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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
13680 87th Pl
SEMINOLE, FL 33776
2 Beds
2 Baths
1,504 ft2
$245,000
Owners.com Estimate:
Estimated Payment:$920/mo

JUST REDUCED PRICE & SELLER WILL CONTRIBUTE $5000 to BUYERS CLOSING COSTS!!! MUST SEE THIS SEMINOLE HOME FOR SALE with a LARGE SPACIOUS FLOOR PLAN! BRAND NEW ROOF (APRIL 2019)! LOTS OF ROOM FOR YOU TO DO JUST ABOUT ANYTHING! Check out the fenced in backyard and Florida Room with tons of natural light, perfect for entertaining

Seminole/North Redington Beach area, short distance to all three Seminole schools and just a few minutes to the beach. Large Rooms with open concept, 2-car garage with a laundry room. Good size family room and plenty of storage. Add a little lipstick and this place will look GORGEOUS! NO flood insurance required (Zone X) and NO HOA!! Easy access to main roads and airports. Close to parks, shopping and FLORIDA's amazing beaches, restaurants, grocery stores, shops, and the New Seminole Center just 10 minutes away! Take a nice walk, jog, or bike ride around this lovely neighborhood or over to the beach for the Sunsets. The Pinellas Trail is another option close by along with Music in the Park at one of the many parks. EASY TO SHOW, call for any details.

Property type
Single Family Home
Structure
Single Story
Year built
1973
Parking
Garage Door Opener
Price/Sqft
$163
MLS #
T3171603
Lot Size
7275 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: 2
Virtual Tour: virtual tour | Room Types: Bonus, Great Room, Utility, Laundry

Bathrooms

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

Interior

Features: Storage, Ceiling - Fan(s), Thermostat

Exterior

Features: Fence, Patio - Covered, Front Porch | Pool: false

Building

Property Types: Single Family Home, Residential | Year Built: 1973 | Structure: Single Story | Architecture: Florida | Construction: Block | Roof: Shingle or Shake | Siding: Stucco | Foundation: Slab | Floors: Carpet, Tile - Ceramic | Windows: Furnished - Blinds

Garage & Parking

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

Lot

Lot Dimensions: 70x104 | Lot size: 0.17 acres | Lot size: 7275 sqft | Lot range: Up to 10,889 Sq. Ft. | Lot Features: In City Limits, Street Paved | Zoning: R-3

Location

County: Pinellas | Subdivision: OAKHURST TERRACE | Directions: From Oakhurst Road (just north of 86th Avenue) turn East onto 87th Place. Home will be down on the right. | MLS #: T3171603

Appliances

Appliances: Dishwasher, Range, Refrigerator

Heating & Cooling

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

Utilities & Security

Utilities: Cable - Available / In Street, Street Lights | Safety and Security: 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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Property Tax

Price History

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Price
Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Becky Sigler 

Listing courtesy of: VINTAGE REAL ESTATE SERVICES |  (813) 684-0001 

Tools for buyers

Data provided by: My Florida Regional MLS DBA Stellar MLS
Last detected update: October 22, 2019 04:31PM 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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