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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 304 days
8129 Cassia Dr
Boynton Beach, FL 33472
3 Beds
2 Baths
1,845 ft2
Sold for
$150,000
Owners.com Estimate:
Estimated Payment:$638/mo

Sought after Foxmoore 2 model in Hampton

This villa is as close as you can get to living on the golf course. Kitchen has been remodeled with granite counter tops. There are pull out drawers in the kitchen for your convenience. The master suite is large with a walk-in closet and another ample closet. There is a sky light for additional outside light filtering into the suite. In the master bath the counter tops are raised for easy access and there is also a Jacuzzi tub. This home has 3 full bedrooms with one used as a den/office with built-in furniture. The A/C lanai is glassed enclosed, giving you an additional 264 sq ft of living space which has a beautiful view of the new golf course. Laundry room has slop sink and pull down stairs in garage for storage. Bring Offers!!

Property type
Villa
Year built
1988
Parking
2.00Garage - Automatic Opener, Garage - Attached
Price/Sqft
$92
MLS #
RX-10382724
Lot Size
7946 sqft
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SAVE PREFERENCES

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: Foyer, Den, Family Room

Bathrooms

# of Full Bathrooms: 2
# of Half Bathrooms: 0

Interior

Features: Vacuum - Central, Closet Cabinets, Pantry, Roman Tub, Skylight(s), Furniture - Negotiable

Exterior

Features: Patio - Covered, Patio - Screened | Pool: false | Irrigation: Auto Sprinkler

Building

Property Types: Villa | Year Built: 1988 | Construction: CBS | Roof: S-Tile | Floors: Carpet, Tile - Ceramic | Windows: Double Hung Metal, Sliding

Garage & Parking

Parking: Garage - Automatic Opener, Garage - Attached, 2.00

Lot

Lot size: 7946 sqft Lot Features: < 1/4 Acre | Zoning: res

Location

County: Palm Beach | Subdivision: ABERDEEN/Hampton | Real Estate Area: 4590 | Directions: Hagen Ranch and Le Chalet Blvd | MLS #: RX-10382724

Community

Condo Maintenance: Cable, Common Areas, Landscaping, Reserve, Roof Maintenance, Security, Sewage, Trash - Removal

Appliances

Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range - Electric, Refrigerator, Washing Machine, Water Heater - Electric

Heating & Cooling

Air Conditioning: Central Air, Electric, Reverse Cycle | Heating: Central Heating, Electric

Utilities & Security

Utilities: Electricity | Safety and Security: Fire Alarm, Smoke Detector, Burglar Alarm, Security Patrol, Security Sys-Owned

School

Elementary School: Crystal Lake Elementary School | Middle School: Christa Mcauliffe Middle School | High School: Park Vista Community 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: Sheila B Aron 

Listing courtesy of: Lang Realty/ BR |  (561) 998-0100 

Tools for buyers

Data provided by: Realtor Association of the Palm Beaches
Last detected update: September 26, 2019 06:01AM EST ~ Verified on November 10, 2019 03:20AM 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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