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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 167 days
289 Watering Hole Dr
Williamson, GA 30292
3 Beds
3 Baths
2,700 ft2
Sold for
$345,000
Owners.com Estimate:
Estimated Payment:$1,311/mo
HOA:$0

3 bedrooms, 2

5 baths, split plan, with 2 rooms upstairs in finished bonus room. Home sits on 5 acres with 100% privacy on paved road with access to 37acre lake In Ranchland Estaes. Built in 2015. Has in-ground pool and detached garage with a bonus room. House has oversized garage for full size vehicles with large storage room. 2 full size doors for access to floored attic. Has huge covered back porch. Two seperate large closets with walk-in shower with 2 separate shower heads in master. Cabinets in laundry room with wash sink.Jack and Jill bath.

Property type
Single Family Home
Structure
1.5 Stories
Year built
2015
Parking
Garage - Two, Garage - Detached, Garage, Kitchen Entry Garage
Price/Sqft
$129
MLS #
8288371
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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: Foyer, Laundry, Bonus, Gym / Fitness, Great Room, Bedroom(s) - Main Floor Master, Split Bedroom Plan | Basement: Slab

Bathrooms

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

Exterior

Features: Deck / Patio, Garden, Back Yard - Private | Pool: In Ground

Building

Property Types: Single Family Home | Year Built: 2015 | Structure: 1.5 Stories | Architecture: Craftsman | Roof: Shingle - Composition | Siding: Aluminum/Vinyl | Floors: Wood - Hard, Tile, Carpet

Garage & Parking

Parking: Garage - Two, Garage - Detached, Garage, Kitchen Entry Garage

Lot

Lot size: 5 acres | Lot range: 5-10 Acres | Lot Features: Level, Wooded

Location

County: Pike | Subdivision: Ranchland Estates | Real Estate Area: PIKE | Directions: GO TO GOOGLE MAPS, OR USE GPS | MLS #: 8288371

Community

Condo Maintenance: #NONE | HOA Dues: $0

Appliances

Appliances: Programmable Thermostat, Water Heater - Electric, Oven - Convection, Dishwasher, Oven - Dual, Microwave, Oven - Built-in, Range / Oven, Refrigerator

Heating & Cooling

Air Conditioning: Electric, Ceiling Fan, Central Air | Heating: Electric, Propane, Central Heating, Heat Pump | Fireplaces: 1, Fabricated, Gas Logs

Utilities & Security

Sewer Service: Septic - Tank | Water Source: Public Supply, Well | Safety and Security: Smoke Detector

Accessibility

Accessibility: Doors 32in+, Van Access Garage

School

Elementary School: Pike County Primary/Elementary | Middle School: Pike County | High School: Pike County

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

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Local Insights

Listing provided by: Paddy Dougherty 

Listing courtesy of: Pampered Properties Georgia |  (678) 480-1862 

Tools for buyers

Data provided by: GAMLS
Last detected update: December 05, 2018 04:28PM EST ~ Verified on October 16, 2019 11:23PM 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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