I still have not received a title and it has been over a month.

Sometimes you can't get them permitted to move, most places don't want them, insurance and financing are problematic.  

The last 3 have real estate investing in mind.The Ultimate Guide to Real Estate Investing, and a few other ultimate guides here on Bigger pockets, and Phil Pustejovsky's How to become a Real Estate Investor -I think I have these Titles right- are good sources also.  

The question is:When purchasing properties on Hubzu, are you guaranteed clean title at close? 

I would also talk to your Title Rep and go over the Preliminary Title Report to make sure that the person who is selling is actually the owner.

FHA guidelines allow using collateralized loans (i.e. your 401(k), stocks, bonds, life insurance deposits, other real estate) but not anything that would increase your monthly obligation - so private loans, signature loans, etc. are all out for FHA.

@Michael RobertsIf you purchase a residential property with more than one unit (duplex - quadraplex) and live in one of the units, you may be eligible for a high ratio mortgage insured under FHA or a similar program.  

@Patrick Philip,Well, banks are "flush with cash" these days, but no, they do not have unlimited funds.Also, when banks lend, they impose certain restrictions on the loans, the borrower, the collateral, the terms of the loan, etc. so the note can be sold in the secondary market or be insured by government-sponsored agencies like Fannie Mae, Freddie Mac, etc.Private lenders ("OPM") typically don't write loans to sell them, and typically are interested in the deal rather than the borrower's details.Using OPM down usually means putting some kind of partnership, joint venture, etc. together so the source of the down payment is less of an issue or a non-issue to  the lender(s).Dunno if that helps...

Talk to an attorney and / or title company.

Also watch for flood insurance as it can kill a deal very quickly.