It has a rebuilt title. Meaning it was in a wreck, the insurance company decided it wasnt worth fixing for what ever reason and paid it off and the person who originally owned it off. It went to auction as a wrecked car, a salvage re builder shop bought it for cheap, put it back together, hopefully the right way and not with bubble gum and super glue, and resold it with a rebuild title.
The problems with rebuilt cars are:
Some shops do crap works and can give you trouble down the road.
May not have been put together right, and in case of a wreck, may fold up like a acordian.
If done correctly though can be as good as it was when it was new and give you no problems at all. I wouldnt take the car to a mechanic but a reputable body shop in the area and have them go over it to make sure it is structurally sound and put back together right.
Looks like a nice car.