title service before participation in auctions

[Sam Leon]

So I am looking at a couple of auctions, not foreclosure auctions, these are already bank owned and available via sites such as homesearch.com.

I need to do some title search on these.

Is an O&E report all I need or I need a full title search?

I noticed some firms offer a variety of title search services at varying prices.

For example single owner report, two owner report, 30 year report, or from the last good deed etc...

I remember last time I looked into this the searches are $150 or so, now I see prices of $49, another one charges $35. Have the prices come down in the last six months or so or they just came up with creative packages that are less useful?

I assume these reports are not guaranteed, basically quick broadstroke searches and if you find out later something is missing they won't stand behind them?

Better to use national chain ones or local ones? Although if I type in a local city and title search and Google still pulled up domains that sounds like a local firm but are indeed natipnal.

I do see some offer a volume discount where you can pay for 10 in one shot.