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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
196 days on Owners.com
3106 Honors Row SE
OWENS CROSS ROADS, AL 35763
5 Beds
4 Baths
4,460 ft2
$465,000
Owners.com Estimate:
Estimated Payment:$1,746/mo

HAMPTON HOUSE MEMBERSHIP! NEW ROOF, WINDOWS, HVAC and CARPET! This lovely custom home exudes southern charm

Perfect corner lot sits on quiet cul de sac, just a 5-minute walk to Hampton House. Expansive front porch offers great curb appeal, plus perfect for morning coffee. Foyer has extensive mouldings and stone floors. Gleaming hardwoods run throughout main level. Spacious family room has custom built-ins and french doors leading to a wonderful sun room. Eat-in kitchen has granite and updated stainless appliances. All baths have granite and tile surfaces. Isolated bonus room upstairs. Triple garage with storage. Large stamped concrete patio has full brick wall surround for complete privacy.

Property type
Single Family Home
Structure
Two Story
Parking
Garage - Three, Garage - Attached, Workshop, Garage Door Opener, Garage - Side Entry, Driveway - Concrete
Price/Sqft
$104
MLS #
1117749
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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: 5
Virtual Tour: virtual tour | Room Types: Foyer - 9" Ceiling, Foyer - Crown Mold, Foyer - Chair Rail, Foyer - Marble, Foyer - Smooth Ceiling, Foyer - Tile, Wainscoting, Living Room - 9" Ceiling, Living Room - Crown Mold, Living Room - Sitting Area, Living Room - Smooth Ceiling, Living Room - Wood Floor | Basement: Crawl Space

Bathrooms

# of Full Bathrooms: 3
# of Half Bathrooms: 1
# of Three Quarter Bathrooms: 0

Interior

Features: Vacuum - Central, Family Room - 9" Ceiling, Family Room - Ceiling Fan, Family Room - Crown Mold, Family Room - Fireplace, Family Room - Recessed Lighting, Family Room - Smooth Ceiling, Family Room - Wood Floor, Family Room - Built Ins

Exterior

Features: Fence - Privacy, #OTHER, Patio, Porch - Front, Porch - Covered, Curb/Gutters, Sidewalk, Park Near By | Irrigation: Sprinkler Sys

Building

Property Types: Single Family Home | Structure: Two Story | Architecture: Traditional, Cape Cod | Construction: Full Brick

Garage & Parking

Parking: Garage - Three, Garage - Attached, Workshop, Garage Door Opener, Garage - Side Entry, Driveway - Concrete

Lot

Lot Dimensions: 122x40x55x49x126x135 | Lot size: 0.4 acres | Lot Features: Treed Lot, Cul de Sac, Corner Lot

Location

County: MADISON | Subdivision: HAMPTON COVE | Directions: Hwy 431 South; LEFT - Eastern Bypass; LEFT - Hampton Cove Way; RIGHT - Honors Row. | MLS #: 1117749

Appliances

Appliances: Cook Top, Dishwasher, Microwave, Disposal

Heating & Cooling

Air Conditioning: Central 2+ | Heating: Central 2+ | Fireplaces: 1, Gas Logs

Utilities & Security

Utilities: Underground Utility

School

Elementary School: HAMPTON COVE | Middle School: HAMPTON COVE | High School: HUNTSVILLE

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 History

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Price
Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: John Fudge 

Listing courtesy of: Keller Williams Realty |  (256) 519-7220 

Tools for buyers

Data provided by: Valley MLS, Huntsville
Last detected update: October 14, 2019 06:51PM EST ~ Verified on November 08, 2019 06:41AM 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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