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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
203 days on Owners.com
4836 Anvil Ct
Jefferson, GA 30549
5 Beds
3 Baths
2,487 ft2
$319,990
Owners.com Estimate:
Estimated Payment:$1,202/mo
HOA:$850

Southport Plan on BASEMENT by Paran Homes

New Construction located in the Traditions of Braselton "The Links" section. Amenities include golf course, clubhouse, swim, tennis and fitness center. Open floor plan includes Family Room with wood burning fireplace and bedroom on main. Spacious kitchen with 42" cabinets, granite c-tops, tiled backsplash, stainless appliances and walk in pantry. Hardwood floors on main level. Upstairs owners suite with tiled bath, separate tub/shower & walk in closet. Spacious bedrooms, loft , covered back porch and located in a cul-de-sac!

Property type
Single Family Home
Structure
Two Story
Year built
2019
Parking
Garage - Two, Garage - Attached, Garage - Automatic Opener, Garage, Kitchen Entry Garage
Price/Sqft
$129
MLS #
8574389
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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: 5 | Room Types: Foyer, Breakfast Room, Laundry, Split Bedroom Plan | Basement: Stubbed for Bath, Daylight, Entrance - Internal, Entrance - Outside, Full

Bathrooms

# of Full Bathrooms: 3
# of Half Bathrooms: 0

Interior

Features: Stairs - Rear, Breakfast Bar

Exterior

Features: Deck / Patio | Pool: Community

Building

Property Types: Single Family Home | Year Built: 2019 | Structure: Two Story | Architecture: Craftsman, Traditional | Roof: Shingle - Composition | Siding: Brick - Front, Cement / Concrete | Floors: Wood - Hard, Tile

Garage & Parking

Parking: Garage - Two, Garage - Attached, Garage - Automatic Opener, Garage, Kitchen Entry Garage

Lot

Lot Dimensions: 60x120 | Lot size: 0.18 acres | Lot range: Less than 1/3 Acre | Lot Features: Cul de Sac

Location

County: Jackson | Subdivision: Traditions Of Braselton | Real Estate Area: JKS1 | Directions: Take I-85 to exit 129 (Hwy 53) and go right. Turn left on Hwy 124. Traditions of Braselton will be on the right in about 5 miles. Look for Neighborhood Sales Center at 1st round-a-bout. | MLS #: 8574389

Community

Condo Maintenance: Reserve, Community Pool, Community Tennis Courts | HOA Dues: $850

Appliances

Appliances: Water Heater - Electric, Dishwasher, Garbage Disposal, Microwave - Built In, Range / Oven

Heating & Cooling

Air Conditioning: Electric, Ceiling Fan, Central Air, Zoned | Heating: Electric, Baseboard, Central Heating, Heat Pump | Fireplaces: 1, Fabricated

Utilities & Security

Utilities: Cable - Interior Connections | Water Source: Public Supply | Safety and Security: Smoke Detector

School

Elementary School: Gum Springs | Middle School: West Jackson | High School: Jackson 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

School Information

Property History & Valuation

Local Insights

Listing provided by: Chris Hancock 

Listing courtesy of: Traditions of Braselton Realty |  (678) 726-9646 

Tools for buyers

Data provided by: GAMLS
Last detected update: July 20, 2019 04:58PM EST ~ Verified on November 15, 2019 06:19AM 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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