Hoover Penrod assists individuals and businesses throughout the Shenandoah Valley with a wide range of real estate needs. We conduct thorough title examinations and document preparation, negotiate contracts, and litigate disputes.
With decades of experience helping buyers and sellers across Virginia, our attorneys can provide you with solid legal advice and representation for all of your real estate needs.
Our Real Estate Law Services
Real Estate Closings & Contracts
Buying or selling any type of property is a major financial decision. It is important to make sure contingencies and key contract terms are addressed. For many people, this process is intimidating. We have decades of experience helping property buyers and sellers throughout the Shenandoah Valley complete their real estate transactions with confidence.
When you come to Hoover Penrod, we will take several steps to protect your interests – including examining title records for liens, judgments, conveyances, unpaid real estate loans, and other potential clouds on the title. We will scrutinize charges to ensure they are consistent with estimates, provide updates of facts that affect the property interest, and counsel you if any difficulties arise during a closing.
Real Estate Loans & Refinancing
The real estate attorneys at Hoover Penrod routinely help residential and commercial property owners explore their financing options. We also assist with refinance loans, loan modifications, and other lending issues.
We regularly help buyers with real estate contracts and closing negotiations, as well as the drafting and review of lease agreements and sales agreements for properties such as office buildings, primary residences, vacation homes, and retail space.
We are also experienced in handling tax-free exchanges and working with construction loans.
Sometimes problems arise during the process of applying for a loan. We have extensive experience resolving matters involving:
- Adjustable-rate loans
- Short sales
Commercial Real Estate
Our real estate attorneys have handled commercial real estate transactions in the Shenandoah Valley for decades. From zoning and development concerns to general contract issues, we provide legal guidance to identify and avoid potential problems.
If you want to acquire or exchange a commercial property – or if you already own a business property that needs to be protected – we can help you. To serve the evolving needs of our business clients, we handle a complete range of commercial real estate issues, including:
- Purchase and sale
- Commercial leasing
- Zoning and development
- Commercial development projects (e.g., shopping centers and business parks)
- Residential development projects
- Construction lien disputes
- Structuring the transaction
Our real estate attorneys work closely with business professionals to draft transactional documents tailored to your company’s unique needs, limiting liability and identifying tax advantages to achieve the most favorable terms. We also help institutional lenders and borrowers draft and negotiate complex loans in multi-million-dollar commercial real estate sales and purchases. We also actively represent small businesses with funding from the Small Business Administration.