About Rick Category

Costco Comes to West Knoxville


Costco Site in FarragutPlans are currently in the works for a Costco in Knoxville. The proposed site is located in the Town of Farragut, near the intersection of Lovell Road and Kingston Pike.

For many years, there have been rumors about Costco coming to Knoxville. In 2008, there was even an online petition started in hopes that it would lure the company into coming to Knoxville. It seems, though, the rumors are finally true.

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Written by Kati Smenner | Discussion: No Comments »

Knoxville’s 2010 Race For The Cure Was A Huge Success


KomenLogoLeslie and I attended The Race For The Cure here in Knoxville today. It was a beautiful fall morning a little brisk out but bright and sunny. We have been attending The Race for 17 years now. Since Leslie was diagnosed in 1991 with breast cancer we have been strong supporters of The Race since the first one she helped get off the ground in Toledo in 1993. We talked this morning about the first race in Toledo that had about 500 people attend which was one of the early ones around the country. Since that time The Race for the Cure has grown enormously everywhere. It was a very moving experience today in downtown Knoxville to see over 16,000 plus people support the movement. If you have never been to The Race for The Cure I would encourage you to attend one and see all the women with their pink on at the race. It is a moving experience to be part of one of these events.

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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

Written by Rick Smenner | Discussion: No Comments »

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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Written by Rick Smenner | Discussion: No Comments »

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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Written by Rick Smenner | Discussion: No Comments »

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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