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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 41 days
63 Border Ave
Simpsonville, SC 29680
3 Beds
3 Baths
2,499 ft2
Sold for
$225,000
Owners.com Estimate:
Estimated Payment:$862/mo

Is this for real? A truly move in ready home, amazing curb appeal, in an incredible location like Fox Trace? Yes, its true! Enter the home by the covered front porch

As soon as you enter, youll see all the gorgeous laminate flooring on the main level has just been installed. The home has been freshly painted throughout. The Great Room, Kitchen, Breakfast Room, Dining and Living Rooms are all open to one another. The kitchen has Corian countertops, stainless appliances, gas range and tons of cabinet space. These spaces are great for spending time with family and friends. Not only that! Go through the sliding glass doors to the spacious fenced back yard with amazing privacy you cant get in most spaces. Plus, an oversized extra-large patio you wont believe. Check out the upstairs where all carpet has been recently replaced. Youll love the loft area which holds multiple uses. The Master Suite is huge with tray ceiling and ceiling fan. There are two nice additional bedrooms and the walk-in laundry. Fox Trace is so convenient to I-385, Simpsonville, and everything you can imagine on Fairview Road such as restaurants, shopping, grocery stores etc. If youve been down about losing out on properties you like, by finding out they are under contract, call for a private showing today. Dont miss this one!

Property type
Residential
Structure
Two Story, Open Floor Plan
Year built
2007
Parking
Garage - Attached, Garage - Storage, Driveway - Paved
MLS #
1391335
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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
Virtual Tour: virtual tour | Room Types: Laundry, Loft | Basement: #NONE

Bathrooms

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

Interior

Features: Cable Available, Ceiling - Fan(s), Multi-Phone Lines, Pantry - Closet

Exterior

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

Building

Property Types: Residential, Single Family Home | Year Built: 2007 | Structure: Two Story, Open Floor Plan | Architecture: Traditional | Roof: Shingle - Composition | Siding: Stone, Vinyl | Foundation: Slab | Floors: Carpet, Laminate, Vinyl | Windows: Some Window Treatments, Tilt Out, Thermal

Garage & Parking

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

Lot

Lot size: 0.18 acres | Lot Features: Level, Sidewalk, Sloped Gently, Some Trees

Location

County: Greenville | Subdivision: Fox Trace | Real Estate Area: 041 | MLS #: 1391335

Community

Condo Maintenance: #NONE

Appliances

Appliances: Dishwasher, Disposal, Range - Gas, Oven - Self-cleaning, Oven - Gas, Microwave-Built In, Water Heater - Gas

Heating & Cooling

Air Conditioning: Central Forced, Electric | Heating: Forced Air, Natural Gas | Fireplaces: 1, Gas Logs, Screen, Ventless

Utilities & Security

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

School

Elementary School: Ellen Woodside | Middle School: Woodmont | High School: Woodmont

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: Robert Schmidt 

Listing courtesy of: BHHS C Dan Joyner - Simp |  (864) 963-0900 

Tools for buyers

Data provided by: Greater Greenville Association of REALTORS®
Last detected update: June 26, 2019 09:04AM 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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