colt301 wrote:
... Or is this something that I need to purchase Motion to make and then "import" into fcp? ..
although already perfectly answered by our Motion-'guru' Fox M., I like to chime in with an example ...
first of all: I'm no expert (Daddy does movies 😁..) nor a designer - forgive my amateurish 'looks'. Anyhow, for my weekly soccer reports, I built my own set of custom titles & transitions in Motion:

(click to enlarge)
#1 shows a 'stationary title', which is shown all along the project, to inform the viewer 'who vs whom', team-colors, goals ... and some silly 'watermark', I meant for fun (C2 is the 'league' my boys play in).... a checkbox allows to switch btw. 'home' and 'away' sorting...
#2 is a custom built transition (all done in Motion, fake 3D, motion blurr etc..), team logo swooshes in, changes to league number, and hiding a simple disolve btw A and B
#3 my personal masterpiece, needed quiet a while to figure out THAT beast of usability 😝 : a 'scorer' title: lower-third swooshes in, some silly 'glare' rolls along, from side a still of scorer rolls in (and out), a drop zone allows to customize title within FCPX with other teams logo - AND there's a drop-down-menu, I can select the scorer, and that title automatically changes photo and name!...
this and a few more 'in action' for example here: http://youtu.be/WEwURaP02dw
you see, ... needs some time to 'get' the concept behind all that (behaviours? snapshots?? replicators???) ... but the time you invest in making this once, saves tons of time using it hundreds of time in FCPX..
plus, it gives YOUR projects YOUR look ... 😉