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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
203 days on Owners.com
2975 Bryan Ln
TARPON SPRINGS, FL 34688
3 Beds
2 Baths
2,030 ft2
$484,900
Owners.com Estimate:
Estimated Payment:$1,821/mo

Dont want to miss out! This ranch style home is one of a kind on an over-sized corner lot with 2 acres

The property is located near Cypress Lakes with no HOA or CDD fees. The home has 3 bedrooms and 2 bathrooms. The bedroom suite is connected to the bathroom suite with double sinks and Jacuzzi tub. The Kitchen is overlooking the shaded lanai and large fenced in back yard with a barn. The Living room has a fireplace and a sliding door to the screened in lanai. There is a guest room entrance on the side of the home that connects to the guest bedrooms. The guest bathroom is located in hallway of the two guest bedrooms on the other side of home from the private secluded suite. The Home has a spacious attached 2 car garage. The home is currently rented, please call the Realtor directly to schedule a showing appointment.

Property type
Single Family Home
Structure
Single Story
Year built
1984
Parking
Driveway, Garage - Rear Entry, Garage - Side Entry
Price/Sqft
$239
MLS #
T3171857
Lot Size
97162 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: Family Room, Utility

Bathrooms

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

Interior

Features: Unfurnished, Ceiling - Fan(s)

Exterior

Features: Fence, Barn, Stable, Deck, Patio, Porch, Porch - Screened | Pool: false

Building

Property Types: Single Family Home, Residential | Year Built: 1984 | Structure: Single Story | Architecture: Ranch | Construction: Block | Roof: Shingle or Shake | Siding: Brick, Stucco | Foundation: Slab | Floors: Carpet, Tile - Ceramic, Laminate | Windows: Furnished - Blinds

Garage & Parking

Parking: Driveway, Garage - Rear Entry, Garage - Side Entry | Garage: true | Attached Garage: true

Lot

Lot Dimensions: 200x485.81 | Lot size: 2.23 acres | Lot size: 97162 sqft | Lot range: One + to Two Acres | Lot Features: Corner Lot, Oversized Lot, Street Paved | Zoning: RPD-0.5

Location

County: Pinellas | Subdivision: N/A | Directions: Head north on E Lake Rd S and go west on Bryan Ln. The property is on the right hand side, on the corner of Cypress Lakes. | MLS #: T3171857

Community

Condo Features: Pets - Allowed

Appliances

Appliances: Dishwasher, Microwave, Range, Refrigerator

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating | Fireplaces: true, Wood

Utilities & Security

Water Source: Sprinkler Well

School

Elementary School: Brooker Creek Elementary-PN | Middle School: Tarpon Springs Middle-PN | High School: East Lake High-PN

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: Peyton Yon, Jr 

Listing courtesy of: Charles Rutenberg Realty, Inc. |  (866) 580-6402 

Tools for buyers

Data provided by: My Florida Regional MLS DBA Stellar MLS
Last detected update: September 06, 2019 05:07AM 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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