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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."
SOLD
Sold in 103 days
76 Yacht Club Pl
Tequesta, FL 33469
4 Beds
2 Baths
1,859 ft2
Sold for
$450,000
Owners.com Estimate:
Estimated Payment:$1,765/mo

Located in the most sought after golfing and boating community of The Village of Tequesta

This updated CBS single family home has a split and open floor plan which is made up of 4 bedrooms and 2 bathrooms.*Smart Home Ready is key with full structured cabling platforms, surveillance cameras with remote accessibility, security intrusion system with 1 year of central station monitoring, managed wireless network with associated access points for whole house wireless connectivity, and audio/video control capability! All bedrooms are comprised of gorgeous wood style flooring. Enjoy the large screened in covered patio, expansive circular driveway and 2 car garage. Beautifully landscaped yard and plenty of side space for boat/RV storage too! Move-In Ready!

Property type
Single Family Home
Year built
1969
Parking
2.00Garage - Automatic Opener, 2+ Spaces, Driveway - Circular, Driveway, Garage - Attached, RV/Boat Parking
Price/Sqft
$253
MLS #
RX-10382749
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: 4 | Room Types: Foyer, Den, Family Room, Great Room, Utilities in Garage

Bathrooms

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

Interior

Features: Pantry, Furniture - Negotiable, Unfurnished, Ceiling - Fan(s)

Exterior

Features: Satellite Dish, Patio - Covered, Custom Lighting, Patio - Screened, Summer Kitchen | Pool: false, Room for a Pool | Irrigation: Auto Sprinkler, Zoned Sprinkler

Building

Property Types: Single Family Home | Year Built: 1969 | Architecture: Ranch | Construction: CBS | Roof: Shingle - Composition | Floors: Tile - Ceramic, Laminate | Windows: Awning, Furnished - Blinds

Garage & Parking

Parking: Garage - Automatic Opener, 2+ Spaces, Driveway - Circular, Driveway, Garage - Attached, RV/Boat Parking, 2.00

Lot

Lot Dimensions: 100.0 ft x 0.0 ft | Lot size: 12000 sqft | Lot Features: 1/4 to 1/2 Acre | Zoning: Res

Location

County: Palm Beach | Subdivision: Tequesta Country Club | Real Estate Area: 5060 | Directions: Tequesta Drive into Tequesta Country Club. Take first right onto Yacht Club Place, third house on the right. | MLS #: RX-10382749

Community

Condo Maintenance: #NONE

Appliances

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

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating

Utilities & Security

Utilities: Cable, Electricity | Sewer Service: Public Sewer | Water Source: Public Supply | Safety and Security: Fire Alarm, Smoke Detector, Security Sys-Owned

School

Elementary School: Limestone Creek Elementary School | Middle School: Jupiter Middle School | High School: Jupiter High School

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: Nicole Richards 

Listing courtesy of: Keller Williams Realty/P B |  (561) 656-2929 

Tools for buyers

Data provided by: Realtor Association of the Palm Beaches
Last detected update: July 23, 2019 10:40AM EST ~ Verified on November 10, 2019 03:20AM 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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