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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
203 days on Owners.com
1470 Olympic Club Blvd
CHAMPIONS GT, FL 33896
4 Beds
3 Baths
2,599 ft2
$342,120
Owners.com Estimate:
Estimated Payment:$1,285/mo
HOA:$497, Monthly

This exceptional one story home has 4 bedrooms, 3 bathrooms and a 3 car garage

The impressive kitchen comes with breakfast nook plus has a large island that overlooks a combined family, dining & living room. The master bedroom has a walk in shower and his and her sinks. We have a limited release of NEW homes that sit on well-maintained sites with golf and conservation views, perfect for relaxing with friends and loved ones. With Everythings Included, luxury and value go hand in hand. New highly energy efficient homes feature 42 maple cabinetry, quartz countertops in both kitchen and bathrooms, stainless steel appliances, state of the art security system faux-wood blinds, and expansive covered lanais to enjoy your gorgeous golf and conservation views and much more! -For limited time, take advantage of our lender based incentives! Enjoy the resort style pool, spa, tennis, basketball, golf, fitness center, on site concierge, and much more. CHAMPIONS GATE RESORT ORLANDO OASIS CLUB CLUBHOUSE AND WATER-PARK: Amenities will include: Lazy River, Water-slides, Swim-Up Bar, Water Falls, Beach Entry, Spa, Splash Pad, Grill, Bar, Fitness Area, Theatre, Games Room, Tiki Bar and Cabanas. Simply relax by the pool, watch your family have the time of their life. All of these amenities are INCLUDED in HOA.

Property type
Single Family Home
Structure
Single Story
Year built
2019
Parking
Driveway, Garage Door Opener
Price/Sqft
$132
MLS #
T3172009
Lot Size
7405 sqft
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My Home Features

Rooms

Bedrooms: 4
Virtual Tour: virtual tour | Room Types: Family Room, Utility

Bathrooms

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

Interior

Features: In Wall Pest System, Open Floor Plan, Counter(s) - Solid, Thermostat

Exterior

Features: Patio - Covered, Patio, Porch | Pool: false | Irrigation: Irrigation System, Sprinkler Metered

Building

Property Types: Single Family Home, Residential | Year Built: 2019 | Structure: Single Story | Construction: Block | Condition: Completed | Roof: Tile | Siding: Stucco | Foundation: Slab | Floors: Carpet, Tile - Ceramic | Windows: Furnished - Blinds, Thermopane

Garage & Parking

Parking: Driveway, Garage Door Opener | Garage: true | Attached Garage: true

Lot

Lot size: 0.17 acres | Lot size: 7405 sqft | Lot range: Up to 10,889 Sq. Ft. | Lot Features: Street Paved, Street Private | Zoning: P-D

Location

County: Osceola | Subdivision: CHAMPIONSGATE 60 PH II | Directions: FROM ORLANDO- Take I-4 to Exit 58. Take a right on ChampionsGate Boulevard heading west. Continue on ChampionsGate Boulevard, make a make a right on Masters Boulevard and Make left on Tri-County Rd and continue to Lennar entrance on the left. | MLS #: T3172009

Community

Condo Features: Pets - Allowed | Condo Maintenance: Recreational Facilities, Community Pool, Groundskeeping, Security | HOA Dues: $497/ Monthly

Appliances

Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washing Machine

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating, Electric | Fireplaces: false

Utilities & Security

Utilities: Cable - Available / In Street, Cable - Interior Connections, Electricity, Sprinkler Meter, Sprinkler Recycled, Street Lights, Underground Utilities | Safety and Security: Gated Community, Security System Owned, Smoke Detector

School

Elementary School: Deerwood Elem (Osceola Cty) | Middle School: Discovery Intermediate | High School: Poinciana 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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Price History

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Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Ben Goldstein 

Listing courtesy of: LENNAR REALTY |  (800) 229-0611 

Tools for buyers

Data provided by: My Florida Regional MLS DBA Stellar MLS
Last detected update: October 22, 2019 04:57AM EST ~ Verified on November 15, 2019 05:42AM 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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