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Author Archives: Scott Baughman

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Unsettled: Who’s upset by the $25B 
foreclosure deal and why (access required)

When the nation’s largest banks, including Bank of America and Wells Fargo, reached a $25 billion settlement with state attorneys general from 49 states this month, some saw it as a way to address the foreclosure crisis. But some say the most remarkable thing about the settlement might be the parts of the foreclosure crisis it ignored.

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On the level: Dale Olson took a break from properties to focus on pitas — until his hunger for real estate returned (access required)

Dale Olson said he was doing well for himself in the Charlotte real estate market during the 1990s. But it didn’t last. Business started to slow, and the Great Recession didn’t help. Then came a health scare. His doctor told him to make some lifestyle changes, so he became a vegetarian, left real estate and started a restaurant with his wife. He didn’t stay away for long. Now he’s a Keller Williams agent with Team Ludlow.

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