# On an 80/20 purchase, where both mortgages record on...

**URL:** <https://community.propertyradar.com/t/on-an-80-20-purchase-where-both-mortgages-record-on/1811>\
**Category:** Foreclosure Investing\
**Created:** [April 15, 2009, 1:29am UTC](https://community.propertyradar.com/t/on-an-80-20-purchase-where-both-mortgages-record-on/1811 "2009-04-15T01:29:54Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![rick1](https://avatars.discourse-cdn.com/v4/letter/r/dc4da7/32.png) [@rick1](https://community.propertyradar.com/u/rick1)\
**Post date:** [April 15, 2009, 1:29am UTC](https://community.propertyradar.com/t/on-an-80-20-purchase-where-both-mortgages-record-on/1811/1 "2009-04-15T01:29:54Z")

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On an 80/20 purchase, where both mortgages record on the same day, does the 20 still go away if the default is on the frist and purchased at auction?

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**Author:** ![Sean\_OToole](https://yyz1.discourse-cdn.com/flex029/user_avatar/community.propertyradar.com/sean_otoole/32/4_2.png) [@Sean\_OToole](https://community.propertyradar.com/u/Sean_OToole)\
**Post date:** [April 17, 2009, 6:05pm UTC](https://community.propertyradar.com/t/on-an-80-20-purchase-where-both-mortgages-record-on/1811/2 "2009-04-17T18:05:42Z")

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Yes - so long as the 20 was recorded after the 80. You can tell by the document numbers. The loan you think is the second should have a higher document number then the loan you think is the first. Never assume - some people have taken small firsts and large HELOCs thanks to pay off your home quick strategy that was being touted on the internet for a while.