Purchase for a newbie.

[Marco Padilla]

I am in the process of purchasing an REO property but have now had the closing date moved twice by the bank because of problems with the title. The title company says they cannot insure it due to the bank foreclosing a person who is not the owner. My concern is that I do not want to own a property which I intend on rehabbing onlynto find out I am not the owner. With that being said I am starting to get a bit queasy about the purchase. Any input would be greatly appreciated. Thanks