However, as the economy collapses (an absolute certainty), times will become more desperate and the government will take more radical action.

People are feasting off of hungry/ desperate people.

Having said that, I have very little means to help them and help is what they desperately need.I am asking if there is anyone in the New Orleans area that would be willing to donate time and or materials to help rebuild.

That's exactly why an agent who takes a listing from a desperate seller and sells it significantly below market opens the door to legal issues.

...or you could just find DESPERATE sellers and then you wouldn't have to play any of these games.Mike

I guess they are just desperate.

Desperate sellers may have been adjusting prices more aggressively, but I don't think this is happening widely yet.By the way, the Bank of Spain (BoS) has officially requested surveyors to adjust their valuations down on a preventive 10%.

If I do not check my email for one day, the next day I open my inbox there are 8 to 24 leads waiting to be opened.And if I go out for a weekend escapade... when I get home there will be 12 to 36 leads in my inbox, getting angry calls from sellers all pissed off because we didn't answer them  within 24 hours all desperate for their offer.Does cold calling do this for you?

All while giving the community something they desperately need. based on our pro-forma, if this is converted to an affordable housing project it's looking like somewhere in the $30-32M range keeping in mind this is a hold of at least 50 years as affordable.  1.

That explanation shouldn't be either of the following in my opinion: a) bad/low quality, b) scam, c) the developer doesn't know what he's doing or d) they can't sell and are desperate.