Auction.com & special warranty deed

[Jeremy D.]

Hello,

I'm thinking about bidding on an auction.com property. The transaction details on the auction.com page for the property says:

"Buyer may receive a Special Warranty Deed or equivalent if Buyer is able to purchase title insurance without delaying the closing (title fees typically cost between $500 and $1500 and are based on the purchase price of the property). If buyer does not purchase title insurance, buyer will receive a Quitclaim Deed or equivalent, with no express or implied warranties of title."

Has anyone purchased a property through auction.com with this clause before? I'll pay for title insurance at close, but if a title issue is found I want to negotiate with the seller. Does the above disclosure mean that they will not guarantee a good title if I go ahead and pay for title insurance and the title company finds an issue?