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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."
ACTIVE
202 days on Owners.com
3510 Winding Trail Dr
Ankeny, IA 50021
3 Beds
3 Baths
1,546 ft2
$259,900
Owners.com Estimate:
Estimated Payment:$976/mo
HOA:$150, Year

Welcome to this open floorplan designed for todays lifestyle

As you walk up notice the 8ft garage door w/hardware & landscaping-not typical in new construction at this price point! Walk inside & check out the open rail split staircase w/black metal spindles! The kitchen checks all the boxes w/large pantry, quartz ctops, spacious island, gray stained cabinets, and spacious dining area. The great room is open & inviting and features a 60 contemporary electric fireplace w/shiplap surround. Head upstairs & find an awesome master suite w/huge walk-in closet & bathroom w/dual sinks. Plus, laundry, 2 linen closets, & evenly sized 2nd & 3rd bedrooms. The 2-car garage is 22x22-plenty of room for larger vehicles. The backyard has a deck, patio, AMAZING firepit, and more landscaping! Kyanites features include Pella windows, Trane furnace & 16 seer AC, GE Slate appliances, Tyvek house wrap, 12x24 tile, stylish light fixtures, 10x12 deck, & wifi stat! Plus, NO Closing Costs w/Preferred Lender.

Property type
Residential
Structure
Two Story
Year built
2019
Parking
Driveway - Concrete, Garage - 2 Attached
Price/Sqft
$168
MLS #
581525
Lot Size
7321 sqft
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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 | Basement: Egress, Unfinished

Bathrooms

# of Full Bathrooms: 2
# of Quarter Bathrooms: 0
# of Half Bathrooms: 1

Interior

Features: Pantry

Exterior

Features: Cable

Building

Property Types: Residential, Single Family Home | Year Built: 2019 | Structure: Two Story | Roof: Asphalt Shingle | Siding: Stone, Vinyl | Foundation: Poured | Floors: Carpeting, Tile

Garage & Parking

Parking: Driveway - Concrete, Garage - 2 Attached

Lot

Lot size: 0.1680 acres | Lot size: 7321 sqft | Zoning: Res

Location

County: Polk | Real Estate Area: Ankeny | Directions: 1 mile East of I-35N on 1st St. Turn North on Four Mile Dr., then East on 8th St. Immediate left on Winding Trail. | MLS #: 581525

Community

HOA: Deer Creek | HOA Dues: $150/ Year

Appliances

Appliances: Dishwasher, Microwave, Stove

Heating & Cooling

Air Conditioning: Central Air | Heating: Gas Forced Air, Natural Gas | Fireplaces: 1

Utilities & Security

Sewer Service: City | Water Source: City | Safety and Security: Smoke Detector

School

School District: Ankeny

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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Local Insights

Listing provided by: Jen Schuller 

Listing courtesy of: Iowa Realty Jordan Creek |  (515) 453-6800 

Tools for buyers

Data provided by: Des Moines Area Association of REALTORS®
Last detected update: October 22, 2019 10:09AM EST ~ Verified on November 15, 2019 06:19AM 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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