I think you are correct.

If worse comes to worse and you purchase the property based on what the seller gave you and then later find out, those documents were not correct, you have legal rights to take steps against the seller.

Thanks for replying Gavin and Chris. 

@Angelo Pozzuto Most likely you also lost title insurance if you operated the title transfer through a quit claim deed.Nevermind the DOS clause, if the worst comes your way and the bank hits you with a letter, you just have to deed the property back in your name and DOS issue is corrected.

When we find out our info isn't correct my job is to correct it.

@David Bardwell thank you for the reply.

The companies that will insure them still need to have the title company make sure the foreclosure was done correctly.

I want to make a correction @Marci Stein that the property is actually north of Liberty, in Parksville, NY. 

The son made all the repairs to the unit which at times were not correct.

As long as it's utilized correctly, under leveraged, and viable from a financially defensive position, you can create tremendous growth - faster than you otherwise would have.