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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 138 days
1865 Manor View Cir NW # 14
Acworth, GA 30101
2 Beds
2 Baths
1,645 ft2iSource: Public Record
Sold for
$209,010
Owners.com Estimate:
Estimated Payment:$751/mo
HOA:$250, Monthly

Beautiful Ranch Home in a 55+ Condo community

Wheelchair access includes low kitchen countertops, low master bath countertops, master bath shower, front door and garage door access. Wood floors in the common areas. Living room includes a fireplace. Sunroom has a vaulted ceiling and lots of windows. Separate dining room. Kitchen features stainless steel appliances, solid surface countertops, ceramic tile backsplash and floors. Finished room above garage. 2 car garage includes auto garage door opener. This is a Fannie Mae Homepath property.

Property type
Condominium
Structure
Single Story
Year built
2007iSource: Not Available
Parking
2Garage, Garage Door Opener
Price/Sqft
$122
MLS #
5605873
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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: 2
Virtual Tour: virtual tour | Room Types: Bonus, Living Room, Sun | Basement: #NONE

Bathrooms

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

Interior

Features: Ceiling - Fan(s), Ceiling - Cathedral, High Speed Internet, Pantry

Exterior

Features: Private Front Entry, No Fence, #NONE | Pool: #NONE

Building

Property Types: Condominium, Residential | Year Built: 2007 | Structure: Single Story | Architecture: Garden (1 Level), Traditional | Condition: Resale | Roof: Composition | Floors: Wood - Hard | Windows: Insulated

Garage & Parking

Parking: Garage, Garage Door Opener, 2

Lot

Lot Dimensions: 0.04 Acre | Lot Features: Landscaped

Location

County: Cobb | Subdivision: Brookstone Manor | Real Estate Area: 74 - Cobb-West | Directions: From Acworth, South on Mars Hill Rd, right on Brookstone Dr, right on Hedgebrooke Dr, right into S/D on Manor View Dr, right on Manor View Cir, home on left. | MLS #: 5605873

Community

Condo Maintenance: Exterior, Groundskeeping, Termite, Trash, Water | HOA Dues: $250/ Monthly

Appliances

Appliances: Dishwasher, Disposal, Oven - Dual, Range - Electric, Water Heater - Electric, Refrigerator, Oven - Self-cleaning

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating, Forced Air, Natural Gas Heat | Fireplaces: 1, Factory Built, Gas Starter

Utilities & Security

Utilities: Cable - Available / In Street, Underground Utilities | Safety and Security: Fire Alarm, Open Access, Smoke Detector

Accessibility

Accessibility: Accessible Approach with Ramp, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen

School

Elementary School: Pickett's Mill | Middle School: Durham | High School: Allatoona

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: CHRISTOPHER SINGLETON 

Listing courtesy of: A Plus Realty Georgia |  (770) 505-7272 

Tools for buyers

Data provided by: First Multiple Listing Service
Last detected update: July 10, 2019 12:15AM EST ~ Verified on October 15, 2019 11:57AM 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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