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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 43 days
807 Abingdon Way
Atlanta, GA 30328
2 Beds
2 Baths
1,518 ft2iSource: Public Record
Sold for
$245,000
Owners.com Estimate:
Estimated Payment:$920/mo
HOA:$3480, Annually

Location! Location! Location! Right in the heart of the Perimeter!! This Sandy Springs 2 bed/ 2 bath Condo is the largest floor-plan offered in The Oaks of Dunwoody

A fabulous open concept unit boasts granite counters, updated tile, floors, light fixtures, ceiling fans, etc... Two Master Bedrooms make this extra desirable. Bathrooms are wonderfully updated. Need storage space? A large clean private storage area is included! Minutes from shopping, Marta, GA-400, I-285, I-75 & I-85. Looking for an investment - NO Rental Restrictions! Come see this amazing home today!!

Property type
Condominium
Structure
Single Story
Year built
1983iSource: Not Available
Parking
0Parking Lot
Price/Sqft
$161
MLS #
6583672
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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: Computer Room, Sun, Workshop | Basement: #NONE

Bathrooms

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

Interior

Features: Ceiling - Fan(s), Two-story foyer, Pantry

Exterior

Features: Balcony, Private Front Entry, Storage, Tennis Court(s), No Fence, #NONE, Patio/Porch - Covered, Patio/Porch - Enclosed, Patio/Porch - Screened | Pool: In Ground

Building

Property Types: Condominium, Residential | Year Built: 1983 | Structure: Single Story | Architecture: Mid Rise | Construction: Frame | Condition: Resale | Roof: Composition | Floors: Carpet, Tile - Ceramic, Sustainable | Windows: #NONE

Garage & Parking

Parking: Parking Lot, 0

Lot

Lot Dimensions: x | Lot size: 0.0348 acres | Lot Features: #OTHER

Location

County: Fulton | Subdivision: Oaks of Dunwoody | Real Estate Area: 121 - Dunwoody | Directions: Heading North on 400 take Exit 5A-Merge right onto Abernathy Rd NE. Use the left 2 lanes to turn left onto Peachtree Dunwoody Rd. Turn left onto Abingdon Way NE (Oaks of Dunwoody sign). Building 800 is on the left after the clubhouse. Entrance on parking level - ramp to unit 807. | MLS #: 6583672

Community

Condo Maintenance: Cable, Insurance, Exterior, Groundskeeping, Sewage, Swim/Tennis, Termite, Trash | HOA Dues: $3480/ Annually

Appliances

Appliances: Dishwasher, Disposal, Range - Electric, Water Heater - Electric, Microwave, Refrigerator, Oven - Self-cleaning, Trash Compactor

Heating & Cooling

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

Utilities & Security

Utilities: Cable - Available / In Street, Electricity, Water | Sewer Service: Public Sewer | Water Source: Public Supply | Safety and Security: Security System Owned

Accessibility

Accessibility: #NONE

School

Elementary School: Woodland - Fulton | Middle School: Sandy Springs | High School: North Springs

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: Jeffrey Hanna 

Listing courtesy of: Virtual Properties Realty.com |  (770) 495-5050 

Tools for buyers

Data provided by: First Multiple Listing Service
Last detected update: August 27, 2019 08:50PM EST ~ Verified on October 23, 2019 10:53PM 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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