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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
260 Sunward Path
Inman, SC 29349
4 Beds
3 Baths
2,922 ft2
$559,900
Owners.com Estimate:
Estimated Payment:$2,102/mo
HOA:$0

Beautiful Lake Bowen Lakefront family oriented home just waiting for a new owner

Original home was built in 1974 but has been remodeled and received upgrades and a couple of additions in 2003-2004. The Owner took lots of time and attention to detail to update and modernize this home. Lots of extra's such as hardwood floors, stainless steel appliances, Oak cabinets just to name a few have been added to upgrade this home. This immaculate home is located on 2 large private lakefront lots that offers plenty of space for lake living and entertaining your guests and family. The main level is very open and accessible allowing ample room for entertaining with great views of the lake. The Master Bedroom has a large Master Bath, Private Sitting Area, and Screened Porch. This level also offers 2 additional Bedrooms, Study/Office, Kitchen, Dining, and Living Room. Lower level offers a large Rec Room w/Fireplace, Bedroom, Bath, Large laundry Room, Sewing/Work Room, and a heated single car Garage with Workshop area. Enjoy the lazy days of summer from the shaded large open deck with beautiful views of the lake. Let your small children and their friends enjoy the separate playground area while the older children and guests enjoy the water in this secluded cove setting. Enjoy the convenience of storing your boat in the covered dock that also offers additional deck areas for sunning and swimming. Don't let this "One Of A Kind" home get away! Call Wayne @ 864-266-0204 for showings and appointments or additional information.

Property type
Residential
Structure
1 w/ Basement
Year built
1974
Parking
Garage/Carport - Attached, Garage/Carport - Door Opener, Garage/Carport - Side/Rear Entry, Garage/Carport - Workshop, Driveway - Paved-Concrete
Price/Sqft
$192
MLS #
261099
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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: Bedroom(s) - Main Floor Master, Study / Office, Recreation, Workshop | Basement: Finished, Partial

Bathrooms

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

Interior

Features: Ceiling - Fan(s), Electric Garage Door, Gas Logs, Ceilings-Cathedral/Raised, Dryer Connection, Washer Connection, Fireplace, Closet(s) - Walk-in, Ceilings-Blown, Counter(s) - Laminate, Open Floor Plan

Exterior

Features: Deck, Storage Space - Basement, Storage Space - Garage, Storage Space - Out Building w/ Elec., Garbage Pickup - Private

Building

Property Types: Residential, Single Family Home | Year Built: 1974 | Structure: 1 w/ Basement | Architecture: Traditional | Roof: Shingle - Composition | Siding: Brick Veneer, Vinyl | Foundation: Slab, Basement | Floors: Carpet, Tile - Ceramic, Vinyl, Wood - Hard | Windows: Insulated

Garage & Parking

Parking: Garage/Carport - Attached, Garage/Carport - Door Opener, Garage/Carport - Side/Rear Entry, Garage/Carport - Workshop, Driveway - Paved-Concrete | Garage: One Car

Lot

Lot Dimensions: 136 X 274 X 76 X 73 X 250 | Lot size: 0.9 acres | Lot range: < 1 | Lot Features: Lake, Watefront, Wooded, Water Access, Sidewalks, Sloped, Some Trees, Boat Dock

Location

County: Spartanburg, SC | Real Estate Area: Lake Bowen | Directions: Take Hwy 9 Towards Lake Bowen. Cross Lake Bowen - Turn Left on Foster Rd then in 1.5 miles turn left on Sunward Path - House is on your right. | MLS #: 261099

Community

HOA Dues: $0

Appliances

Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washing Machine, Oven(s) - Wall, Range - Free Standing, Water Heater - Electric

Heating & Cooling

Air Conditioning: Heat Pump | Heating: Heat Pump, Electric

Utilities & Security

Sewer Service: Septic - Tank | Water Source: Public Water, Well | Safety and Security: Smoke Detector

School

School District: 3 | Elementary School: 1-New Prospect | High School: 1-Chapman High

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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Local Insights

Listing provided by: WAYNE HOUSTON 

Listing courtesy of: REAL ESTATE PLUS |  (864) 592-8000 

Spartanburg Association of REALTORS®

Tools for buyers

Data provided by: Spartanburg Association of REALTORS®
Last detected update: May 06, 2019 01:28PM EST ~ Verified on November 15, 2019 05:44AM 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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