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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] 2nd gets wiped off? Two purchase loans, in sequential numbers, same lender Posted by DaveS on April 26, 2008 at 0:02 AM I think this topic has been discussed before, but forget if final agreement has been made. Two purchase loans, in sequential numbers. First go to trustee sale. 1st: $400K 2nd: $100K If they are different lenders, 2nd gets wiped off after trustee sale. But what if both are the same lender? Does 2nd also get wiped off? Do we have final conclusion? I found two cases recently. Any one has experience that can share with? Thanks, DaveS Follow Ups: See past numerous posts on this topic (nt) Ward-CA- 6:39 AM, 04/26/08 (1) Re: See past numerous posts on this topic (nt) DaveS 10:21 AM, 04/26/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I think this topic has been discussed before, but forget if final agreement has been made. : Two purchase loans, in sequential numbers. First go to trustee sale. : 1st: $400K : 2nd: $100K : If they are different lenders, 2nd gets wiped off after trustee sale. But what if both are the same lender? Does 2nd also get wiped off? Do we have final conclusion? : I found two cases recently. Any one has experience that can share with? : Thanks, : DaveS [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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