Got a lead, now what?

[Wes Brumit]

Got a call from attorney friend, (she does family law), says she has clients who need to sell, guessing due to divorce. Gave me the address and said they are looking just to "break even". A little research shows they paid $151,326 in 2007 in a desirable neighborhood, and school district people want. House was new when bought. She didn't give phone number but I could find it if I needed to. She also said they were listing with someone. The home today is valued at around $175,000. No repairs needed. My question is, being that there is little equity in the home, should this be pursued? What do you think "break even" means? If you do pursue it, What strategies would you use? My guess they owe somewhere in the neighborhood of $135000 but won't know until I talk with them. All advice is appreciated. If you think it's something to look at, let me know, I wouldn't mind partnering and learning.