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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."
SOLD
Sold in 49 days
104 Cottage Gate Ln
Easley, SC 29642
2 Beds
2 Baths
2,299 ft2
Sold for
$260,000
Owners.com Estimate:
Estimated Payment:$939/mo

This beautiful brick custom built home boasts two large bedrooms

The master bedroom is huge with an enormous full bathroom that has two separate vanities as well as, a separate place for a make-up station. All the closets have gorgeous built ins. The dining room is perfect for entertaining large groups! The living area is able to have a small office area in it as well as a great area for entertaining! The screened in patio is privately situated so you can enjoy these nice summer evenings!

Property type
Residential
Structure
Single Story, Open Floor Plan
Parking
Garage - Attached, Garage - Storage, Driveway - Paved
MLS #
1391356
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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: 2 | Basement: #NONE

Bathrooms

# of Full Bathrooms: 2
# of Half Bathrooms: 0

Interior

Features: Cable Available

Exterior

Features: Garbage Pickup - Public, Patio | Irrigation: Sprklr In Grnd-Full Yard

Building

Property Types: Residential, Single Family Home | Structure: Single Story, Open Floor Plan | Architecture: Ranch | Roof: Architectural | Siding: Brick Veneer-Full | Foundation: Crawl Space | Floors: Tile - Ceramic, Wood - Hard

Garage & Parking

Parking: Garage - Attached, Garage - Storage, Driveway - Paved

Lot

Lot size: 0.17 acres | Lot Features: Level, Sidewalk

Location

County: Pickens | Subdivision: Cottage Gate | Real Estate Area: 063 | MLS #: 1391356

Community

Condo Maintenance: #NONE

Appliances

Appliances: Cook Top-Gas, Oven(s)-Wall, Microwave-Built In, Water Heater - Gas

Heating & Cooling

Air Conditioning: Electric | Heating: Electric | Fireplaces: 1, Gas Logs, Ventless

Utilities & Security

Sewer Service: Public | Water Source: Public Supply

School

Elementary School: Forest Acres | Middle School: Richard H. Gettys | High School: Easley

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: Bryan French 

Listing courtesy of: Keller Williams Grv Upst |  (864) 234-7500 

Tools for buyers

Data provided by: Greater Greenville Association of REALTORS®
Last detected update: June 24, 2019 02:09PM EST ~ Verified on November 10, 2019 03:21AM 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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