Bankruptcy Sale Help (Trustee Deed)

[David Roberts]

I came across a bankruptcy sale. The house has already gone to auction and sold, but for much, much less than this house will sell to on the MLS.

The listing agent is still accepting offers.  I want to put an offer on the house.  As I was reading one of the addendums it states that the title transferred will be a TRUSTEE DEED.

I didn't remember much from my realtor classes on this so I googled it, and it seems like it's a quit claim deed but from a court and that's about it (it doesn't protect me whatsoever from other liens that might be on the house).

How do I go about protecting myself here?  Do I need to put in the PA that I wish to purchase title insurance?  Do I NOT need to be worried that some other lien might be attached?

All I've done thus far is go to the city records and the taxes appear to be in good standing.