Never played against Villain before and we're thirty minutes in. Table's been pretty straight forward so far with few big pots, although have spotted villian raise a few times preflop and take it down on flop.
Party Poker No-Limit Hold'em, $2 BB (6 handed)
Button ($200.00)
SB ($128.04)
BB = Hero ($260.60)
UTG ($41)
UTG+1 ($81.15)
Cut-off = Villiain ($235.85)
Preflop: Hero is dealt

UTG folds, UTG+1 folds, Villian raises to $7, Button folds, SB folds, Hero reraises to $20, Villian calls.
Flop: ($38.95)

(2 players)
Hero bets $26.75, Villian raises to $53.50, Hero calls.
Turn: ($145)

(2 players)
Hero checks, Villian bets $125
(1) What do we do here?
(2) Would you have played the hand differently?