Want to use auction.com for property in Oklahoma. concerned about having a clear title.

[Nancy H.]

What does the following mean?  This is in a property I would like to bid on Auction.com.  Does this mean that I have the option to buy title insurance, before I close?  What are the steps in getting title insurance?  Any advice would be appreciated.

• 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.