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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 114 days
1230 Burning Bush Dr
Loganville, GA 30052
3 Beds
3 Baths
1,740 ft2iSource: Tax Record
Sold for
$163,000
Owners.com Estimate:
Estimated Payment:$657/mo
HOA:$0, Annually

Back on the market

.. Financing fell through! Enjoy the fireplace in the cozy family rm of this lovely 3BR/2.5BA home. Gather around the fire pit in the HUGE private fenced-in backyard. Beautiful ktchn boasts SS Appliances, breakfast area & separate dining room. NEW HVAC, NEW WINDOWS & FRAMES, Fresh paint in heated garage. 42" Flat Screen, Window Treatments, Ceiling fans, Light fixtures & SS Kitchen appliances to STAY! Lg Mstr Suite, $2000 flooring allowance! All of this only 7 miles from The Shoppes at Webb Gin.

Property type
Single Family Home
Structure
Two Story
Year built
1990iSource: Not Available
Parking
Garage Door Opener
Price/Sqft
$101
MLS #
5933694
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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: Family Room | Basement: Slab

Bathrooms

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

Interior

Features: Pantry

Exterior

Features: Deck, Fence, Porch, Out-Buildings | Pool: #NONE

Building

Property Types: Single Family Home | Year Built: 1990 | Structure: Two Story | Architecture: Cape Cod | Construction: Frame | Roof: Shingle - Composition, Shingle or Shake

Garage & Parking

Parking: Garage Door Opener | Garage: Two Car

Lot

Lot Dimensions: 0.35 AC | Lot size: 0.3500 acres | Lot range: Under 1/3 Acre | Lot Features: Level

Location

County: Gwinnett | Subdivision: Firethorn | Real Estate Area: 65 - Gwinnett County | Directions: Highway 78 to Rosebud Road, Make Right onto Rosebud, Make a Left onto Stephen Road, Make a Left on Burning Bush Dr - 1230 will be on your Right. | MLS #: 5933694

Community

HOA Dues: $0/ Annually

Appliances

Appliances: Dishwasher, Oven - Electric, Refrigerator

Heating & Cooling

Air Conditioning: Ceiling Fans, Central Electric, Central Air | Heating: Forced Air, Gas | Fireplaces: 1, Factory Built

Utilities & Security

Sewer Service: Public Sewer Connected | Water Source: Public Supply

Accessibility

Accessibility: #NONE

School

Elementary School: Magill | Middle School: Grace Snell | High School: South Gwinnett

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: Isla Walker 

Listing courtesy of: BHGRE METRO BROKERS |  (404) 843-2500 

Tools for buyers

Data provided by: First Multiple Listing Service
Last detected update: March 19, 2018 08:50PM EST ~ Verified on

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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