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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
197 days on Owners.com
11235 Spring Point Cir
RIVERVIEW, FL 33579
4 Beds
3 Baths
2,636 ft2
$289,500
Owners.com Estimate:
Estimated Payment:$1,087/mo
HOA:$38, Monthly

BRING ALL OFFERS! Built in 2016 with a perfect layout

Chef-size kitchen comes with beautiful stone counter tops, 42-inch cabinets, a center island, a huge walk-in pantry with stainless steel appliances. The living room is on the opposite side of the home across the hall. Open dining area is next to the kitchen making it very easy to host and entertain family and guests. The sliding glass doors lead to the back porch with a completely fenced backyard with plenty room for a pool. Also on the first floor is a powder room with a bonus room/bedroom. Upstairs is the master, 2 guest bedrooms, a loft and the laundry room. The master bedroom has great natural lighting and the master bath comes with a double vanity, stone countertops, a large walk-in shower with glass doors and an oversized walk-in closet. The guest bedrooms share a full-size bathroom, which also has been upgraded with a double vanity and stone countertops. Some of the included upgrades are: an oversized Lot, PVC privacy fence, water softener system, natural gas on-demand water heater, Nest thermostat, rough-in plumbing and electric on the back porch, storage room under the stairs and hurricane shutters. The Lucaya Lake Club community is located on a 78-acre lake. Residents have full access to the lake, community kayaks, the resort-style community pool, a park and a large playground. Conveniently located close to shopping, restaurants and easy access to i-75. Dont wait!

Property type
Single Family Home
Structure
Two Story
Year built
2016
Parking
Driveway, Garage Door Opener
Price/Sqft
$110
MLS #
T3170504
Lot Size
6543 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: Bonus, Living Room, Utility, Loft, Laundry

Bathrooms

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

Interior

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

Exterior

Features: Fence, Hurricane Shutters, Sidewalks, Patio - Covered, Porch | Pool: false | Irrigation: Irrigation System

Building

Property Types: Single Family Home, Residential | Year Built: 2016 | Structure: Two Story | Architecture: Florida, Traditional | Construction: Block | Condition: Completed | Roof: Shingle or Shake | Siding: Stucco | Foundation: Slab | Floors: Carpet, Tile - Ceramic, Laminate | Windows: Furnished - Blinds, Furnished - Curtains / Drapes

Garage & Parking

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

Lot

Lot Dimensions: 50x131 | Lot size: 0.15 acres | Lot size: 6543 sqft | Lot range: Up to 10,889 Sq. Ft. | Lot Features: In City Limits, Oversized Lot | Zoning: SFR

Location

County: Hillsborough | Subdivision: LUCAYA LAKE CLUB PH 1B | Directions: From US 301 turn E on Rhodine Rd to S on Summerfield Blvd then W on Lake Lucaya Dr. Turn S onSpring Point Cir and to 11235 Spring Point Cir. | MLS #: T3170504

Community

Condo Features: Pets - Allowed | Condo Maintenance: Community Pool, Groundskeeping, Pool Maintenance, Recreational Facilities | HOA Dues: $38/ Monthly

Appliances

Appliances: Dishwasher, Disposal, Dryer, Water Heater - Gas, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Washing Machine

Heating & Cooling

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

Utilities & Security

Utilities: Cable - Available / In Street, Electricity, Gas Utlities (Natural), Sprinkler Meter, Street Lights, Underground Utilities | Sewer Service: Connected

School

Elementary School: Collins-HB | Middle School: Rodgers-HB | High School: Riverview-HB

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

Property History & Valuation

Local Insights

Listing provided by: Andrei Dovgopolyi 

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 17, 2019 11:12AM 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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