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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
198 days on Owners.com
5540 N Woodson Ave
Fresno, CA 93711
4 Beds
3.5 Baths
3,228 ft2
$579,000
Owners.com Estimate:
Estimated Payment:$2,174/mo
HOA:$0

Beautiful Move In Ready Home In Awesome Van Ness Estates Location!!! If you are looking for space this is the one for you w/ 4 bedrooms, 3

5 baths, a living room, family room, & an additional room perfect for a home office both the family room & the living room w/ lovely fireplaces the kitchen includes gorgeous solid oak built in cabinets w/ illuminating can lights & an amazing sky light directly above your dining area 2 of the 4 bedrooms have their own private bathrooms & the master bedroom also comes w/ a remote control fireplace & 2 closets w/ one being a huge walk in three of the four bedrooms also have remote control ceiling fans all four bedrooms have solid wood sound proof doors the backyard has plenty of covered patio space for entertaining and yes also comes with a fireplace all this and a fenced in pool on a half acre lot! Call Your Realtor Today For A Private Showing Before This One Gets Away!!! Bed and bath count are different than tax records, buyer to verify if important.

Property type
Single Family Home
Structure
Single Story
Year built
1959
Parking
2Garage - Attached
Price/Sqft
$179
MLS #
522505
Lot Size
22752 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

Bathrooms

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

Interior

Features: Eating Area, #NONE, Isolated Bedroom, Isolated Bathroom, Security System, Skylight(s)

Exterior

Features: Patio - Covered, Mature Landscape | Pool: true, false, In Ground | Irrigation: Sprinklers Front, Sprinklers Back, Sprinklers Auto

Building

Property Types: Single Family Home, Residential | Year Built: 1959 | Structure: Single Story | Architecture: Ranch | Roof: Shingle - Composition | Siding: Brick | Foundation: Concrete | Floors: Carpet, #OTHER | Windows: Double-Pane

Garage & Parking

Parking: Garage - Attached, 2

Lot

Lot size: 0.52 acres | Lot size: 22752 sqft

Location

County: Fresno | Real Estate Area: 711 | Directions: Browning/ Van Ness | MLS #: 522505

Community

HOA Dues: $0

Appliances

Appliances: Built In Range/Oven, Gas Appliances, Disposal, Dishwasher, Microwave

Heating & Cooling

Air Conditioning: Central Heat & Cool | Fireplaces: 3, Gas Insert

Utilities & Security

Utilities: Public Utilities | Sewer Service: Public Sewer | Water Source: Public Supply

Accessibility

Accessibility: Wheel Chair Access, Ramp, Whl Chr Acc/Shower

School

School District: Fresno Unified | Elementary School: Malloch | Middle School: Tenaya | High School: Bullard

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

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Price
Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Norma Duran 

Listing courtesy of: London Properties, Ltd. |  (559) 436-4000 

Fresno Association of REALTORS®

Tools for buyers

Data provided by: Fresno Association of REALTORS®
Last detected update: October 25, 2019 10:11AM EST ~ Verified on November 15, 2019 06:20AM 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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