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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
203 days on Owners.com
415-C Machrie Loop #233
Myrtle Beach, SC 29588
3 Beds
3 Baths
1,725 ft2
$209,990
Owners.com Estimate:
Estimated Payment:$789/mo

This is what you have been waiting for!!! Experience the ultimate in carefree, low maintenance living at Berwick at Windsor Plantation Realstar Homes new garden home community

Whether youre looking for your first home, relocating to the area, or searching for the ideal second home at the beach youve always dreamed of, chances are you'll find exactly what youre looking for at Berwick. Choose from two thoughtfully designed plans up to 1,884 heated sq. ft. with 3 bedrooms, 2.5 baths, loft and a 1- or 2-car garage. No matter which home you select, youll enjoy easy living with a first floor master bedroom, bath and utility room. And while someone else maintains the exterior of your new home, you can relax in our refreshing community pool just steps from your front door. The communitys convenience continues with an ideal location that provides quick access to all major roadways including Hwy 544, Hwy 17, Hwy 31 and Hwy 501. Plus, youll enjoy nearby dining, shopping, medical facilities, golf courses and entertainment, along with being just a short drive from Broadway at the Beach, The Tanger Outlets, The Myrtle Beach Airport, Barefoot Landing, Murrels Inlet, 60 miles of celebrated coastline and Myrtle Beachs Golden Mile. *Photos are of model home and do not reflect color selections and options of actual unit for sale.*

Property type
Condo / Townhome
Structure
Townhouse, Two Story
Year built
2019
Parking
Private One Car Garage, Garage - Automatic Opener
MLS #
1909847
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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: 13x23, Family / Great - Ceiling Fan, Family / Great - Vaulted/Cathedral Ceiling, Laundry/Utility, Loft

Bathrooms

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

Interior

Features: #Furnished - No, 10x12

Exterior

Features: Fence, Patio, Rear Porch | Irrigation: Lawn Sprinkler

Building

Property Types: Condo / Townhome | Year Built: 2019 | Structure: Townhouse, Two Story | 1 floor | Siding: Vinyl | Foundation: Slab | Floors: Carpet, Tile, Wood

Garage & Parking

Parking: Private One Car Garage, Garage - Automatic Opener

Lot

Lot Features: Rectangular

Location

County: Horry | Real Estate Area: 26A Myrtle Beach Area--south of 544 & west of 17 bypass M.I. Horry County | Directions: From Highway 17 Bypass take Highway 544 toward Conway approximately 1 mile and Windsor Plantation is on your left. You will pass the Sayebrook Shopping Center (Target, Marshalls, Ulta,etc) and BB&T on your hand side. After turning into main entrance off of Hwy 544 you will take your first right off the traffic circle. Alternative directions: From Highway 544 or Hwy 707 take Big Block to St. David's Ave and follow to traffic circle. Berwick will be on the left. | MLS #: 1909847

Community

Condo Features: Outdoor Pool, Restrictions, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup, Cable TV, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart | Condo Maintenance: Electric Common, Trash - Pickup, Pool Service, Landscape/Lawn, Insurance, Manager, Legal and Accounting, Master Antenna/Cable TV, #OTHER, Common Maint/Repair, Internet Service, Pest Control

Appliances

Appliances: Dishwasher, Disposal, Range, Oven, Microwave, Wshr/Dryer Connection, Water Heater - Electric

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating, Electric

Utilities & Security

Utilities: Cable, Electricity, Telephone, Underground Utilities | 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

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Local Insights

Listing provided by: Trixie Anders 

Listing courtesy of: Realstar Homes |  (843) 448-1020 

Tools for buyers

Data provided by: Coastal Carolinas Association of REALTORS®
Last detected update: October 06, 2019 03:14PM EST ~ Verified on November 06, 2019 04:07AM 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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