Quit Claim & Warranty Deeds

[Austin Ralls]

I've come across a couple of banks selling foreclosed properties through quitclaim deeds and am looking for advice on how I should proceed as this would be my first time dealing with this kind of purchase arrangement. I have read that most quitclaim deeds are unable to obtain title insurance so it's always best to have a title company run a report and make sure the title is free and clear. The ones I've found for sell have utility liens and backed taxes on them, so I'm wondering if these properties would be a great investment after paying those liens off or if there could be hidden issues that would pop up and cost me more in the long run. Any advice would be great.

Thanks,

-Austin