first off get the hatch. youll be happier ive owned both cars.
secondly if the title has a lien on it of any kind he cant sell it because it doesnt belong to him until he pays of the amount owed and then has it released to sign to you.
only bond a title that your 100% sure is good. carfax is good. i had to title bond my truck. i carfaxed and it was good to go. the police will need to come out and run the vin and fill out paperwork for you. and i was told by the officer if it comes back anything other than clear you go to jail for either posession of stolen property and or receiving stolen property.(and since the value is over 500 its a felony in ga) then you have to wait up to 3 months to get the actual title back. but you can get it tagged with the bonded paperwork. and the cost is based on a % of the value of the car or 100 bucks which ever is greater.
hope this helps you.