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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
194 days on Owners.com
4344 Antietam Creek Trl
LEESBURG, FL 34748
2 Beds
2 Baths
2,426 ft2
$279,900
Owners.com Estimate:
Estimated Payment:$1,051/mo
HOA:$95.12, Monthly

Gorgeous conservation view behind this move-in ready home, vacant & quick close

Near front of community/mature landscaping & lg screened lanai. Enter through the beautiful etched front door & view the welcoming dining room/wood floor & the formal living room/patio doors to the large screened lanai. Open & upgraded kitchen/42 wood cabinets, tile floor, unique granite counter-top/back splash, newer stainless appliances, closet pantry & under/over cabinet lighting. Family room off kitchen is great for t.v. or entertaining. Master bedrm is carpeted/large master bath/lg shower, double vanities & garden tub. 2nd bedrm is carpeted & next to guest bath. Office/den/wood floor could also be a great 3rd bedrm. Extras incl: no rear neighbors, 9 ceilings, new AC in 2014 (space saver in garage ceiling), 2 car garage, interior laundry rm/W/D. This is a gated senior golf community/too many club & activities to mention. Resort style amenities incl: high-speed internet, WIFI, manned security gate, basic lawn care, 2 heated swimming pools, hot tub, fitness center/nautilus equipment & cardio equipment, lighted tennis & pickleball courts, ballrm/stage & dance floor, free movie theater, restaurant & pub, low HOA dues, safe & very friendly. Community is golf cart & pet friendly/driving range, putting green & within min. of a free boat ramp on the 15,000 acres Lake Harris chain of 9 connected lakes. Why build when all your extras are incl on this premium lot? Seller will pay golf course bond of $1615. with a full price offer!

Property type
Single Family Home
Structure
Single Story
Year built
2006
Parking
Driveway, Garage Door Opener, Off Street
Price/Sqft
$115
MLS #
G5015175
Lot Size
8157 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: 2
Virtual Tour: virtual tour | Room Types: Den, Laundry

Bathrooms

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

Interior

Features: Ceiling - Fan(s), Open Floor Plan, Counter(s) - Solid

Exterior

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

Building

Property Types: Single Family Home, Residential | Year Built: 2006 | Structure: Single Story | Architecture: Florida | Construction: Block | Condition: Completed | Roof: Shingle or Shake | Siding: Stucco | Foundation: Slab | Floors: Carpet, Tile - Ceramic, Wood | Windows: Thermopane, Window Treatments

Garage & Parking

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

Lot

Lot Dimensions: 71x110 | Lot size: 0.19 acres | Lot size: 8157 sqft | Lot range: Up to 10,889 Sq. Ft. | Lot Features: Conservation Area, Greenbelt, In County, Near Golf Course, Sidewalks | Zoning: PUD

Location

County: Lake | Subdivision: ARLINGTON RIDGE | Directions: On Hwy 27, 3 miles south of Leesburg or 10 miles North of Clermont. Go through sec gate at Arlington Ridge, show RE & DL. first left on Chatham Way, rt. on Antietam Creek Trail, home on left, sign in yard. | MLS #: G5015175

Community

Condo Features: Pets - Allowed | Condo Maintenance: Cable, Recreational Facilities, Sauna, Community Pool, Internet Service, Groundskeeping | HOA Dues: $95.12/ Monthly

Appliances

Appliances: Dishwasher, Range, Refrigerator

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating, Natural Gas Heat | Fireplaces: false

Utilities & Security

Utilities: Cable - Available / In Street, Electricity, Fire Hydrant, Gas Utlities (Natural), Sprinkler Recycled, Street Lights, Underground Utilities | Sewer Service: Connected | Safety and Security: Gated Community, Gated Entry, Security Lights, Security System Owned, 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

School Information

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Local Insights

Listing provided by: Susan Halverson, PA 

Listing courtesy of: KW ELITE PARTNERS III REALTY |  (321) 527-5111 

Tools for buyers

Data provided by: My Florida Regional MLS DBA Stellar MLS
Last detected update: October 21, 2019 09:12AM EST ~ Verified on November 08, 2019 04:52AM 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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