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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 77 days
14007 Portside Bnd
Alpharetta, GA 30004
3 Beds
3 Baths
2,340 ft2iSource: Appraiser
Sold for
$285,000
Owners.com Estimate:
Estimated Payment:$1,070/mo
HOA:$168, Monthly

Fabulous townhouse in desirable Wyndham Subdivision

Enjoy this open concept floor plan perfect for entertaining. Main level has beautiful wood flooring, kitchen w/granite countertops, oversized wrap around counter, keeping room/office, w/ dining room opening up to front deck. Perfect for your morning coffee. Huge light filled family room, with large rear deck. Upstairs the spacious master retreat w/spa bath and walk-in closet, & 2nd bedroom/Jr. master w/walk-in closet, private bath. Downstairs the 3rd bedroom/den is stubbed for full bath. Amazing value, great schools!

Property type
Townhome
Structure
Three or More Stories
Year built
2005iSource: Not Available
Parking
2Garage
Price/Sqft
$122
MLS #
6029199
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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: Great Room - 1 Story | Basement: Stubbed for Bath, Daylight, Driveway Access, Exterior Entry, Finished, Full

Bathrooms

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

Interior

Features: Ceiling - Fan(s), High Speed Internet, Walk In Closets, Breakfast Bar, Pantry

Exterior

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

Building

Property Types: Townhome, Residential | Year Built: 2005 | Structure: Three or More Stories | Architecture: Victorian | Construction: Brick Front, Frame | Condition: Resale | Roof: Composition | Floors: Carpet, Wood - Hard | Windows: Insulated

Garage & Parking

Parking: Garage, 2

Lot

Lot Features: #OTHER

Location

County: Fulton | Subdivision: Wyndham | Real Estate Area: 13 - Fulton North | Directions: 400N to exit 11, N on HWY 9, Wyndham on right. Use GPS. | MLS #: 6029199

Community

Condo Maintenance: Groundskeeping, Swim/Tennis, Termite, Water | HOA Dues: $168/ Monthly

Appliances

Appliances: Dishwasher, Disposal, Range - Gas, Water Heater - Gas, Microwave, Refrigerator, Oven - Self-cleaning

Heating & Cooling

Air Conditioning: Central Air | Heating: Forced Air | Fireplaces: 1, Decorative, Gas Logs, Gas Starter, Glass Doors

Utilities & Security

Utilities: Cable - Available / In Street | Safety and Security: Open Access

Accessibility

Accessibility: Accessible Entrance

School

Elementary School: Cogburn Woods | Middle School: Hopewell | High School: Cambridge

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

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Local Insights

Listing provided by: Paula Espinera 

Listing courtesy of: Solid Source Realty, Inc. |  (770) 790-4222 

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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