I have posted several previous times about one of my sons that was killed in an ATV accident in the Nephi area 2 months ago. I and my daughter-in-law's father are attempting to try and help tidy up the estate.

The question I have regards a building he owns in Washington, Utah. It is an industrial duplex with both sides rented for approximately $1600 each per month. Those buildings have been selling for anywhere between $450,000 and $490,000.

My daughter-in-law is attempting to refinance the building at a lower interest rate with a non-cash out loan. The current loan was written on a 20 year amortization at 5.75% interest and the current balance is approximately $212,000.

The problem may develop in the fact she has not gone back to work yet. She does have rent from the two units and Social Security income for herself and two minor children.

I would appreciate information as to whether this looks like a possible loan and feel free to board mail me or reply.

Thank you.
Grandpacoug