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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 101 days
2804 Dunnington Cir
Chamblee, GA 30341
4 Beds
3 Baths
2,052 ft2iSource: Public Record
Sold for
$129,900
Owners.com Estimate:
Estimated Payment:$525/mo

WOW!! What a price in this neighborhood

Home has an open floorplan. Hardwood flooring, tile countertops, open finished lower level. Sunken Family Room. Contemp style Master Bedroom. Large wooded lot with a Deck to overlook it. Home is within 1/2 mile +/- from Mercer Univ. Sold as is. No sellers disclousure. This is a Fannie Mae HomePath Property. This property is approved for HomePath Reno Mortgage Financing. All offers must be entered in HomePath.com

Property type
Single Family Home
Structure
Multi/Split Level
Year built
1971iSource: Not Available
Parking
2Garage
Price/Sqft
$68
MLS #
4323035
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SAVE PREFERENCES

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, Game Room, Living Room | Basement: Finished

Bathrooms

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

Exterior

Features: No Fence, Deck | Pool: #NONE

Building

Property Types: Single Family Home, Residential | Year Built: 1971 | Structure: Multi/Split Level | Architecture: Traditional | Condition: Fixer Upper | Roof: Composition | Floors: Wood - Hard

Garage & Parking

Parking: Garage, 2

Lot

Lot Dimensions: .43 | Lot Features: Wooded

Location

County: Dekalb | Subdivision: Dunnington | Real Estate Area: 52 - Dekalb-West | Directions: 85 NORTH RT CHAMBLEE TUCKER EXIT, RT MERCER UNIVERSITY DR, RT DUNNINGTON CIR, HOME ON LT | MLS #: 4323035

Appliances

Appliances: Dishwasher, Oven - Dual

Heating & Cooling

Air Conditioning: Central Air | Heating: Natural Gas Heat | Fireplaces: 1

Utilities & Security

Utilities: #NONE | Sewer Service: #OTHER | Water Source: #OTHER | Safety and Security: #NONE

Accessibility

Accessibility: #NONE

School

Elementary School: Henderson Mill | Middle School: Henderson - Dekalb | High School: Lakeside - Dekalb

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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Property Tax

Price History

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Price
Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: CHRISTINE WATERMOLEN 

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 October 14, 2019 04:52PM 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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