House for sale, lis Pendens owner bankruptcy file.

[Taylor Vallies]

I just got my interest peaked in my crazy online search for and affordable real estate investment but haven't the slightest clue as to if I should even begin to peruse just for informational purposes or actually roll up my sleeves and go for it. I may possibly be on to something, or I may be on to something I shouldn't bother with.

 House for sale for quite a bit less than County Appraiser value. Owner filing bankruptcy, one loan found on home. Lis Pendens already noticed.  

Should a foreclosure agent be contacted for further info? What do I specifically seek to know wether or not I should even attempt to get this into contract? 

Any insight or advice would be appreciated and would like to hear what you with more knowledge in this matter would do,