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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 56 days
5161 Centennial Creek Vw NW
Acworth, GA 30102
4 Beds
3 Baths
1,512 ft2iSource: Public Record
Sold for
$160,000
Owners.com Estimate:
Estimated Payment:$620/mo
HOA:$1044, Annually

This is a terrific home on a fantastic lot !! Entry foyer w/hardwood floors invite you into the fireside family room

Open kitchen w/granite, gas stove, built in microwave and pantry . The sunny breakfast room w/ rear yard view. The Master suite is spacious with a sitting area. The bath offers a garden tub and separate shower. The secondary bedrooms are ample as well. Level and fenced backyard with an extended covered entry patio.WHAT A HOME BUT HURRY THEY ARE MOVING FAST! Sidewalk side of street too! $87/mo HOA cuts front lawn, handles garbage and covers all amenities!

Property type
Single Family Home
Structure
Two Story
Year built
2005iSource: Not Available
Parking
2Attached, Garage, Kitchen Level
Price/Sqft
$109
MLS #
5142529
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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: Family Room | Basement: #NONE

Bathrooms

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

Interior

Features: Ceiling - Fan(s), Breakfast Bar, Pantry

Exterior

Features: Fence, Deck | Pool: #NONE

Building

Property Types: Single Family Home, Residential | Year Built: 2005 | Structure: Two Story | Architecture: Traditional | Construction: Brick Front | Condition: Resale | Roof: Composition | Siding: Cement / Concrete | Floors: Carpet, Wood - Hard | Windows: Insulated

Garage & Parking

Parking: Attached, Garage, Kitchen Level, 2

Lot

Lot Dimensions: Less Than 1/2 Acre | Lot Features: Level, Private

Location

County: Cobb | Subdivision: Centennial Commons | Real Estate Area: 75 - Cobb-West | Directions: I75 NORTH EXIT WADE GREEN, TURN RT, LEFT ON HICKORY GROVE, RT ON BAKER TO RT ON WOODSTOCK RD RT INTO CENTENNIAL COMMONS S/D TO CENTENNIAL CK VIEW (LEFT) HOME ON LEFT. | MLS #: 5142529

Community

HOA Dues: $1044/ Annually

Appliances

Appliances: Disposal, Water Heater - Gas, Microwave, Refrigerator

Heating & Cooling

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

Utilities & Security

Utilities: Cable - Available / In Street, Underground Utilities | Sewer Service: Public Sewer | Water Source: Public Supply | Safety and Security: Fire Alarm, Smoke Detector

Accessibility

Accessibility: Accessible Entrance

School

Elementary School: Baker | Middle School: Barber | High School: North Cobb

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: VEDA S WOOD 

Listing courtesy of: RE/MAX Around Atlanta Realty |  (404) 252-7500 

Tools for buyers

Data provided by: First Multiple Listing Service
Last detected update: July 10, 2019 12:15AM EST ~ Verified on November 04, 2019 09:01PM 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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