Running a title search would probably confirm if the property is included in a bankruptcy. 

If you think you will go FHA and then Quit Claim the property, to a LLC you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

You would then be stuck trying to sue the seller, title company, RE agents, etc. to try to recoup your $500 loss because you got bad info at closing.This type of hypothetical situation (and many others) can be avoided with an estoppel from the tenant prior to COE.Is it likely that you got bad info on a duplex?  

My name is Corey Will, and as the posts title says, I am a new guy in the world of real estate. 

Free and clear.Property titled in name of Mary Smith only, a married woman.Mary dies, husband receives a life estate, mother's natural children from previous husband inherit the "Remainder".Husband, who has a life estate, accumulates $150k in IRS liens.Do the IRS liens attach to the property in any way?

Sometimes we see the lender reopen the case because they forgot to name a junior lien holder, and figure it out when they do the title search to resell it as an REO.

There were no commissions or other costs, except the usual title and recording fees.

In a reverse exchange you locate your replacement property first and buy it in a specific manner using an exchange accommodating title holder set up by your qualified intermediary.  

Your foreclosure will not pass good title until you redeem from the tax sale.  

Apparently, the lien is a tax/water/sewer lien, and according to the owner, there are no other lien's on the property, but would it be prudent to get a title search on the home?