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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 147 days
207 Highland Dr
Americus, GA 31709
3 Beds
2 Baths
1,568 ft2
Sold for
$40,000
Owners.com Estimate:
Estimated Payment:$150/mo

Don't miss this 3 bed 2 bath cul de sac home on 2 + acres! This home includes living room, dining room and living room on main level with 2 bedrooms upstairs and 1 bedroom downstairs along with den opening out to the pool area

The home also includes a driveway in front with parking as well as a 2nd driveway leading to the back of the home with plenty of room for a garage. This home is ready for your personal touches and then move right in!-Seller will not complete any repairs to the subject property, either lender or buyer requested.-- The property is sold in as is condition. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST

Property type
Single Family Home
Structure
Two Story, Multiple Level
Year built
1963
Parking
Parking Pad, Guest Space(s), Off Street
Price/Sqft
$25
MLS #
8288432
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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 | Room Types: Den, Family Room, Living Room | Basement: Bathroom, Daylight, Entrance - Internal, Entrance - Outside, Finished, Full

Bathrooms

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

Exterior

Features: Back Yard - Private

Building

Property Types: Single Family Home | Year Built: 1963 | Structure: Two Story, Multiple Level | Architecture: Ranch | Siding: Press Board | Windows: Double-Pane

Garage & Parking

Parking: Parking Pad, Guest Space(s), Off Street

Lot

Lot size: 2.29 acres | Lot range: 1-2 Acres, 2-5 Acres | Lot Features: Cul de Sac, Greenbelt, Open Land, Sloped, Wooded

Location

County: Sumter | Subdivision: Sharondale | Real Estate Area: SMTR | Directions: From Hwy 280 East "East Forsyth St" go right on Crawford St to left on Highland Drive, home will be on the right at the end of the street. | MLS #: 8288432

Community

Condo Maintenance: #NONE

Heating & Cooling

Air Conditioning: Electric, Central Air | Heating: Electric, Central Heating | Fireplaces: 1, Masonry

Utilities & Security

Water Source: Public Supply

School

Elementary School: Sumter County Primary/Elementa | Middle School: Sumter County | High School: A Sumter No

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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Price
Source: County(Public) Records

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Local Insights

Listing provided by: Byford Wagstaff 

Listing courtesy of: Sangster Realty Inc. |  (404) 694-6386 

Tools for buyers

Data provided by: GAMLS
Last detected update: April 13, 2018 01:03PM EST ~ Verified on October 21, 2019 02:22PM 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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