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A tight spot... (by KC):

royinec wrote:

My book of home ownership states I must let them (whorver that is) know about the details of pending sale,just in case they want to buy it back (right).

This is customarily known as "right of first refusal", often abbreviated ROFR. In effect, it means that if you find a buyer, the developer (or in this case, the current, second tier investors) can choose (or decline) to step in and buy it from you instead, at the same price as your other would-be buyer. You might think this is unlikely to occur, but don't be too sure. If you can only get offers representing a small fraction of what you originally paid, the developers / investors might very well choose to exercise ROFR. After all, doing so would mean their being able to sell that same package ALL OVER AGAIN to someone else --- at full retail price! In either case, however, it remains YOUR responsibility to first find that (likely elusive) willing buyer for the package. Unfortunately, the checkered history and shaky finances of that whole Neptune fiasco will make finding a buyer much more easily said than done....