Dear NHORA Members;

On Cinco de Mayo we celebrated the National and Regional Installation of the National Hispanic Organization of Real Estate Professionals Officers and Board of Directors. This marked a historic moment for our organization. We are well on our way as a national trade association that will enable and support us at the Santa Clara Chapter to provide wonderful opportunities for everyone. Our previous luncheons have proven to be exceptional, providing an itinery rich in content in an environment filled with enthusiasm and camaraderie.  

Join us on Wednesday, May 19th at Maggianos at Santana Row to hear our distinguish speaker Michael Thompson, CPA who will be discussing the Tax consequences of a Short Sale under the new HAFA program. In addition he will share with you California's debt cancellation tax relief for homeowners (SB 401) and how a real estate practitioner can protect them from potential liability surrounding these challenging aspects. We will have a question and answer period, therefore bring all your unanswered questions. Mark the date down on your calendar and plan to be arriving early by 11:30am. We are again anticipating a sold out event and request that you pre-register in order to secure your seat.

We are involved in numerous initiates and one that will be soon deployed in the Santa Clara County is "believes in a Place call Home". The initiative is a partnership between an certify HUD non profit agency, lender and Home Steps, which will freeze up numerous Freddie Mac assets and give priority to potential buyers that attend a workshop. In addition, the buyer will receive 4% credit on any Freddie Mac asset up to 6 months.  We will have a presentation regarding this wonderful opportunity and how you can get involved. You won't want to miss the details.

There is a story of a father who kept one can of WD-40 in the house and another in his car. It seemed it was the be-all and en-all for almost every mechanical problem. But what is WD-40? It literally stands for Water Displacement 40th attempt! In 1953, chemist Norm Larsen was attempting to concoct a formula to prevent corrosion, a task which accomplished by displacing water. Larsen's unyielding tenacity and persistence paid off when he perfected the formula on his 40th try. A similar story is written about a Gentile woman who had this same kind of persistence. She had a daughter with a violently and cruel illness with no hope of ever seeing her daughter normal, she had heard about Jesus' power and miracle. Against all odds, she pushed her way through to receive healing for her daughter. She had Chutzpah (khoot-spuh), a Jewish/Hebrew word for headstrong, persistence, unyielding tenacity, bold determination and raw nerve.

NHORA will move forward with persistence and unyielding tenacity and bold determination.

Chutzpah,

Gema Smith
President
Santa Clara Chapter