of foreclosure, our attorneys can help you with a loan modification. By modifying your loan, you could reduce the financial burden on your shoulders and prevent your lender from pursuing legal action. We will work tirelessly to help you get the relief you need.

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If your home is in foreclosure, you don’t have to go through the process alone. The foreclosure defense lawyers at Taylor, Taylor & Taylor, Inc. will work to help you find a solution that may allow you to stay in your home.

 

Title Searches and Insurance Issues

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Title searches and title insurance are an integral part of any real estate transaction. While most issues such as mold, flood damage, and other structural issues are typically discovered prior to closing, issues surrounding ownership might not become apparent until much further along in the process. That’s why it’s critical to consult with a real estate attorney who has experience with title insurance.

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Most types of insurance are a kind of safeguard against expenses resulting from injuries, property damage, and other mishaps that have not yet occurred. Title insurance is different. Title insurance safeguards property owners and lenders against claims and unknown incidents that currently exist. For example, if another party claims that they have ownership rights to a piece of property, title insurance would protect you against such a claim.

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However, sometimes title defects are overlooked, which can create major issues for property owners looking to sell, as well as potential buyers. That’s why title insurance is so important. If you are dealing with a property title defect, our attorneys can help you make a claim with your title insurance company. We’ll also work with the insurance company to resolve title defects in a timely manner.

 

Representation at Closings

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If you are a buyer who is about to close on a piece of real estate, and you don’t consult with an attorney, you won’t have anyone present to represent your interests. There may be other attorneys present at the closing, but they are not obligated to act in your interest if you did not hire them. They also might not be able to answer important questions or address concerns you have about the property at that time.

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It is crucial to have an attorney review all of the legal documents before closing to ensure they are properly filled out. An attorney can also ensure that the transaction is legally and financially sound.

If you are a seller, you are also entitled to have legal representation at closing for the same purposes. Our real estate attorneys can help you confidently navigate the closing process, provide you with legal advice, and discuss any reservations you may have about the transaction.

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Contact a Virginia Real Estate Attorney Today

No matter what type of real estate issue you’re currently dealing with, the lawyers at Taylor, Taylor & Taylor, Inc. can provide the legal representation you need. Whether you are a buyer considering a real estate transaction or a developer pondering business formation, our attorneys have the necessary knowledge and resources to walk you through the process, ensure you are in compliance with state law, and ensure your rights are protected.

Contact Taylor, Taylor & Taylor, Inc. today for a free consultation.

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