A Lis Pendens means that someone has filed a claim against the property. This will prevent the property from transferring title until it is cleared. Your local Real Estate Professional and their team should be able to find out the details.

The first step would be to locate the owner and see if they want to sell. The lender will not speak to you without the owners consent and has no power to do anything anyway until after they foreclose.
If you do find a winner, you're likely looking at a short sale unless by chance the owner is not upside down. Then I would recommend getting a goos short sale realtor involved to negotiate this with the lender.

1st step are you approved for a loan? If not you need contact a mortgage broker in area for lender statement you are qualified purchase home.

Contact a Trulia agent local to area, or google search for a Realtor

Not all sites require monthly fees publish accurate information, most have outdated info and etc.

A Realtor can interview you, copy of lender specifications forward you updated listings via MLS

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Lis Pendens just means that action has been filed against the property/owner. It is still owned by the individual. So you would have to talk with seller-but I have found that most properties listed like this on those foreclosure sites are anywhere from 30 to 120 days behind the actual step in the process. Meaning this house could have actually already gone through the foreclosure process, it just hasn't been changed on their site.
Contact a local Agent and they can give you more information about a particular property. Also if it is still in process-the agent would be a great asset in negotiating a short sale buy with the owner-before it goes to auction.
Good luck!

AIJ,

Contact a local real estate professional for the best information. They will be able to advise you about the value of the property and guide you through the purchase process.