July foreclosures up 93 percent vs year ago: survey

WASHINGTON (Reuters) - Home foreclosures rose 9 percent in July from June and soared 93 percent from a year ago as states that once enjoyed a white-hot housing market are now seeing the greatest number of loan failures, a real estate survey reported on Tuesday.

http://feeds.reuters.com/~r/reuters/businessNews/~3/146505223/idUSN2030024220070821

Sunnybrook - Weekend 1

Well, this was a rollercoaster weekend. It started with busting up a cast-iron tub and took way to long and ended with a one-piece tub/shower that wouldn't fit in our bathroom. With all that we did get a ton done. The main bathroom is completely gutted and a new tub is installed with almost all of the green board around the tub. Now we have switched to tile. Funny how things change so fast! Painting starts this week so I really need to take some intermediate pictures.

Opportunities for this week

• Kitchen floor isn't quite level
• Bathroom sub floor is a little spongy

Sunnybrook - Day 2

Just cleaning up the walls and taking off light switches. Not nearly the change as ripping up the carpet.

Sunnybrook - Day 1

Closed today at 3:00 and was taking out some UGLY carpet by 3:30. The whole house is cleaned out and we even started taking out cabinets. Making great progress for the first day.

Starting a flip today

Close on a flip today, I think I will blog the progress so everyone can see how it goes. We think we already have a buyer so the pressure may be off.