But owners have to be held responsible for their pets' actions.

Will they institute the default rate over a technicality such as missing the completion date by a few months  or will they ignore the default rate because they see the reason for the delay wasn't entirely borrower's fault and borrower  has a plan of action to get the project on track?

But that has its own issues as well including having to do a hybrid foreclosure/ejectment action. 

Of course no one ever knows until it’s in action. 

As the owner of the property that is being severely mismanaged, do I have the ability to move the money directly to my bank through government action?

You’re doing the right thing by jumping in and learning through action.

I am interested in purchasing the property and was wondering my best course of action at this time.

No action by the judge.An investor called me last week to tell me he had approached the foreclosed upon owner and purchased the right of redemption.  

So far, I think one of my biggest lesson on 2024 is that I finally I decided to take an action and started looking for my first real-state property. 

IF the lender does find out the lender can choose what course of action to take.