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House status?

Online it is listed as foreclosure (Lis Penden), nobody is living in the house and there is no Realtor sign, and the last time the house was listed for sale thru a Realtor was 2007.  What are the chances that I could buy this house or does it sound like the house is already in the process of being purchased?  If there is a possiblity of buying the what is the process that should be preparing myself for?
Thank you.
  • November 23 2009 - Tampa
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