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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
12664 Rangeland Blvd
ODESSA, FL 33556
3 Beds
3 Baths
1,713 ft2
$280,330
Owners.com Estimate:
Estimated Payment:$1,053/mo
HOA:$149, Monthly

Under Construction

Townhome living is ideal when it comes to enjoying everything about your home, because your yard responsibilities are no more, as it is taken care of. When it comes to the Brentwood, this two-story townhome is ideal for the close family or the family just getting started. As you enter into this home you are greeted by the welcoming foyer that is nice and open right into the Great Room, so after a long day at work you can come home and hit the couch right away to have that evening relaxation you were looking forward to. As you head further into the home you will find the gourmet kitchen with an island that is adjacent to the dining room. At the dining room you have access to the lanai and courtyard, so after a nice big meal you can head outside for a breath of fresh air. Convenience is the Brentwood's middle name with a powder room on the first floor and a two-car garage at the rear. On the second floor you will find two bedrooms with a shared full bath as well as the spacious master bedroom complete with a walk-in shower and walk-in closet. The Brentwood is the ideal family home. Now is the time to move the family in, contact us today to schedule a tour!

Property type
Townhome
Structure
Two Story
Year built
2019
Parking
Garage Door Opener, Guest Parking
Price/Sqft
$164
MLS #
T3172120
Lot Size
2394 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: 3
Virtual Tour: virtual tour | Room Types: Attic, Great Room, Utility

Bathrooms

# of Full Bathrooms: 2
# of Half Bathrooms: 1

Interior

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

Exterior

Features: Hurricane Shutters, Lighting, Rain Gutters, Deck, Patio, Porch, Porch - Screened | Pool: false | Irrigation: Irrigation System

Building

Property Types: Townhome, Residential | Year Built: 2019 | Structure: Two Story | Architecture: Custom, Florida | Construction: Block, Frame - Wood | Condition: Under Construction | Roof: Shingle or Shake | Siding: Stone, Stucco | Foundation: Slab | Floors: Carpet, Tile - Ceramic

Garage & Parking

Parking: Garage Door Opener, Guest Parking | Garage: true | Attached Garage: false

Lot

Lot Dimensions: 19x126 | Lot size: 0.06 acres | Lot size: 2394 sqft | Lot range: Up to 10,889 Sq. Ft. | Lot Features: In County, Level, Sidewalks, Street Paved | Zoning: MPUD

Location

County: Pasco | Subdivision: STARKEY RANCH | Directions: Go West on 54 towards Trinity. Take a right onto Heart Pine Avenue until Rangeland Blvd and take a right. Take first right onto Riders Pass and model will be on your left. | MLS #: T3172120

Community

Condo Features: Pets - Allowed | Condo Maintenance: Escrow Reserves Fund, Exterior, Groundskeeping, Pest Control | HOA Dues: $149/ Monthly

Appliances

Appliances: Dishwasher, Microwave, Range

Heating & Cooling

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

Utilities & Security

Utilities: Cable - Available / In Street, Electricity, Fiberoptic, Fire Hydrant, Gas, Public, Sprinkler Meter, Sprinkler Recycled, Street Lights | Safety and Security: Smoke Detector

School

Elementary School: Odessa Elementary | Middle School: River Ridge Middle-PO | High School: River Ridge High-PO

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: Michael Ceparano 

Listing courtesy of: FUTURE HOME REALTY INC |  (813) 855-4982 

Tools for buyers

Data provided by: My Florida Regional MLS DBA Stellar MLS
Last detected update: October 14, 2019 09:56PM 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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