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Rick Smenner


RE/MAX Preferred Properties
117 Center Park Drive
Knoxville, TN 37922
865-675-8326 Direct Dial
1-800-385-9878 Toll Free/Fax
Rick@TheBigOrangePress.com

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Greater Knoxville Area 2010 July 4th Celebrations


Well once again there are many exciting events this year to celebrate the 4th of July.festivalfourthlogo280

Here in Knoxville it will be in the World’s Fair Park

from 2:00-10:00 pm with alot of events for the family. Here are all the details

Farragut will have it’s annual July 4th parade on July 3rd  from 8:30-11:30. If you are in the area at that time check it out. But also be aware they will have Kingston Pike blocked off at that time.

A fun event in Kingston, TN is their “Smokin’ The Water ” Celebration

It has come to be a local family tradition that includes a parade,drag boat and raft races, children’s activities,classic car shows,vendors and more. Plan to bring your family to this day long event that will end with an outstanding fireworks display over the water.

If you are interested in a celebration like they did in pioneer times you may want to go over to The Museum of Appalachia You can take part in their “July 4th Celebration and Anvil Shoot”.

Lenior City will be having it annual “Rockin’ The Docks” It will be in the Lenior City Park. The activities will start at 4:00 pm with various activities with the fireworks starting at 10:00 pm

I hope everyone has a safe and happy July 4th!! Enjoy yourself and have fun with your families

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Farragut Memorial Plaza Dedication Weekend


Friday, April 30,2010-Sunday,May 2,2010

In my previous post I asked if you notices the changes taking place at The Town of Farragut. Well the big day is almost here for the

Admiral David Glasgow Farragut Bronze Statue Dedication.

Sunday, May 2 at 4 p.m.

Music by the Farragut High School Band at 3:45

Light Refreshments and Museum Tours Follow the Dedication

Other Events During The Weekend.

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What Was GMAC Mortgage Thinking…..????


Well I just had the most upsetting transaction I was working on for one of my sellers. And what happen to us just goes to show you how out of touch our government is with the crisis going on in the housing market.

Here is what happen to one of my seller…. My seller began having trouble keeping up with their mortgage payments last fall. So they did the responsible thing and contact their lender GMAC Mortgage.  They over the next 9 months they tried to work out a loan modification with GMAC.  After completing the paper work  4 months later they where turned down for the loan modification. So GMAC told them to submit the paperwork again and they would reconsider it a second time. So my seller did it again and was turned down a second time.

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Spring Is Finally Here In Knoxville….


After a very long winter here in Knoxville we are finally starting to get some GREAT Spring weather. Leslie and I decide to go down to Market Square in downtown Knoxville and have some lunch. We went to Oodles Uncorked and sat outside and had a very relaxing lunch outside. Market Square was pack with people relaxing and enjoying the day.

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As Gas Prices Rise, Home Affordability Wanes Will It Hurt Knoxville Area Home Sales?


Gas price breakdown from DOE.govWith crude oil at its highest levels since October 2008, retail gas is up 8 cents per gallon this week.

It’s bad news for home buyers and mortgage rate shoppers.  The same force that’s driving oil higher is linked to rising mortgage rates.

We’re talking about the weakening U.S. Dollar which is now at its worst levels versus the Euro in 15 months.

Crude oil is priced in U.S. dollars, by the barrel.  When the dollar loses value, more of them are needed to buy the same barrel of oil.  As a result, predictably, the price of crude oil goes up.

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Rick Smenner Is The First RE/MAX Agent In Knoxville TN To Earn CDPE Designation


RICK SMENNER EARNS PRESTIGIOUS DESIGNATION TO HELP KNOXVILLE HOMEOWNERS IN DANGER OF FORECLOSURE

Rick Smenner of RE/MAX Preferred Properties has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure CDPE Logoavoidance and short sales. This is invaluable expertise to offer at a time when the area is ravaged by “distressed” homes in the foreclosure process.

Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, this can save many people from foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures.

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