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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
200 days on Owners.com
3907 E Homedale Rd
Caldwell, ID 83605
4 Beds
2 Baths
1,836 ft2
$395,000
Owners.com Estimate:
Estimated Payment:$1,483/mo
HOA:$0, #NONE

Best of both worlds, Country living in city limits

Close to schools, shopping, and parks. This Karsten manufactured home sits on a foundation and features 4 bedrooms and 2 baths. 2.74 acres is set up and ready for all of your families animals, Horses, Livestock and goats. Brand new windows & well pump. The pressure tank is only a yr. old. Plenty of room for all of your toys and a growing family. Must see to appreciate!

Property type
Single Family Home
Structure
Single Story
Year built
2008
Parking
Garage - Detached
Price/Sqft
$215
MLS #
98727580
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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: 4 | Room Types: Family Room

Interior

Features: Manufactured Home on Fnd, Whole House Ventilation

Exterior

Features: Covered Patio/Deck | Irrigation: Sprinkler - Irrigation

Building

Property Types: Single Family Home, Mobile / Manufactured | Year Built: 2008 | Structure: Single Story | Construction: Manufactured | Roof: Shingle - Composition | Siding: Wood | Floors: Carpet, Vinyl/Laminate

Garage & Parking

Parking: Garage - Detached

Lot

Lot size: 2.74 acres | Lot range: 1 - 4.99 AC | Lot Features: Land Use - Single

Location

County: Canyon | Subdivision: #NONE | Real Estate Area: Caldwell NW - 1275 | Directions: W. on Karcher Rd., N. on Lake, E. On Homedale Rd. House on left hand side. | MLS #: 98727580

Community

HOA Dues: $0/ #NONE

Appliances

Appliances: Dishwasher, Oven/Range Freestanding, Refrigerator, Water Heater - Electric

Heating & Cooling

Air Conditioning: Central Air | Heating: Forced Air

Utilities & Security

Utilities: Cable/Satellite TV, Internet Include | Sewer Service: Septic | Water Source: Individual Well

Accessibility

Accessibility: Bathroom Bars

School

School District: Vallivue School District #139 | Elementary School: Central | Middle School: Vallivue Middle | High School: Vallivue

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: Rani Andrus 

Listing courtesy of: Good Vibes Real Estate |  (208) 794-7782 

Tools for buyers

Data provided by: Intermountain MLS
Last detected update: September 30, 2019 02:02AM EST ~ Verified on November 04, 2019 10:37PM 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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