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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 44 days
8016 Cone Ct
Murrells Inlet, SC 29576
3 Beds
2 Baths
1,450 ft2
Sold for
$195,000
Owners.com Estimate:
Estimated Payment:$740/mo
HOA:$27, Quarterly

Come check out this home that has so many upgrades you won't be disappointed! This 3 bedroom 2 bath home in the St

James school district has been lovingly maintained by its owners and it shows. Beautiful flooring as you enter that runs through to the kitchen and dining room. Spotless kitchen that leads to the dining room. There is a wood pellet stove that can heat up the home with clean efficiency. Leading off the dining room is the "Man cave" that leads out to the back yard paradise! Take a look at the pics and you will see why! There is a newly installed hot tub, an inground pool and a pool bar! There is 8 foot fencing for privacy, you will not want to leave it's so peaceful! The attic is floored with easy access in the finished garage. There is also an outside storage area in the back and lawn irrigation. The interior of the home has all LED lighting along with a video DVR surveillance system. There is also a built in generator system for peace of mind. The home is centrally located in Murrells Inlet and close to shopping and restaurants. Come check it out soon before it's gone! Square footage is approximate and not guaranteed. Buyer is responsible for verification.

Property type
Residential
Structure
Single Story
Year built
1997
Parking
5Attached 1-Car, Garage Door Opener
MLS #
1909885
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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: Den/Study/Library, Laundry/Utility

Bathrooms

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

Interior

Features: Formal Dining - No, Furnished - No, Wind Treat Convey, Security System, Master Bath - Shower, Master Bath - Tub, Master Bath - Vanity

Exterior

Features: Fireplace, Patio, Front Porch, Rear Porch, Fence, Lawn Sprinkler, Hot Tub / Spa, Outside Storage Detached | Pool: Pool-Outdoor on Property

Building

Property Types: Residential, Single Family Home | Year Built: 1997 | Structure: Single Story | Architecture: Ranch | Siding: Vinyl | Foundation: Slab | Floors: Vinyl, Carpet

Garage & Parking

Parking: Attached 1-Car, Garage Door Opener, 5

Lot

Lot Features: Irregular

Location

County: Horry | Subdivision: Pines Of St James | Real Estate Area: 26A Myrtle Beach Area--south of 544 & west of 17 bypass M.I. Horry County | Directions: From 707 Turn into Pines of St James and make your first right on Cone Ct. House will be on the right. | MLS #: 1909885

Community

Condo Maintenance: Home Owners Assoc. Fees, Restrictions, Seller Disclosure, Long Term Rental Allowed, Owner Allowed Motorcyle, Owner Allowed Golf Cart | HOA Dues: $27/ Quarterly

Appliances

Appliances: Range, Dishwasher, Garbage Disposal, Refrigerator, Wshr/Dryer Connection, Washer/Dryer, Water Heater - Electric

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating

Utilities & Security

Utilities: Electricity, Cable | Sewer Service: Sewer | Water Source: Public Supply | Safety and Security: Smoke Detector

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: Jan Buess 

Listing courtesy of: CB Chicora Advantage Surfside |  (843) 233-8000 

Tools for buyers

Data provided by: Coastal Carolinas Association of REALTORS®
Last detected update: June 18, 2019 11:53AM EST ~ Verified on November 06, 2019 04:02AM 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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