Is there a chance to lose all your enchantments when enchanting an item?

Question

In the first game, there was only one enchanter in the game who could enchant your items as many times as you want if you had the money and were brave enough to chance at losing all your enhancements. The more you enchant an item, the more likely that he'd screw it up and you lose your enchantments on that item forever.

Fast forward to the next game, you have a limited amount of enchantments that can be applied to an item but you now have the option to remove enchantments for some money.

Is there a chance that attempting to enchant an item now can remove all enchantments on your item?

I've saved up enough money to enchant my best weapons so I will be enchanting as much as I can. I'd just hate to lose everything.

Answer 1

Enchanting is very different from what was found in Torchlight 1. Enchanting adds magical properties that can also be removed (deliberately) by an enchanter. But enchanting can no longer wipe an item; that is, enchanting cannot affect existing stats in any way. The removal mechanic exists so you can spend gold to get an item "just right".