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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
196 days on Owners.com
2416 Ryan Blvd
PUNTA GORDA, FL 33950
3 Beds
2 Baths
1,962 ft2
$439,900
Owners.com Estimate:
Estimated Payment:$1,652/mo

**PLEASE VIEW OUR 3D INTERACTIVE VIRTUAL TOUR** Sought after Towles Built custom home on 100 wide Golf Course lot w/ a view of lake

Once through the welcoming elevated entry, the foyer w/ double decorative glass doors & large tile with design floor, exposes the open floor plan overlooking the pool & Golf Course. The 3 panel 8 sliders disappear allowing the living area to join the lanai & pool area, featuring an elevated deck w/ planter area, built in table & bench for drinks in the pool. The dining area off the foyer boasts plantation shutters. The main living area is perfect for entertaining or watching TV. The remodeled open kitchen design has all the latest, featuring a massive granite counter island w/ sink. The wood cabinetry is well detailed w/ ornamental hood & welcoming with a warm blend of colors. The nook has a built-in china cabinet. The stainless-steel appliances have both range & wall ovens. Both the Master & Guest bedrooms have well laid out entrances creating a secluded feel. The master bedroom opens to the lanai & pool area. The master walk in closet has lots of shelving. The spacious master bath has separate full sized vanities, a private toilet room, garden tub & a walk-in shower area. The guest hall has a pocket door separating the living area. The guest hall has access to the pool, guest bath & 2 bedrooms. Guest bedrooms have large double bifold door closets. The lanai and front windows have accordion shutters. This home is very warm & welcoming, CALL TODAY FOR A PRIVATE SHOWING!

Property type
Single Family Home
Structure
Single Story
Year built
2000
Parking
Driveway, Garage Door Opener, Off Street, Oversized
Price/Sqft
$224
MLS #
C7415204
Lot Size
12000 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: Laundry

Bathrooms

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

Interior

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

Exterior

Features: Hurricane Shutters, Rain Gutters, Sidewalks, Patio - Covered, Porch - Screened | Pool: true, Gunite, In Ground

Building

Property Types: Single Family Home, Residential | Year Built: 2000 | Structure: Single Story | Architecture: Florida | Construction: Block | Roof: Tile | Siding: Stucco | Foundation: Stem Wall | Floors: Carpet, Tile - Ceramic | Windows: Window Treatments, Furnished - Blinds

Garage & Parking

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

Lot

Lot size: 0.28 acres | Lot size: 12000 sqft | Lot range: 1/4 Acre to 21779 Sq. Ft. | Lot Features: Flood Insurance Required, In City Limits, Level, On Golf Course, Sidewalks, Street Paved | Zoning: GS-3.5

Location

County: Charlotte | Subdivision: PUNTA GORDA ISLES SEC 12 | Directions: Take Bal Harbor Blvd south to Deborah Dr, make right to Carmichael Dr, make left to Ryan Blvd, make left home is on left. | MLS #: C7415204

Community

Condo Features: Pets - Allowed

Appliances

Appliances: Oven - Built-in, Dishwasher, Disposal, Water Heater - Electric, Exhaust, Microwave, Range Hood, Refrigerator

Heating & Cooling

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

Utilities & Security

Utilities: BB/HS Internet Available, Cable - Available / In Street, Electricity, Fire Hydrant, Telephone | Sewer Service: Connected | Safety and Security: Smoke Detector

School

Elementary School: Sallie Jones Elementary | Middle School: Punta Gorda Middle | High School: Charlotte 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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Price History

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Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Thomas Murphy 

Listing courtesy of: TODAY'S REAL ESTATE TEAM LLC |  (941) 628-2004 

Tools for buyers

Data provided by: My Florida Regional MLS DBA Stellar MLS
Last detected update: October 17, 2019 12:48PM 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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