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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 190 days
405 Homewood Acres Pl
EASTABOGA, AL 36260
4 Beds
5 Baths
-- ft2
Sold for
$305,000
Owners.com Estimate:
Estimated Payment:$1,201/mo

Stunning 4BR 3

5BA Home in Eastaboga! This sprawling 2-story sits on 4 acres & features "castle doors", hardwood floors, pretty crown molding, recessed lighting, large foyer/front sitting room & wonderful open concept offering Great Room w/speaker system & vaulted ceiling, Dining Room & stunning Kitchen w/granite counters, under cabinet lighting, 5 burner down draft gas range, double ovens, copper farmhouse sink, pretty glass tile backsplash & HUGE island w/wine cooler & breakfast bar. Amazing Master Suite w/sitting area, walk-in closet w/sliding barn-style door, separate vanities, sleek soaking tub, massive step in shower & water closet w/urinal. Oversized laundry room has ample space & cabinets w/granite counters & sink. VERY energy efficient home w/low utility bills! High quality windows (Anderson), cellulose insulation (also between floors & some interior walls), solid 5 panel interior doors, SEER 15 HVAC, energy efficient appliances & hybrid water heater. Call today!

Property type
Residential
Structure
Two or More Story, #NONE
Year built
2015
Parking
Garage - Side Entry, Attached, Driveway, Parking (MLVL)
MLS #
800744
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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, Bedroom(s), Bonus, Full Bath, Great Room, Half Bath, Kitchen, Master Bath, Bedroom(s) - Master, Study / Office

Bathrooms

# of Full Bathrooms: 3
# of Half Bathrooms: 2

Interior

Features: Attic, Ceiling - Fan(s), Lighting - Recessed

Exterior

Features: Deck, #NONE, Deck - Open, Ridge Vent, Fence | Pool: false

Building

Property Types: Residential, Single Family Home | Year Built: 2015 | Structure: Two or More Story, #NONE | Architecture: #NONE | Construction: Stone | Siding: Vinyl | Foundation: Crawl Space | Floors: Carpet, Wood - Hard, Tile | Windows: Double-Pane

Garage & Parking

Parking: Garage - Side Entry, Attached, Driveway, Parking (MLVL)

Lot

Lot size: 4 acres | Lot Features: #NONE, Acreage, Cul de Sac, Some Trees

Location

County: Talladega | Subdivision: HOMEWOOD ACRES | Real Estate Area: TalladegaCounty | Directions: Hwy 78 W to Coldwater Area, Continue past Del Ray Ranch, Turn Left on Ponderosa Trail, Left on Homewood Acres Dr, 1st Left onto Homewood Acres Circle, Left on Homewood Acres Pl. Home at end on cul-de-sac. | MLS #: 800744

Appliances

Appliances: Energy Star, Oven - Convection, Cooktop-Gas, Dishwasher Built-In, Microwave Built-In, Self-Cleaning, Oven - Dual, Water Heater - Electric

Heating & Cooling

Air Conditioning: 3+ Systems, Central Air, Electric, Zoned | Heating: 3+ Systems, Central Heating, Electric, Zoned | Fireplaces: 0

Utilities & Security

Utilities: #NONE | Sewer Service: Septic | Water Source: Public | Safety and Security: Security System

School

Elementary School: LINCOLN | Middle School: LINCOLN | High School: LINCOLN

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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Price
Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Joey Crews 

Listing courtesy of: Keller Williams Realty Group |  (256) 241-1500 

Tools for buyers

Data provided by: Montgomery Area Association of REALTORS®
Last detected update: May 25, 2018 04:08PM EST ~ Verified on November 05, 2019 07:15PM 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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