Since forever, I think, all the SONARs, Music Creators, Pro Audios, et. al. have never been video editors. They will play a video and allow you to record along with it, but you can't move the video, can't slice and dice it, can't add to it. It's just there so you can try to record and sync audio to the video.
That being said, I have never worked with vids except to see how it worked (in SONAR Home Studio, I think it was) years ago. Being a long-time reader of these pages, I have read from others with similar dilemmas and the best solution is to use a dedicated video editor.
What exactly do you mean by "resolution I need to place the words correctly"?