# what happens to the second loan **URL:** \ **Category:** Foreclosure Investing\ **Created:** [June 8, 2010, 2:01am UTC](https://community.propertyradar.com/t/what-happens-to-the-second-loan/1310 "2010-06-08T02:01:44Z")\ **Posts on this page:** 3\ **Page:** 1
**Author:** ![Juan\_A\_Munoz](https://avatars.discourse-cdn.com/v4/letter/j/f0a364/32.png) [@Juan\_A\_Munoz](https://community.propertyradar.com/u/Juan_A_Munoz)\ **Post date:** [June 8, 2010, 2:01am UTC](https://community.propertyradar.com/t/what-happens-to-the-second-loan/1310/1 "2010-06-08T02:01:44Z")
If there are 2 loans on the property and I see that loan # 1 is in position number 1, who is responsible for loan # 2. Is loan number 2 paid off, or does the buyer have to pay it off. ---
**Author:** ![Mark9](https://avatars.discourse-cdn.com/v4/letter/m/b5a626/32.png) [@Mark9](https://community.propertyradar.com/u/Mark9)\ **Post date:** [June 8, 2010, 4:24am UTC](https://community.propertyradar.com/t/what-happens-to-the-second-loan/1310/2 "2010-06-08T04:24:17Z")
Juan, It sounds like loan # 2 is in second position and I will assume that it is loan #1 that is going to trustee sale. If that is the situation, then once loan #1 is sold at auction for less than the published bid then loan #2 is wiped out and need not be paid off by anyone. ---
**Author:** ![Nina](https://avatars.discourse-cdn.com/v4/letter/n/e68b1a/32.png) [@Nina](https://community.propertyradar.com/u/Nina)\ **Post date:** [June 9, 2010, 5:55am UTC](https://community.propertyradar.com/t/what-happens-to-the-second-loan/1310/3 "2010-06-09T05:55:43Z")
How about HOA fees on default? My condo is about to be auctioned in 2 days and the HOA is silent… It did not filed a lien and has not even send me monthly statements for a while… How can I ask them to ask / arrange to be paid with the investor in this auction?