questions on property auction

I am interested in a condo from auction.com, and already registered to bid on it. I got some questons, hoping the experts in this forum can help?

I talked to seller agent today, he said it is bank owned property, the title is already cleared. Can I trust him? Is it normal the property is put on auction even if it is already bank owned? 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?

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?

thanks in advance!

所有跟帖： 

• 想帮你， 却不知从何谈起。你先好好的读一下sale contract before doing anything. -houstoncs- ♂ (0 bytes) () 12/18/2013 postreply 21:24:32

• 最後過戶總會clean the title,要是不title insurance咋能買得到。平時白菜房也十有9點九都是quit -Mrskwok- ♀ (0 bytes) () 12/18/2013 postreply 21:42:34

• 回复：questions on property auction -planotx- ♂ (849 bytes) () 12/19/2013 postreply 01:35:00

• 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