回复：questions on property auction

->  I talked to seller agent today, he said it is bank owned property, the title is already cleared. Can I trust him?

yes.  you will get title insurance.

-> Is it normal the property is put on auction even if it is already bank owned?
Yes, Auction is just a way to sale. 


-> He also said the buyer will get grand deed, but on auction.com, it said buyer will get QuitClaim deed. If it is bank owned, does that mean I don't need to run title search?

True.  you will get title insurance.

-> If I am going to do title search before the auction, is the online web site trustworthy? such as ustitlerecords.com. Is it as good as the title report from title company?

Waste of money and efforts IMO.

所有跟帖： 

• Jessica and cheap -Woodfox- ♂ (0 bytes) () 12/19/2013 postreply 06:47:38

• 我的意思，解释得很清楚。 -Woodfox- ♂ (0 bytes) () 12/19/2013 postreply 06:48:51