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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
200 days on Owners.com
517 Damascus Drive
Belton, TX 76513
4 Beds
3 Baths
2,136 ft2
$259,995
Owners.com Estimate:
Estimated Payment:$976/mo

Gorgeous is an understatement for this AMAZING new construction by Eagle Homes!! Extravagant ceramic tiled entry foyer showcasing crown molding invites you into the large living area that looks into the kitchen

The area features 3 step tray ceilings w/ crown molding. Spacious family room highlights ceramic tile flooring, ceiling fan, accent lighting, crown molding & ship lap with subway tile fireplace. Gourmet kitchen boasting ceramic tile flooring, granite counter tops, crown molding, tile back-splash, walk-in pantry, smooth top range, custom cabinets, dishwasher & built in microwave! Relax and rewind in the phenomenal owners retreat presenting carpet flooring, barn door, crown molding. Bathroom boosts ceramic tile flooring, 2 separate granite vanities, tile back-splash, walk-in closet, award winning walk-in shower with garden tub. 3 additional spacious bedrooms with large closets. Tiled hall bath with granite. Beautiful exterior has covered patio, privacy fence, & sprinkler system.

Property type
Single Family Home
Structure
Single Story
Year built
2019
Price/Sqft
$122
MLS #
375278
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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
Virtual Tour: virtual tour

Bathrooms

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

Interior

Features: Ceiling - Fan(s)

Exterior

Features: Patio - Covered, Porch - Covered, Fence - Privacy, Wood Fence

Building

Property Types: Single Family Home, Residential | Year Built: 2019 | Structure: Single Story | Architecture: Traditional | Roof: Shingle - Composition | Siding: 4-Side Masonry, Brick, Rock/Stone/Veneer | Foundation: Slab | Floors: Carpet, Tile | Windows: Double-Pane

Garage & Parking

Garage: 2 Car Garage

Lot

Lot Dimensions: 62 x 125 | Lot size: 0.17670 acres | Lot Features: Level, Mature Trees

Location

County: Bell | Subdivision: Sendero Estates | Directions: Loop 121 heading South turn right at 190/loop 121, stay on the service Rd. Right on Sendero Estates (before you get FM 1670), then turn left on Charbray Drive, right on Damascus Drive home is on the right.OR Put in 1082 S. Wheat Road into your GPS that will take you to Chisholm Trail Elementary, there is a street Digby Dr to the right of the school turn West on Digby then a left on Damascus. | MLS #: 375278

Appliances

Appliances: Built-In Microwave, Dishwasher, Disposal, Electric, Water Heater - Electric

Heating & Cooling

Air Conditioning: 1 Unit, Central Air, Electric Air Filter | Heating: 1 Unit, Central, Electric | Fireplaces: Stone/Rock/Brick

Utilities & Security

Utilities: Cable, City Electric, City Garbage, High Speed Internet, Telephone | Sewer Service: Public Sewer | Water Source: City Water | Safety and Security: Smoke Detector

School

School District: Belton ISD

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: Tiffani Foxx 

Listing courtesy of: Vista Real Estate-Belton |  (254) 899-8980 

Fort Hood Area Association of REALTORS®

Tools for buyers

Data provided by: Fort Hood Area Association of REALTORS®
Last detected update: October 01, 2019 07:00AM EST ~ Verified on November 04, 2019 11:54PM 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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