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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
202 days on Owners.com
5544 Waterloo Rd
COLUMBIA, MD 21045
4 Beds
3 Baths
2,273 ft2
$324,999
Owners.com Estimate:
Estimated Payment:$1,220/mo

A single family detached home on almost 1/2 acre in Howard County for under $300,000? YES! The most convenient location in Columbia

This cute 4 bedroom 2.5 bath home is magnificently sited on top of a knoll with great views of the surrounding countryside. TOP Rated blue ribbon public schools and nearby shopping like Wegmans and Starbucks. Great location for commuters with simple and easy access to major commuter routes like 100, 95,175 and 32. Plenty of parking for all your vehicles and toys. No HOA or Columbia Association fees or rules to deal with! Relax on the covered porch and watch the deer graze at sunset or make it the perfect spot for a summer cookout with family and friends. Economical and comfortable gas heat, hot water and cooking. Tons of storage space in the lower level with an additional bonus room. Main level bedrooms and bath mean no stairs to climb. Large eat in kitchen with plenty of table space for holiday gatherings or use the formal dining room. New roof too! Oversized garage with large garage door for easy access. Access ramp in front of home as well

Property type
Residential
Structure
Three or More Stories, Story - Lower 1, Story - Main, Story - Upper 1
Year built
1938
Parking
Driveway - Circular, Free Parking, Surface, Driveway - Gravel
Price/Sqft
$143
MLS #
MDHW262722
Lot Size
20153 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: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Mudroom, Storage Room, Workshop, Bathroom 1, Bathroom 2, Half Bath | Basement: true, #OTHER, Daylight, Full, Full, Heated, Improved, Interior Access, Outside Entrance, Finished - Partial, Side Entrance, Space For Rooms, Walkout Level, Windows, Workshop

Bathrooms

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

Interior

Features: Ceiling - Fan(s), Dining Area, Window Treatments, Walls - Dry, Walls - Plaster

Exterior

Features: Boat Storage, Exterior Lighting, Flood Lights, Play Area, Secure Storage, Street Lights, Above Grade, Below Grade

Building

Property Types: Residential | Year Built: 1938 | Structure: Three or More Stories, Story - Lower 1, Story - Main, Story - Upper 1 | Architecture: Colonial, Detached | Roof: Shingle - Composition | Siding: Vinyl | Floors: Carpet, Hardwood, Laminate, Wood | Windows: Storm Windows, Screens

Garage & Parking

Parking: Driveway - Circular, Free Parking, Surface, Driveway - Gravel | Garage: true

Lot

Lot size: 0.46 acres | Lot size: 20153 sqft | Lot Features: Additional Lot(s), Cleared, Front Yard, Level, Not In Development, Rear Yard, SideYard(s) | Zoning: R20

Location

County: HOWARD-MD | Subdivision: NONE AVAILABLE | Directions: Jessup Rd (MD-175) Turn onto Waterloo Rd (MD-108) toward Ellicott City 2.6 miArrive at Waterloo Rd (MD-108). Your destination is on the left | MLS #: MDHW262722

Appliances

Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Oven / Range, Range Hood, Refrigerator, Washing Machine

Heating & Cooling

Air Conditioning: Electric, Central Air | Heating: Gas Heating (Natural), Electric, Forced Air | Fireplaces: true, Gas/Propane, Flue for Stove

Utilities & Security

Utilities: Cable TV Available, Fiberoptic, Gas Utlities (Natural Available), Telephone, Hot Water - Natural Gas, Electric Service - 120/240V, Electric Service - 200+ Amp Service | Sewer Service: Public Sewer | Water Source: Public Supply | Safety and Security: Main Entrance Lock, Smoke Detector

Accessibility

Accessibility: #NONE

School

School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM

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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Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Jeffrey M Berman 

Listing courtesy of: RE/MAX 100 

Bright MLS

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Data provided by: Bright MLS
Last detected update: October 17, 2019 02:15PM 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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