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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 51 days
2075 Maricio Cir
Thousand Oaks, CA 91360
3 Beds
2 Baths
1,834 ft2
Sold for
$794,000
Owners.com Estimate:
Estimated Payment:$2,963/mo
HOA:$0

You have a second chance on this beautiful home! A tasteful remodeled and updated pool home with an open floorplan is located on spacious corner lot! Upgrades include: Stunning master bath, engineered wood flooring, led lighting throughout, ceiling speakers in dining room, master suite, bonus room and patio, electrical panel, energy saving Gable attic fan and plantation shutters, nest thermostat and some energy efficient pool equipment

The remodeled kitchen has stone counters, Viking stainless appliances, subway tile backsplash with eat-in area. The comfortable family room with surround sound and cozy fireplace sides to the kitchen with french doors that open to the backyard. The light-filled master bedroom with generous newly remodeled master bath has decorator touches and finishes. The versatile bonus room off of the living area (also with access to the backyard) is a perfect space for a game/play/toy room or she-cave/man-cave! The private backyard has a large grassy area that is separate from the pool with an outside eating area to complete the backyard space. Extra deep garage that has plenty of room for storage. Cul-de-sac location that is close to shopping, great schools, hiking and biking trails.

Property type
Residential
Structure
Single Story
Year built
1966
Parking
2.0, 2Garage - Attached, Garage
Price/Sqft
$430
MLS #
SR19095683
Lot Size
9900 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: 3 | Room Types: Family Room, Living Room

Bathrooms

# of Full Bathrooms: 2

Interior

Features: Lighting - Recessed

Exterior

Features: Masonry Fence, Curbs, Sidewalks, Back Yard, Front Yard, Lawn | Pool: true, In Ground, Private

Building

Property Types: Residential, Single Family Home | Year Built: 1966 | Structure: Single Story | Floors: Laminate, Stone Tile

Garage & Parking

Parking: Garage - Attached, Garage, 2.0, 2

Lot

Lot size: 0.2273 acres | Lot size: 9900 sqft | Lot Features: Landscaped

Location

County: Ventura | Subdivision: Conejo Hills (302) | Real Estate Area: Thousand Oaks West (TOW) | MLS #: SR19095683

Community

HOA Dues: $0

Appliances

Appliances: Dryer, Washing Machine, Dishwasher, Oven - Convection, Oven - Gas, Gas Oven / Range, Range, Microwave

Heating & Cooling

Air Conditioning: Central Air | Fireplaces: true

Utilities & Security

Water Source: Public, Water District

School

School District: Conejo Valley Unified School District

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

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Local Insights

Listing provided by: Kathleen Finnegan 

Listing courtesy of: Berkshire Hathaway HomeService |  (818) 223-9100 

Tools for buyers

Data provided by: Palm Springs Regional Association of REALTORS®
Last detected update: June 21, 2019 09:46AM EST ~ Verified on November 10, 2019 06:25AM 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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