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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 175 days
2810 Gleason Pkwy
CAPE CORAL, FL 33914
4 Beds
3 Baths
2,493 ft2
Sold for
$570,000
Owners.com Estimate:
Estimated Payment:$2,212/mo
HOA:$0

MAJOR PRICE ADJUSTMENT

.... sellers say get it sold! Like new SW Cape Coral Gulf Access custom Paul Home. This beautiful home is better than new..... 4 bedrooms plus an office/den, 3 baths, 3 car garage, salt water, heated pool, high ceilings and tray ceilings in most rooms. The home is located just off Surfside Blvd and is surrounded by newer homes. It features southern exposure, tile roof, security system, outdoor summer kitchen, high impact windows and doors and speaking of windows there is an abundance of them making this home very bright. The open floor plan features split bedrooms, great room, separate office/den, diagonal tile floors throughout, great storage and the peace of mind of a monitored security system. There are too many more upgrades and features to mention here. If it would work for the new buyers, the sellers would like to rent back until the end of May 2018. Can't you just see yourselves lounging by the pool with your tall drink after your boat ride watching our magnificent SW Florida sunset as your dinner is cooking in your outdoor kitchen. Life at it's best, isn't it your turn to live the Florida lifestyle?

Property type
Single Family Home
Structure
Great Room, Split Bedrooms
Year built
2014
Parking
3.00Garage - Automatic Opener, Garage - Attached, Driveway - Circular
Price/Sqft
$236
MLS #
217069553
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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: 4
Virtual Tour: virtual tour | Room Types: Great Room, Guest Bathroom, Guest Room, Study / Office, Den, Foyer

Bathrooms

# of Full Bathrooms: 3
# of Half Bathrooms: 0

Interior

Features: #NONE, Security System, Unfurnished, Built-In Cabinets, Cable Prewire, Laundry Tub, Pantry

Exterior

Features: Porch - Screened, Fence, Summer Kitchen | Pool: true, Below Ground, Equipment Stays, Heated - Solar, Pool Bath, Salt Water System, Screened | Irrigation: Sprinkler - Auto, Irrigation - Assessment Unpaid

Building

Property Types: Single Family Home, Residential | Year Built: 2014 | Structure: Great Room, Split Bedrooms | Construction: Block | Roof: Tile | Siding: Stucco | Floors: Tile | Windows: Coverings, Impact Resistant, Storm Shutters - Electric, Single Hung, Sliding, Transom

Garage & Parking

Parking: Garage - Automatic Opener, Garage - Attached, Driveway - Circular, 3.00

Lot

Lot size: 0.2296 acres | Lot Features: Regular | Zoning: R1-W

Location

County: Lee | Real Estate Area: CC22 - Cape Coral Unit 69,70,72- | MLS #: 217069553

Community

Condo Features: Pets - Allowed | Condo Maintenance: #NONE | HOA Dues: $0

Appliances

Appliances: Dishwasher, Disposal, Gas Grill, Microwave, Range, Refrigerator, Grill

Heating & Cooling

Air Conditioning: Central Electric | Heating: Central Electric

Utilities & Security

Sewer Service: Assessment Unpaid | Water Source: Assessment Unpaid | Safety and Security: Smoke Detector

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

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Local Insights

Listing provided by: Donna Stout 

Listing courtesy of: Miloff Aubuchon Realty Group |  (239) 542-1075 

Florida Gulf Coast MLS

Tools for buyers

Data provided by: Florida Gulf Coast MLS
Last detected update: May 10, 2018 03:25AM EST ~ Verified on November 04, 2019 08:31PM 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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