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ALTISOURCE ANNOUNCES WIND DOWN AND CLOSURE OF OWNERS.COM TO INCREASE FOCUS ON CORE BUSINESSES

Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close Owners.com’s operations. The Company believes that closing Owners.com supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

"Owners.com has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing Owners.com is in Altisource’s best interests given the time horizon and level of additional investments needed in order for Owners.com to operate independently. I am proud of the very talented and dedicated Owners.com team and want to thank them for their contributions."
ACTIVE
212 days on Owners.com
68 Barberry Pl
Helen, GA 30545
4 Beds
4 Baths
2,941 ft2iSource: Owner / Seller
$449,000
Owners.com Estimate:
Estimated Payment:$1,686/mo
HOA:$803, Annually

Exquisite view, style & design

Just minutes from Cleveland/Helen & State Parks, trout fishing & waterfalls. New kitchen upgrades will make any cook want to call this home. Tinted glass overlooks gorgeous view of Mt. Yonah. Spacious rooms & spacious decks. Oversized 2 car garage & workshop are attached to the house. 4 generous bedrooms & 3.5 baths make this a comfortable home. Most furnishings included with the house. Other special features include: generator, 3 gas fireplaces, heated floor in Master Bath. Office off Master Bedroom, Laundry room on every level.

Property type
Single Family Home
Structure
1.5 Stories
Year built
2002iSource: Not Available
Parking
2Garage
Price/Sqft
$153
MLS #
6546278
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My NotesiThis is a place for you to write your thoughts and notes about this home. Only you will be able to see the notes.

My Home Features

Rooms

Bedrooms: 4
Virtual Tour: virtual tour | Room Types: Den, Great Room - 1 Story, Living Room, Study / Office, Workshop, #OTHER | Basement: #NONE

Bathrooms

# of Full Bathrooms: 3
# of Half Bathrooms: 1

Interior

Features: Ceiling - Beamed, Breakfast Bar

Exterior

Features: Fence - Back Yard, #NONE, Deck | Pool: #NONE

Building

Property Types: Single Family Home, Residential | Year Built: 2002 | Structure: 1.5 Stories | Architecture: Cabin, Craftsman | Construction: Frame, Log | Condition: Resale | Roof: Metal | Floors: Tile - Ceramic, Wood - Hard, #OTHER | Windows: Insulated

Garage & Parking

Parking: Garage, 2

Lot

Lot Dimensions: X | Lot size: 4.0300 acres | Lot Features: Landscaped, Sloped, Wooded

Location

County: White | Subdivision: Huckleberry Hills | Real Estate Area: 275 - White County | Directions: From Cleveland go North on Hwy 129 for approx. 3 miles then right on Alt. 75 for approx 4 miles. Turn right onto Huckleberry Hills Road and go 2/10 mile then right onto Barberry Place. 2nd house on the right. | MLS #: 6546278

Community

HOA Dues: $803/ Annually

Appliances

Appliances: Dishwasher, Dryer, Water Heater - Electric, Microwave, Refrigerator, Washing Machine

Heating & Cooling

Air Conditioning: Central Air | Heating: Electric, Heat Pump | Fireplaces: 3, Factory Built, Gas Logs

Utilities & Security

Utilities: #NONE | Sewer Service: Septic - Tank | Water Source: Private | Safety and Security: #NONE

Accessibility

Accessibility: Accessible Entrance

School

Elementary School: Tesnatee Gap | Middle School: White County | High School: White County

Owners.com Estimated Value

We calculate the Owners.com Estimate by analyzing sales for nearby similar properties. We use the best data sources, including MLS and county records to generate insights into the property value. You can even create your own estimate by selecting comparable sold listings.

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Source: County(Public) Records

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Local Insights

Listing provided by: Teressa Holtzclaw 

Listing courtesy of: Fourth Mountain Real Estate |  (706) 878-4044 

Tools for buyers

Data provided by: First Multiple Listing Service
Last detected update: October 15, 2019 09:05AM EST ~ Verified on November 04, 2019 09:01PM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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