HOA Quit ClaimDeed For Cash No Warranty of Title worth the Risk?

[José Rivera]

Hello, I have a question on a possible deal........

My HOA has taken record title of a unit and is going to sell via Auction. The HOA is not guaranteeing clear title, only a as is quit claim deed for cash sale. I did some research with at title company and there is an unreleased mortgage in favor of a credit union, the previous owner went bankrupt, the title company would not review the bankruptcy unless I purchase the property. I am new to foreclosures and I am not sure if this is worth the risk. How would I find out if I would be responsible for the "unreleased mortgage" if I were to win the bid for this home? or if the mortgage was released in the bankruptcy? Is this worth the risk?