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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
25 days on Owners.com
44485 Chamberlain Ter Unit 302
ASHBURN, VA 20147
2 Beds
2 Baths
1,710 ft2
$350,000
Owners.com Estimate:
Estimated Payment:$1,314/mo
HOA:$98, Monthly

Your new 2 bedroom, 2 bath home in the Active Adult community of 4 Seasons has a lovely view from the third-floor location overlooking the Beaverdam Run Area, next to the W&OD trail

Watch the season change from your gorgeous bay window in the large sunroom, connecting in an open design to the dining and living rooms. The one-level living with elevator access straight from your nearby reserved garage space makes this home a dream for all. Large bedrooms, baths, and closets ensure you will be comfortable in your new home for years to come. The Ashburn Village amenities feature an indoor pool, multiple outside pools, racquetball courts, tennis court, basketball courts, miles of walking/bike trails, multiple lakes and full gym. Four Seasons offer a beautiful community center with exercise room, full kitchen, meeting room, TV viewing room, outdoor pallion, and grand piano. Plenty of guest parking makes this a wonderful community to entertain in.

Property type
Residential
Structure
Single Story, Story - Main
Year built
2005
Parking
Assigned, Lighted Parking
Price/Sqft
$205
MLS #
VALO397560
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SAVE PREFERENCES

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: 2 | Room Types: Living Room, Dining Room, Bedroom(s) - Master, Kitchen, Foyer, Bedroom 1, Sun/Florida Room, Bathroom 1, Master Bathroom | Basement: false

Bathrooms

# of Full Bathrooms: 2

Interior

Features: Ceiling - Fan(s), Chair Rail, Crown Moldings, Dining Area, Elevator, Intercom, Window Treatments

Exterior

Features: Above Grade, Below Grade

Building

Property Types: Residential | Year Built: 2005 | Structure: Single Story, Story - Main | Architecture: #OTHER, Unit/Flat | Construction: Brick Front, Combination | 4 floor | Floors: Carpet, Wood | Windows: Bay/Bow

Garage & Parking

Parking: Assigned, Lighted Parking | Garage: true

Lot

Zoning: 04

Location

County: LOUDOUN-VA | Subdivision: K HOVNANIAN FOUR SEASONS | Directions: From Gloucester Pkwy, turn onto Chamberlain Terrace. 44485 is a single building on left, overlooking Beaver Dam Run. Parking is opening around community center. | MLS #: VALO397560

Community

Condo Maintenance: Common Area Maintenance, Management, Parking Fee, Recreational Facilities, Road Maintenance, Health Club, Sewage, Snow Removal, Trash, Pool(s) | HOA Dues: $98/ Monthly

Appliances

Appliances: Microwave - Built In, Dishwasher, Disposal, Microwave, Gas Oven / Range, Refrigerator, Washer/Dryer Stacked, Water Heater

Heating & Cooling

Air Conditioning: Electric, Central Air | Heating: Gas Heating (Natural), Forced Air | Fireplaces: false

Utilities & Security

Sewer Service: Public Sewer | Water Source: Public Supply

Accessibility

Accessibility: 36"+ wide Halls, Elevator, Grab Bars Mod

School

School District: LOUDOUN COUNTY PUBLIC SCHOOLS

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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Property Tax

Price History

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Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Tanya S Kerr 

Listing courtesy of: Keller Williams Realty 

Bright MLS

Tools for buyers

Data provided by: Bright MLS
Last detected update: October 25, 2019 04:01AM EST ~ Verified on November 04, 2019 08:32PM 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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