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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 43 days
10 Friendsplot Cv
Mauldin, SC 29662
4 Beds
3 Baths
2,099 ft2
Sold for
$200,000
Owners.com Estimate:
Estimated Payment:$751/mo

MOVE IN READY, GREAT NEIGHBORHOOD AND AWESOME PRICE makes this 4BR/2

5 with potential 5th bedroom the next best house on the market. Enjoy living on a quiet cul-de-sac street with fenced in 1/2 acre wooded lot, well landscaped yard, but yet still close to modern conveniences. This home features a formal dining room located just off the foyer and flows rights into the kitchen, where you'll find a functional space to prepare meals, pantry & cozy breakfast nook with access to the patio and backyard. Entertaining is made easy with a bar area that opens into the Great Room with gas log fireplace and an abundance of natural light flowing throughout the space. Guest Accommodations or an office can also be found on the main level, along with a half bath with beautiful pedestal sink and a storage closet. Up the stairs you will find 2 bedrooms, both with lots of windows, full bath with tub/shower combination, laundry room with shelving and a spacious Bonus Room, which also can double as a 5th bedroom; that's right... it has a regular closet, PLUS 2 attic access doors for additional storage. On the other end of the upstairs hall, you'll find the Master Suite, again with multiple windows, full bath featuring double sinks, jetted garden tub, separate shower and spacious walk-in-closet. Endless hours can be spent on the double patio enjoying the backyard or while tending to your vegetable garden. This home has it all and will not last long. Don't delay in making your appointment today!

Property type
Residential
Structure
Two Story
Year built
2003
Parking
Garage - Attached, Garage - Storage, Driveway - Extra Pad, Driveway - Paved
MLS #
1356203
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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: Laundry, Workshop, Bonus Room/Rec Room | Basement: #NONE

Bathrooms

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

Interior

Features: 2 Story Foyer, Cable Available, Ceiling - Fan(s), Pantry - Closet

Exterior

Features: Fence, Garbage Pickup - Private, Patio, Porch-Front, Vinyl/Aluminum Trim

Building

Property Types: Residential, Single Family Home | Year Built: 2003 | Structure: Two Story | Architecture: Traditional | Roof: Architectural | Siding: Vinyl | Foundation: Slab | Floors: Carpet, Tile - Ceramic, Wood - Hard | Windows: Tilt Out

Garage & Parking

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

Lot

Lot size: 0.49 acres | Lot Features: Cul de Sac, Level, Wooded

Location

County: Greenville | Subdivision: Planters Row | Real Estate Area: 041 | MLS #: 1356203

Community

Condo Maintenance: Pool, Street Lights

Appliances

Appliances: Cook Top-Smooth, Dishwasher, Disposal, Microwave-Built In, Water Heater - Gas

Heating & Cooling

Air Conditioning: Central Forced, Electric | Heating: Electric, Forced Air, Multi-Units, Natural Gas | Fireplaces: 1, Gas Logs

Utilities & Security

Utilities: Underground Utilities | Sewer Service: Public | Water Source: Public Supply | Safety and Security: Smoke Detector

School

Elementary School: Greenbrier | Middle School: Hillcrest | High School: Mauldin

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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Source: County(Public) Records

School Information

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Local Insights

Listing provided by: Lisa Cato 

Listing courtesy of: Better Homes & Gardens Young & |  (864) 576-1000 

Tools for buyers

Data provided by: Greater Greenville Association of REALTORS®
Last detected update: January 02, 2018 09:31AM EST ~ Verified on October 14, 2019 11:57AM 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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