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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 108 days
135 Little John Trl NE
Atlanta, GA 30309
4 Beds
5 Baths
3,908 ft2iSource: Appraiser
Sold for
$1,330,000
Owners.com Estimate:
Estimated Payment:$5,253/mo
HOA:$0

You can't call a 1 story house a ranch if it was designed by Architect Clem Ford in the 1950s, the iconic Buckhead architect

1 of only 3 Clem Ford designed homes in the Forest! His design trademarks are evident throughout: over 9 foot ceilings, oversized windows, modern floor plan, and custom millwork and paneling. Renovated and updated throughout. Highlights include the custom Kitchen with stainless appliances & marble countertops/backsplash and exceptional Master Suite w/ fitted walk in closet. 2nd floor au paire suite w/ seperate entrance. Special Home!

Property type
Single Family Home
Structure
1.5 Stories
Year built
1954iSource: Not Available
Parking
2Attached, Parking Pad
Price/Sqft
$358
MLS #
6076986
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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: Family Room, Study / Office | Basement: Entrance - Internal, Partial

Bathrooms

# of Full Bathrooms: 4
# of Half Bathrooms: 1

Interior

Features: Walk In Closets, Breakfast Bar

Exterior

Features: Fence - Back Yard, Chain Link Fence, Porch - Front, Patio, Patio/Porch - Screened | Pool: #NONE | Irrigation: Irrigation Equipment

Building

Property Types: Single Family Home, Residential | Year Built: 1954 | Structure: 1.5 Stories | Architecture: Traditional | Construction: Brick 4 Sides | Condition: Resale | Roof: Composition | Floors: Wood - Hard

Garage & Parking

Parking: Attached, Parking Pad, 2

Lot

Lot Dimensions: 237x226x173x53 | Lot size: 0.5330 acres | Lot Features: Cul de Sac, Landscaped, Level, Private, Sloped

Location

County: Fulton | Subdivision: Sherwood Forest | Real Estate Area: 23 - Atlanta North | Directions: From Beverly Road in Ansley Park turn North onto Friar Tuck & stay left at fork until you reach the corner of Friar Tuck & Little John Trail. Turn right and house is on your immediate left on hill. | MLS #: 6076986

Community

HOA Dues: $0

Appliances

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

Heating & Cooling

Air Conditioning: Central Air | Heating: Forced Air, Natural Gas Heat | Fireplaces: 1, Masonry

Utilities & Security

Utilities: Cable - Available / In Street, Electricity, Gas Utlities (Natural Available) | Sewer Service: Public Sewer | Water Source: Public Supply | Safety and Security: Fire Alarm, Security System Owned

Accessibility

Accessibility: #NONE

School

Elementary School: Morningside- | Middle School: Inman | High School: Grady

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: JOHN C LADKY 

Listing courtesy of: RE/MAX Around Atlanta Realty |  (404) 592-5750 

Tools for buyers

Data provided by: First Multiple Listing Service
Last detected update: July 10, 2019 12:15AM EST ~ Verified on October 14, 2019 04:07PM 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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