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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 126 days
9160 Greenspire Dr Unit 114
West Des Moines, IA 50266
3 Beds
3 Baths
1,526 ft2
Sold for
$194,000
Owners.com Estimate:
Estimated Payment:$736/mo
HOA:$135, Month

This remarkable 3 bedroom townhome features almost 1900 sq ft of beautiful finish, including gorgeous hardwood floors on the main level

Straight from the garage is a mud room/office with a very accommodating built-in desk. The main level has a large open living room with plenty of natural sunlight that leads to the dining area and sliders to the deck. The open kitchen has updated stainless steel appliances, granite counter tops, a very useful island and pantry. Up the beautiful staircase you'll find the master suite with tray ceilings, full bathroom and walk-in closet, along with another 2 bedrooms and full bath. This very well maintained, move-in-ready home boasts amazing updates, with geothermal, granite in all bathrooms, and a central vacuum. With a great location and an HOA that allows your pets and has low dues, this is a wonderful place to live. Certified Pre-Owned Home - this home has been pre-inspected & comes with a 13 month HWA Platinum Home Warranty for your peace of mind!

Property type
Condo / Townhome
Structure
Two Story
Year built
2007
Parking
Driveway - Concrete, Garage - 2 Attached
Price/Sqft
$128
MLS #
551028
Lot Size
1171 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: Finished

Bathrooms

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

Building

Property Types: Condo / Townhome, Single Family Home | Year Built: 2007 | Structure: Two Story | Roof: Asphalt Shingle | Siding: Brick, Vinyl | Foundation: Poured | Floors: Carpeting, Hardwood, Tile

Garage & Parking

Parking: Driveway - Concrete, Garage - 2 Attached

Lot

Lot size: 0.0300 acres | Lot size: 1171 sqft | Zoning: RESID

Location

County: Dallas | Real Estate Area: West Des Moines | Directions: University Ave to 92nd St, South to Greenspire Dr then East. | MLS #: 551028

Community

Condo Maintenance: Exterior Maint./Bldg., Lawn Care, Snow Removal, Trash Service | HOA: Greenway Crossing HOA | HOA Dues: $135/ Month

Appliances

Appliances: Dishwasher, Dryer, Microwave, Pre-Home Inspection, Pre-Termite Inspection, Stove, Washing Machine

Heating & Cooling

Air Conditioning: Central Air | Heating: GeoThermal, Natural Gas

Utilities & Security

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

School

School District: Waukee

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: Misty Soldwisch 

Listing courtesy of: BH&G Real Estate Innovations |  (515) 962-5555 

Tools for buyers

Data provided by: Des Moines Area Association of REALTORS®
Last detected update: March 22, 2018 06:23AM EST ~ Verified on October 21, 2019 01:30PM 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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