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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 188 days
1429 Rodman St
Hollywood, FL 33020
4 Beds
4 Baths
-- ft2
Sold for
$530,000
Owners.com Estimate:
Estimated Payment:$2,065/mo

PRICE TO SELL!! East of US1 and in Hollywood Lakes! Beautifully remodeled 4 bedroom/4 bathroom house that is ready to move in

Amazing open kitchen with sparkling white granite counter tops and rich wood cabinets and a pantry. Master bedroom has huge walk-in closets and french doors that open to the lovely patio. Master bathroom has double sinks and stunning glass enclosure shower. Beautiful family room with TV area. Bonus 4th room that can be used as an office or a fitness, room does not have a built in closet. Remote controlled ceiling fans. Impact windows and doors. New plumbing and septic tank. 1 car garage with additional parking in circular driveway. Close to beach, shopping, dining, and schools.

Property type
Single Family Home
Structure
Single Story
Year built
1951
Parking
Driveway - Circular
MLS #
A10372793
Lot Size
8130 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: 4
Virtual Tour: virtual tour | Room Types: Family Room, #OTHER

Bathrooms

# of Full Bathrooms: 4
# of Half Bathrooms: 0

Interior

Features: Laundry Chute, Pantry

Exterior

Features: Fence, Patio, Room For Pool

Building

Property Types: Single Family Home | Year Built: 1951 | Structure: Single Story | Architecture: Attached, R30-No Pool/No Water | Construction: CBS Construction | Roof: Barrel Roof | Floors: Marble, Tile | Windows: Impact Glass

Garage & Parking

Parking: Driveway - Circular | Garage: Attached

Lot

Lot size: 8130 sqft Lot Features: Less Than 1/4 Acre Lot | Zoning: RES

Location

County: Broward County | Subdivision: SUNSET TRAILS NO 3 | Real Estate Area: 3030 | MLS #: A10372793

Appliances

Appliances: Dishwasher, Disposal, Dryer, Microwave, Range - Electric, Refrigerator, Washing Machine

Heating & Cooling

Air Conditioning: Ceiling Fans, Central Cooling | Heating: Central Heat

Utilities & Security

Sewer Service: Municipal Sewer | Water Source: Municipal Water

School

Elementary School: Hollywood Centl | Middle School: Olsen | High School: South Broward

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: Telys Smith 

Listing courtesy of: RE/MAX 5 Star Realty |  (954) 361-0000 

Tools for buyers

Data provided by: MIAMI Real Estate
Last detected update: May 24, 2018 12:49PM EST ~ Verified on October 21, 2019 02:53PM 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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