My guess is that it stayed a 7 and was likely discharged. The owners probably want nothing to do with the house and think they no longer own it due to filing bk. It will be hard to convince them otherwise.
If you're content with waiting for the foreclosure proceedings to complete then your next step should be checking with the county sheriff to see if they have it scheduled for auction. If for no other reason but to keep an eye on it. Once it has sold at auction (especially if it's purchased by the bank which will likely be the case) it will probably take 6-12 months for the bank to list it with an agent. You may want to get a realtor to represent you on the purchase and check the mls regularly for it to be listed. Good luck.
Talk with your attorney or title co. as he/she would be able to tell if the owners filed bankruptcy and where they are with it (assuming it was filed). The BK could have been discharged or dismissed, in which case the owners would be able to sell. The bank would have to agree to the deal IF the house is 'under water' as you did not mention the amount of the mortgage. Nor did you mention if the lis pendens was for a delinquent mortgage or back taxes.
Fell free to contact me. As an investor, and sometimes as a Realtor, I specialize in abandoned and vacant properties. I may be able to give you some added direction. A lot will depend on the legal status of the property as it's recorded in the county recorder's office as well as the reason why it's in foreclosure to begin with. Was it a delinquent mortgage? Death of the owner(s)? Back taxes? Lots of questions here.
Ibrahim S. Hughes
4 Bloomfield Avenue
Bloomfield, NJ 07003
Tel: (908) 578-1981
If it has not yet been foreclosed upon then the "previous" owner is still the current and legal owner of the property. Unfortunately even if they are in the pre-foreclosure and/or foreclosure stage and/or the property is either in bad shape or even abandoned, they do not have to sell it to you. They can just wait until the bank proceeds with the foreclosure and takes back ownership. If and when that happens, the bank will list it with a broker and it will be for sale. In the meantime, even if you were to get in touch with the owner, they would have to see if their lender or lenders will allow the home to be short sold (short sale). Without the help of a local real estate agent and/or attorney experienced in short sales, the owner may probably not even be able to make any agreement with the bank to short sell the property.
With all that being said and I do understand your position but I also understand the position of the current owners who probably do not want to deal with you, investors, companies promising to bail them out of foreclosure, their own lender, etc. The worse thing to do when facing foreclosure is stick your head in the sand but unfortunately many people do so.