[StBernard] Baker Plan

[Westley Annis]

I have a potential buyer for my Chamette home.  The offer is for about 50%
of its pre-Katrina value.  I'm trying to figure out if it is benefical to
hold onto the property and get bought out by the Baker Plan at near pre-K
value or sell it now.  Is the Baker Plan for any property holder or ones
without insurance.  Who qualifies?  Did the home have to have a specific
amount of damage?  I need to be informed so that I don't leave money on the
table so to speak.
 
Also, what will be done with the property?
 
Thanks,
Cindy