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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
202 days on Owners.com
7086 Crown Dr
ENGLEWOOD, FL 34224
3 Beds
2 Baths
1,727 ft2
$280,000
Owners.com Estimate:
Estimated Payment:$1,051/mo

WOnderful opportunity to own a custom built one owner home where true pride in home ownership abounds

Located in Flood zone "X", this charming three bedroom home on a corner lot offers lots of space for entertaining and boasts tile throughout.You can feel safe with the alarm system gaurding the doors while you relax in the pool. Owner states pool genie and hot water heater and garbage disposal are new as of September 2019.

Property type
Single Family Home
Structure
Single Story
Year built
2005
Price/Sqft
$162
MLS #
D6106776
Lot Size
12569 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
Virtual Tour: virtual tour

Bathrooms

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

Interior

Features: Ceiling - Fan(s)

Exterior

Features: Rain Gutters | Pool: true, Child Gate Fence, In Ground

Building

Property Types: Single Family Home, Residential | Year Built: 2005 | Structure: Single Story | Construction: Block | Roof: Shingle or Shake | Siding: Stucco | Foundation: Slab | Floors: Tile - Ceramic

Garage & Parking

Garage: true | Attached Garage: true

Lot

Lot size: 0.29 acres | Lot size: 12569 sqft | Lot range: 1/4 Acre to 21779 Sq. Ft. | Zoning: RSF3.5

Location

County: Charlotte | Subdivision: PORT CHARLOTTE SEC 065 | Directions: From S McCall rd. turn South onto Oceanspray blvd., then Southeast onto Peacock Ln. Turn North onto Crown Dr and the home will appear on the corner of Crown Dr. and Yuba Ln. | MLS #: D6106776

Community

Condo Features: Pets - Allowed

Appliances

Appliances: Dishwasher, Water Heater - Electric, Range

Heating & Cooling

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

Utilities & Security

Utilities: Electricity

School

Middle School: L.A. Ainger Middle | High School: Lemon Bay High

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

Price History

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Price
Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Billy Creech 3rd 

Listing courtesy of: EDGERTON REALTY & DEVELOPMENT |  (941) 460-1900 

Tools for buyers

Data provided by: My Florida Regional MLS DBA Stellar MLS
Last detected update: October 22, 2019 05:17AM 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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