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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
195 days on Owners.com
18 Placid Woods Ct
BALTIMORE, MD 21234
4 Beds
3 Baths
2,495 ft2
$449,900
Owners.com Estimate:
Estimated Payment:$1,689/mo

Privacy, Privacy, Privacy

This beautiful 4 bedroom 2 1/2 bath colonial sits on a mostly wooded, flag pole lot that backs to a county park. A maintenance free deck and screened in back porch with hot tub make the most of the privacy. Numerous upgrades including professional landscaping, new hardwood floors, tankless hot water heater, top of the line HVAC system, new carpet, new roof and a 2 car side entry garage with multiple car driveway complete this gorgeous home. A beautiful master suite with walk-in closet, sitting area, and a new stunning master bath provides a relaxing getaway. Open floor plan with 9/10 ft ceilings, upgraded kitchen which hosts corian c-tops, island, & stainless steel appliances. The gas fireplace and beautiful view of woods makes entertaining a pleasure. Home has been freshly painted throughout and has crown moldings and chair rails. Don~t miss this spectacular home close to a community pool and county parks. Priced below appraised value- won~t last long at this reduced price! Seller is willing to look at all reasonable offers!!! * Make an offer!!

Property type
Residential
Structure
Three or More Stories, Story - Main, Story - Upper 1
Year built
1997
Parking
Driveway - Asphalt, Driveway - Shared
Price/Sqft
$180
MLS #
MDBC456142
Lot Size
18662 sqft
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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 | Room Types: Living Room, Dining Room, Bedroom(s) - Master, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Sun/Florida Room | Basement: true, Unfinished

Bathrooms

# of Full Bathrooms: 2
# of Half Bathrooms: 1

Interior

Features: Ceiling - Fan(s), Chair Rail, Crown Moldings, Floor Plan - Traditional

Exterior

Features: Hot Tub / Spa, Deck, Living Structures - Screened, Above Grade, Below Grade

Building

Property Types: Residential | Year Built: 1997 | Structure: Three or More Stories, Story - Main, Story - Upper 1 | Architecture: Colonial, Detached | Roof: Asphalt, Shingle - Composition | Siding: Vinyl | Floors: Carpet, Wood

Garage & Parking

Parking: Driveway - Asphalt, Driveway - Shared | Garage: true

Lot

Lot size: 0.43 acres | Lot size: 18662 sqft | Zoning: RESIDENTIAL

Location

County: BALTIMORE-MD | Subdivision: PLACID WOODS | Directions: Harford Rd. to a left on Placid Ave. to a left on Placid Woods Ct. | MLS #: MDBC456142

Appliances

Appliances: Microwave - Built In, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Ice Maker, Refrigerator, Stainless Steel Appliances, Stove, Washing Machine

Heating & Cooling

Air Conditioning: Electric, Central Air | Heating: Gas Heating (Natural), Forced Air | Fireplace: true, 1, Gas/Propane

Utilities & Security

Utilities: Hot Water - Natural Gas, Hot Water - Tankless, Electric Service - Circuit Breakers | Sewer Service: Public Sewer | Water Source: Public Supply

Accessibility

Accessibility: #NONE

School

School District: BALTIMORE COUNTY PUBLIC SCHOOLS

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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Price History

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Price
Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Robert A Commodari 

Listing courtesy of: Keller Williams Gateway LLC 

Bright MLS

Tools for buyers

Data provided by: Bright MLS
Last detected update: October 14, 2019 07:05AM EST ~ Verified on November 04, 2019 08:32PM 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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