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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
199 days on Owners.com
14569 W Georgia Ave
Litchfield Park, AZ 85340
4 Beds
3.5 Baths
3,022 ft2
$459,900
Owners.com Estimate:
Estimated Payment:$1,727/mo
HOA:$75, Monthly

Now Walk in to OVER $10k in equity on Day 1! Carpet being replaced with tile by the 1st week of September! Tucked away on a north-facing lot in this premiere subdivision, this like-new single story will impress

The paver drive, 3-Car Garage, & Courtyard will create a great first impression. As you enter, take note of the 12' ceilings, Neutral Colors and stunning architectural lines throughout. You will fall in love with the Gourmet Kitchen, with Large Island & Breakfast Bar, S/S Appliances, Upgraded Cabinets, Granite Counters, Custom Lighting, Double Ovens, & Gas Stove! The family room provides so many options, great for very large groups yet still cozy, with a dining room big enough to double as a living room! Built-in wifi and extra insulation are 2 more reasons to love this home!

Property type
Single Family Home
Structure
Dwelling - Single Family - Detached, 1
Year built
2016
Parking
3.00Electric Door Opener, Side Vehicle Entry, Dir Entry frm Garage
Price/Sqft
$152
MLS #
5919403
Lot Size
11450 sqft
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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: Family Room | Basement: false

Interior

Features: Breakfast Bar, No Interior Steps, Bar - Wet Bar, Pantry, #NONE

Exterior

Features: Patio - Covered, Patio, Pvt Yrd(s)/Crtyrd(s), Block Fence | Pool: #NONE

Building

Property Types: Single Family Home | Year Built: 2016 | Structure: Dwelling - Single Family - Detached, 1 | Architecture: Santa Barbara/Tuscan, All on One Level, Dwelling Styles - Detached | Construction: Frame - Wood | Roof: All Tile | Siding: Painted, Stucco | Plumbing: Gas Hot Water Heater | Floors: Carpet, Tile | Windows: Double-Pane

Garage & Parking

Parking: Electric Door Opener, Side Vehicle Entry, Dir Entry frm Garage, 3.00

Lot

Lot size: 11450 sqft | Lot range: 10,001 - 12,500 | Lot Features: North/South Exposure

Location

County: Maricopa | Subdivision: PALM VALLEY PHASE 9 | Directions: Head west on Camelback Rd, Right on 146th Ave, Right on Medlock Dr, Left on 145th Dr, Left on Georgia Ave. Property will be on the left. | MLS #: 5919403

Community

Condo Maintenance: Common Area Maint | HOA: Palm Valley North | HOA Dues: $75/ Monthly

Appliances

Appliances: Disposal, Dishwasher, Refrigerator, Gas Cooktop, Microwave - Built In, Wall Oven(s), Multiple Ovens

Heating & Cooling

Air Conditioning: Refrigeration | Heating: Gas | Fireplaces: No Fireplace

Utilities & Security

Utilities: Cable - Available / In Street, HighSpd Intrnt Aval, APS, City Gas, SW Gas | Sewer Service: Sewer - Public | Water Source: City Water

Accessibility

Accessibility: Zero-Grade Entry

School

School District: 079 - Litchfield Elementary District | Elementary School: Mabel Padgett Elementary School | Middle School: L. Thomas Heck Middle School | High School: Millennium High School

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

Property History & Valuation

Local Insights

Listing provided by: Blaine Wiggins 

Listing courtesy of: HomeSmart |  (623) 889-7100 

Tools for buyers

Data provided by: Arizona Regional MLS
Last detected update: September 05, 2019 07:48PM EST ~ Verified on November 15, 2019 05:42AM 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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