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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 35 days
15 Grand River Ln
Simpsonville, SC 29681
4 Beds
4 Baths
3,699 ft2
Sold for
$331,000
Owners.com Estimate:
Estimated Payment:$1,258/mo

GREAT NEIGHBORHOOD / 4BR/3

5BA WITH LARGE BONUS / TWO-STORY FOYER / HARDWOOD FLOORS / GRANITE COUNTERTOPS / STAINLESS STEEL APPLIANCES / GAS FIREPLACE / HUGE LOFT / 2-CAR ATTACHED GARAGE / COVERED REAR PATIO WITH TWO EXTRA PATIO PADS / PRIVACY FENCED BACKYARD This gorgeous 4BR/3.5BA with large bonus has exquisite details inside and out. A covered Front Porch invites you to enter, and you're greeted by a spacious two-story Foyer with convenient Powder Room, drop zone and hardwoods throughout. A graceful arch pulls you past the stairs into the Formal Living Room which features a beautiful coffered ceiling and large windows for plenty of natural light. Dual Dry Bar with granite countertops and glass display cabinetry connects this space to the Formal Dining Room. The spacious Kitchen is equipped with stainless steel appliances, granite countertops, large island with extended breakfast table, gas stove, tile backsplash, walk-in pantry, and so much more! The Master Suite has a private sitting area, tray ceiling, and a gorgeous Master Bath that includes granite dual sink vanity, separate glass shower with tile surround, and large garden tub. Two additional Bedrooms can be found upstairs along with a huge loft and walk-in Laundry Room. The third floor offers a fourth Bedroom, Full Bath, large Bonus Room with Kitchenette equipped with granite countertops, a mini fridge and microwave. Other notable features are the covered rear patio with extra patio pads on each side, a full privacy fenced backyard and 2-car attached garage. With its awesome location, ample storage space, and great features 15 Grand River Lane wont last long!

Property type
Residential
Structure
Three or More Stories, Open Floor Plan
Year built
2013
Parking
Garage - Attached, Garage - Storage, Driveway - Paved
MLS #
1391225
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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, Loft, Bonus Room/Rec Room, 2nd Kitchen/Kitchenette | Basement: #NONE

Bathrooms

# of Full Bathrooms: 3
# of Half Bathrooms: 1

Interior

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

Exterior

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

Building

Property Types: Residential, Single Family Home | Year Built: 2013 | Structure: Three or More Stories, Open Floor Plan | Architecture: Traditional | Roof: Shingle - Composition | Siding: Brick Veneer-Partial, Concrete Plank, Stone | Foundation: Slab | Floors: Carpet, Tile - Ceramic, Wood - Hard | Windows: Tilt Out, Thermal

Garage & Parking

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

Lot

Lot size: 0.19 acres | Lot Features: Level

Location

County: Greenville | Subdivision: Bridgewater | Real Estate Area: 032 | MLS #: 1391225

Community

Condo Maintenance: #NONE

Appliances

Appliances: Dishwasher, Disposal, Range - Gas, Microwave, Oven - Gas, Water Heater - Gas

Heating & Cooling

Air Conditioning: Central Forced, Electric, Multi-Units | Heating: Forced Air, Multi-Units, Natural Gas | Fireplaces: 2, Gas Logs, Gas Starter

Utilities & Security

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

School

Elementary School: Simpsonville | Middle School: Hillcrest | High School: Hillcrest

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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School Information

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Local Insights

Listing provided by: Chet Smith 

Listing courtesy of: BHHS C Dan Joyner - N. Pleas |  (864) 242-6650 

Tools for buyers

Data provided by: Greater Greenville Association of REALTORS®
Last detected update: June 07, 2019 10:41AM 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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