# What happens to the second if you buy the 1st TD?

**URL:** <https://community.propertyradar.com/t/what-happens-to-the-second-if-you-buy-the-1st-td/1120>\
**Category:** Foreclosure Investing\
**Created:** [March 19, 2009, 6:22pm UTC](https://community.propertyradar.com/t/what-happens-to-the-second-if-you-buy-the-1st-td/1120 "2009-03-19T18:22:35Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![aileen](https://avatars.discourse-cdn.com/v4/letter/a/b5a626/32.png) [@aileen](https://community.propertyradar.com/u/aileen)\
**Post date:** [March 19, 2009, 6:22pm UTC](https://community.propertyradar.com/t/what-happens-to-the-second-if-you-buy-the-1st-td/1120/1 "2009-03-19T18:22:35Z")

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What happens to the second if you buy the 1st TD?

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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:** [March 20, 2009, 1:03am UTC](https://community.propertyradar.com/t/what-happens-to-the-second-if-you-buy-the-1st-td/1120/2 "2009-03-20T01:03:11Z")

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Wiped out. They no longer have any claim to the property. The loan does remain outstanding against the homeower, and the 2nd may have the right to pursue collection from the homeowner unless it was a purchase money loan.

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**Author:** ![xmwu20061](https://avatars.discourse-cdn.com/v4/letter/x/71c47a/32.png) [@xmwu20061](https://community.propertyradar.com/u/xmwu20061)\
**Post date:** [May 20, 2009, 3:33am UTC](https://community.propertyradar.com/t/what-happens-to-the-second-if-you-buy-the-1st-td/1120/3 "2009-05-20T03:33:03Z")

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Do? you mean the current homeowner or previous homeowner?? Thanks.

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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:** [May 20, 2009, 5:34am UTC](https://community.propertyradar.com/t/what-happens-to-the-second-if-you-buy-the-1st-td/1120/4 "2009-05-20T05:34:00Z")

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I meant the holder (lender) of the 2nd trust deed gets wiped out, and that the loan remains outstanding against the prior homeowner (the one who’s name is on the loan).