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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
200 days on Owners.com
15313 Renaissance Avenue
ODESSA, FL 33556
4 Beds
3 Baths
3,579 ft2
$539,899
Owners.com Estimate:
Estimated Payment:$2,027/mo
HOA:$80, Annually

Brand new David Weekley Home

Welcome to your fantasy home, welcome to the NORCHESTER. This very popular Two story home is located on a conservation homesite that's perfect for a pool or outdoor living retreat; it has 4 bedrooms, 3 bathrooms, a study, 3 car garage and retreat. Another signature David Weekley Open Plan concept where everyone can eat at the kitchen island or in the dining area and still be involved in family activities. In the Norchester plan, the Owners Retreat is located on the 1st floor, with beds 2, 3 and 4 along with the retreat on the 2nd floor. The kitchen as well as the main area of the home is complete with laminate wood flooring, beautiful white maple cabinets and quartz countertop/island. Did I forget to mention the designer appliance package with Grill Cooktop, built in oven and microwave and a stunning backsplash. In this home, you're Just steps away from the resort-style community pool and fitness center. There's something for everyone. Come see today. It's a home and lifestyle you'll love!

Property type
Single Family Home
Structure
Two Story
Year built
2019
Parking
Garage Door Opener
Price/Sqft
$151
MLS #
T3172170
Lot Size
7800 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: 4
Virtual Tour: virtual tour | Room Types: Bonus, Den, Family Room, Utility

Bathrooms

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

Interior

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

Exterior

Features: Hurricane Shutters, Lighting, Rain Gutters, Storage, Patio - Covered, Patio | Pool: false | Irrigation: Irrigation System

Building

Property Types: Single Family Home, Residential | Year Built: 2019 | Structure: Two Story | Architecture: Traditional | Construction: Block, Frame - Wood | Condition: Completed | Roof: Shingle or Shake | Foundation: Slab | Floors: Carpet, Tile - Ceramic, Wood | Windows: Thermopane

Garage & Parking

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

Lot

Lot Dimensions: 65X120 | Lot size: 0.18 acres | Lot size: 7800 sqft | Lot range: Up to 10,889 Sq. Ft. | Lot Features: In County, Level, Sidewalks, Street Paved | Zoning: MPUD

Location

County: Pasco | Subdivision: ASTURIA PHASE 3 | Directions: Take 589 North to Exit 19 towards New Port Richey/Zephyrhills. Keep left to take ramp towards New Port Richey. Turn Left on SR 54. The community is on the right. | MLS #: T3172170

Community

Condo Features: Pets - Allowed | Condo Maintenance: Recreational Facilities | HOA Dues: $80/ Annually

Appliances

Appliances: Oven - Built-in, Cooktop, Dishwasher, Disposal, Exhaust, Water Heater - Gas, Microwave, Range Hood

Heating & Cooling

Air Conditioning: Central Air, Zoned | Heating: Central Heating, Radiant Ceiling, Zoned | Fireplaces: false

Utilities & Security

Utilities: BB/HS Internet Available, Cable - Available / In Street, Electricity, Fiberoptic, Fire Hydrant, Gas Utlities (Natural), Gas Utlities (Natural Available), Public, Sprinkler Recycled, Street Lights, Underground Utilities | Safety and Security: Security System Owned, Smoke Detector

School

Elementary School: Odessa Elementary | Middle School: Seven Springs Middle-PO | High School: J.W. Mitchell 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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Source: County(Public) Records

School Information

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Local Insights

Listing provided by: Leonard Jaffe 

Listing courtesy of: WEEKLEY HOMES REALTY COMPANY |  (866) 493-3553 

Tools for buyers

Data provided by: My Florida Regional MLS DBA Stellar MLS
Last detected update: October 15, 2019 04:15AM 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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