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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
201 days on Owners.com
2311 Rogers Dr
Alhambra, CA 91803
5 Beds
5 Baths
3,665 ft2
$1,750,000
Owners.com Estimate:
Estimated Payment:$6,571/mo
HOA:$391, Monthly

MUST SEE THIS IMMACULATE DREAM HOME!!! Don't miss this rare opportunity to own this best location and floor plan luxury home in the "Sapphire at Midwick Collection" community of Alhambra

The new neighborhood sits within a safe and quiet gated enclave. This magnificent property offers desirable features such as 5 bedrooms and 4.5 bathrooms, open concept kitchen with upgraded quartz counter tops, large walk-in pantry, upgraded porcelain tile flooring downstairs and quality carpets, brand new designed roller shades, stainless steel appliances included: 48" built-in WOLF gas range with dual oven and hood, 48" built-in SUB-ZERO refrigerator, built-in microwave, multi-cycle dishwasher. Gorgeous master suite with huge walk-in closet, dual vanities, bath tub, walk-in shower and amazing balcony with stunning views. Two big bedrooms are suites and two other bedrooms share a Jack & Jill bath. Well designed large back yard includes over 40 different kinds of plants and has 180 degrees breathtaking views. Easy access to 10 freeway. Many nearby shopping and dining options. You will enjoy the luxury and convenience.

Property type
Single Family Home
Structure
Two Story
Year built
2017
Parking
2, Garage
Price/Sqft
$477
MLS #
RS19101771
Lot Size
7459 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: 5 | Room Types: Den, Family Room, Jack and Jill, Kitchen, Laundry

Bathrooms

# of Full Bathrooms: 4
# of Half Bathrooms: 1

Exterior

Features: Wood Fence, Wrought Iron Fence | Pool: false, #NONE

Building

Property Types: Single Family Home | Year Built: 2017 | Structure: Two Story | Roof: Tile | Floors: Carpet, Tile

Garage & Parking

Parking: true, Garage, 2.00 | Attached Garage: true

Lot

Lot size: 0.1712 acres | Lot size: 7459 sqft | Lot Features: 0-10 Unit/Acre | Zoning: ALRP

Location

County: Los Angeles | Real Estate Area: 601 - Alhambra | Directions: 10 freeway Fremont Exit, cross street: Carlos Street | MLS #: RS19101771

Community

HOA Dues: $391/ Monthly

Appliances

Appliances: Stove - Six Burner, Range - Built-in, Dishwasher, Microwave, Refrigerator, Water Heater - Flash / On-demand

Heating & Cooling

Air Conditioning: Central Air | Heating: Furnace - Central | Fireplaces: true

Utilities & Security

Water Source: Public Supply

School

School District: Alhambra

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: Zhe Xu 

Listing courtesy of: Realty ONE Group West 

Tools for buyers

Data provided by: CRMLS
Last detected update: September 24, 2019 11:33AM EST ~ Verified on November 17, 2019 09:23AM 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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