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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
305 Indigo Way
Greenwood, SC 29649
3 Beds
3 Baths
1,899 ft2
$294,900
Owners.com Estimate:
Estimated Payment:$1,107/mo

Get ready to enjoy lake living in this brand new construction in the gated Planters Row at Palmetto Crossing on gorgeous Lake Greenwood, SC

In creating the look and feel of Planters Row at Palmetto Crossing, the developers looked to the South Carolina coast and to one of the most beloved cities in the country, for their inspiration. From the architectural detail of the homes, to the brick streets gently lit by gas lamps, Planters Row is a tribute to the unique and timeless beauty of Charleston. This two story Rockingham boost 1938 sq ft with an open floor plan, 3 BR, 2.5 BA and a 19 x 13 ft family room with an upstairs office that leads out onto a balcony that has a stunning view of the lake. Some of the upgrades that come standard in this home are 9 ft ceilings, hardie board exterior with stone accent, gas log fireplace, upgraded Luxury Vinyl Plank flooring, granite countertops in the kitchen and bathrooms, tankless gas hot water heater and gas stove, wainscot in some of the rooms, and many, many more. Some of the neighborhood amenities include: Home Owners Association provided services allowing for a maintenance-free lawn. One-third mile lake shore boardwalk with Charleston-style benches and gas lanterns Swimming pool and pool house, perfect for neighborhood get-togethers. A heated spa and endless lap pool for year-round water access. A community marina where you can purchase a private boat slip for an additional charge. We offer 6 other models in this community ranging from 1525 sq ft to 2400 sq ft and ranging from $244k to $334k. This community is a right across the hwy from the popular new sports bar/restaurant Break on the Lake so you wont have far to walk or drive to enjoy a fabulous dinner or a drink in the evenings.

Property type
Residential
Structure
Two Story, Open Floor Plan
Year built
2019
Parking
Garage - Attached, Garage - Storage, Driveway - Shared or Common
MLS #
1391252
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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: 3 | Room Types: Loft, Study / Office | Basement: #NONE

Bathrooms

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

Interior

Features: Cable Available, Pantry - Walk In

Exterior

Features: Balcony

Building

Property Types: Residential, Single Family Home | Year Built: 2019 | Structure: Two Story, Open Floor Plan | Architecture: Charleston | Roof: Architectural | Siding: Hardboard Siding, Stone | Foundation: Slab | Floors: Tile - Ceramic, #OTHER | Windows: Tilt Out

Garage & Parking

Parking: Garage - Attached, Garage - Storage, Driveway - Shared or Common

Lot

Lot Dimensions: 40x100 | Lot size: 0.1 acres

Location

County: Greenwood | Real Estate Area: Other | MLS #: 1391252

Community

Condo Maintenance: #NONE

Appliances

Appliances: Cook Top-Gas, Dishwasher, Range - Gas, Oven - Gas, Microwave-Built In, Water Heater - Gas, Water Heater - Tankless

Heating & Cooling

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

Utilities & Security

Utilities: Garbage Pickup - Private | Sewer Service: Public | Water Source: Public Supply

School

Elementary School: Not Listed | Middle School: Brewer | High School: Greenwood

Owners.com Estimated Value

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Price History

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Source: County(Public) Records

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Local Insights

Listing provided by: Roger Miller 

Listing courtesy of: Laura Simmons & Associates RE |  (864) 608-1510 

Tools for buyers

Data provided by: Greater Greenville Association of REALTORS®
Last detected update: November 04, 2019 12:36PM 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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