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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
201 days on Owners.com
718 Kings Hill St
Taylors, SC 29687
3 Beds
4 Baths
3,299 ft2
$495,000
Owners.com Estimate:
Estimated Payment:$1,859/mo

Lake Resort living at it's best! Stillwaters of Lake Robinson boasts a 12-acre common area on this beautiful 800 acre lake with over

50 mile of shoreline, a community pool and pavilion, community garden plats, an apple orchard, a 12-slip dock and much more. a great new floorplan with a 3rd level loft and spectacular viewing room with incredible lake and mountain views. This upper floor has so many possibilities! From the road side level, enter a great room with kitchenette, and both secondary bedrooms with a full bath nearby. From the entry at the back alley garage level enter the main living quarter. Enjoy stunning lake and mountain views from kitchen, great room, and master suite. The kitchen has a large eat-at center island. The great room boasts cathedral ceiling and fireplace. The dining room has a trey ceiling. The master suite has dual sink vanity, tiled walk-in master shower, free standing tub and private water closet. A large walk-in laundry with sink completes this level. Outdoor living reigns with a covered porch, and a covered patio below, and the ultimate 3rd floor viewing room and loft area that would make a perfect office. This home is almost 4600 square feet under roof! Fantastic curb appeal in this Charleston style home with modern flair. This is a rare opportunity to enjoy incredible lake and mountain views, and have access of a lake without the premium of lakefront.

Property type
Residential
Structure
Two Story, Open Floor Plan
Year built
2019
Parking
Garage - Attached, Garage - Storage, Driveway - Pavers
MLS #
1391303
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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: Laundry, Loft, Study / Office, Bonus Room/Rec Room, 2nd Kitchen/Kitchenette | Basement: Finished - Partial, Full, Walk Out, Interior Access

Bathrooms

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

Interior

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

Exterior

Features: Deck, Patio, Porch | Irrigation: Sprklr In Grnd-Full Yard

Building

Property Types: Residential, Single Family Home | Year Built: 2019 | Structure: Two Story, Open Floor Plan | Architecture: #OTHER | Roof: Architectural | Siding: Concrete Plank, Stone | Foundation: Basement | Floors: Carpet, Tile - Ceramic, #OTHER | Windows: Tilt Out, Thermal

Garage & Parking

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

Lot

Lot Dimensions: 50 x 120 | Lot size: 0.14 acres | Lot Features: Sidewalk

Location

County: Greenville | Subdivision: Stillwaters of Lake Robinson | Real Estate Area: 013 | MLS #: 1391303

Community

Condo Maintenance: #NONE

Appliances

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

Heating & Cooling

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

Utilities & Security

Utilities: Underground Utilities, Garbage Pickup - Public | Sewer Service: Public | Water Source: Public Supply | Safety and Security: Smoke Detector

School

Elementary School: Mountain View | Middle School: Blue Ridge | High School: Blue Ridge

Owners.com Estimated Value

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Source: County(Public) Records

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Local Insights

Listing provided by: Joanna Keskitalo 

Listing courtesy of: Joanna K Realty Inc |  (864) 329-6639 

Tools for buyers

Data provided by: Greater Greenville Association of REALTORS®
Last detected update: September 13, 2019 03:24PM 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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