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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 65 days
230 E Ponce De Leon Ave Unit 410
Decatur, GA 30030
1 Bed
1 Bath
732 ft2iSource: Public Record
Sold for
$167,900
Owners.com Estimate:
Estimated Payment:$631/mo
HOA:$232, Monthly

Live & play in the heart of trendy Decatur! LOWEST HOA FEE IN THE BUILDING! Stroll out just one block from your recently refurbished & upgraded building to MARTA & The Courthouse Square, as well as all the shops & entertainment

Fresh interior paint compliments the hardwood floored living area & new Bedroom/Walk-in Closet carpeting. Brilliant lighting accents! Custom closet organizers & pull-out cabinet shelving expands storage for you. The BEST reserved parking space, directly in front of an elevator! You can see the Square and watch the Fireworks from your Balcony!

Property type
Condominium
Structure
Single Story
Year built
2005iSource: Not Available
Parking
0, 1Assigned, Covered, Parking Lot
Price/Sqft
$229
MLS #
5638156
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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: 1
Virtual Tour: virtual tour | Room Types: Family Room | Basement: #NONE

Bathrooms

# of Full Bathrooms: 1
# of Half Bathrooms: 0

Interior

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

Exterior

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

Building

Property Types: Condominium, Residential | Year Built: 2005 | Structure: Single Story | Architecture: High Rise, Traditional | Construction: Brick Front, Stucco | Condition: Updated/Remodeled | Roof: Composition | Floors: Wood - Hard | Windows: Insulated

Garage & Parking

Parking: Assigned, Covered, Parking Lot, 0, 1

Lot

Lot Features: Landscaped

Location

County: Dekalb | Subdivision: DECATUR RENAISSANCE | Real Estate Area: 52 - Dekalb-West | Directions: From I-85 Exit Clairmont Rd towards Decatur (ends at Decatur courthouse). Turn left onto Ponce de Leon Ave, cross over Church St, building on left. Street Parking is recommended for viewing & parking meters are monitored during weekdays. | MLS #: 5638156

Community

Condo Maintenance: Insurance, Exterior, Groundskeeping, Pest Control, Reserve, Security, Termite, Trash | HOA Dues: $232/ Monthly

Appliances

Appliances: Dishwasher, Disposal, Range - Electric, Water Heater - Electric, Microwave, Refrigerator

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating, Electric | Fireplaces: 0

Utilities & Security

Utilities: Cable - Available / In Street | Safety and Security: Fire Alarm, Fire Sprinkler, Key Card Entry, Gated Entry, Smoke Detector

Accessibility

Accessibility: Accessible Approach with Ramp, Accessible Entrance, Accessible Hallway(s)

School

Elementary School: Clairemont | Middle School: Renfroe | High School: Decatur

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 History

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Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Jerry Knoff 

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 23, 2019 07:07AM 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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