How to interpret title report

[Eric Gay]

Hi, all! First post here! I'm doing research on auction.com and some of these properties have title reports attached to them, but they are all different and all equally unintelligible to me. 

For example, one title report says, "Title Grade: D . Reason for grade: Foreclosure deed not recorded 90 days / State specific redemption periods / FC Judgement 90 days / FC Mortgage 90 days."

Googling these terms comes up with nothing for me. I've attached links to two reports that I'm confused about. Is there anything in these reports that would lead me to believe that there are liens or anything that would get passed on to me?

https://cdn.mlhdocs.com/auctions/auctions35979/2679093-ptr.pdf

https://cdn.mlhdocs.com/auctions/auctions35999/2564390-PTR.pdf

https://cdn.mlhdocs.com/auctions/auctions35979/2664635-PTR.pdf

Thank you!

[Wayne Brooks]

When buying reo’s none of this matters in 95% of cases as the property is being sold with clear title and title insurance.  Not sure why auction.com does this but it causes unnecessary confusion.  In the rare cases where the buyer IS assuming some lien, then yes, it matters.  Read the auction terms for the specific property.

Also, use a local agent for help as auction.com automatically pays a commission.