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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
203 days on Owners.com
477 White Rd
Olive Hill, KY 41164
3 Beds
2 Baths
1,400 ft2
$99,900
Owners.com Estimate:
Estimated Payment:$375/mo
HOA:$0

A very nice home situated on a

63 acre lot which is located at 477 White Road, Olive Hill, KY. The home has 3 bedrooms and 2 full bathrooms and is in good condition. The home has central heat and air conditioning and is only 9 years old. The house has a rural setting but is located within an easy 20 minute drive of Morehead and Olive Hill. If you have been looking for a nice home in the area, but sure to take a good look at this property. Asking price is $99,900.

Property type
Single Family Home
Structure
Single Story
Year built
2010
Price/Sqft
$71
MLS #
1909453
Lot Size
27443 sqft
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SAVE PREFERENCES

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: Master Bedroom Room - 1st Foor, Bedroom 1st Floor, Utility

Bathrooms

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

Building

Property Types: Single Family Home, Residential | Year Built: 2010 | Structure: Single Story | Roof: Shingle - Composition | Siding: Vinyl | Foundation: Block | Floors: Vinyl, Laminate

Garage & Parking

Garage: false

Lot

Lot size: 0.63 acres | Lot size: 27443 sqft

Location

County: Carter | Neighborhood: Carter County | Subdivision: Rural | Directions: From Morehead: Take Christy Creek approximately 7 miles to Brinegar Road; turn left on Brinegar and drive 3 miles to Mocobee Road; turn right on Mocobee Road for 1.5 mile to White Road which is on the right; turn right and travel to the property | MLS #: 1909453

Community

HOA Dues: $0

Appliances

Appliances: Range, Refrigerator, Water Heater - Electric

Heating & Cooling

Air Conditioning: Electric Air Filter | Heating: Electric, Forced Air

Utilities & Security

Sewer Service: Septic System | Water Source: City

School

School District: Carter County | Elementary School: Tygart Creek | Middle School: West Carter | High School: West Carter

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: David Barber 

Listing courtesy of: C Roger Lewis Agency |  (606) 784-4168 

Tools for buyers

Data provided by: Lexington - Bluegrass Association of REALTORS®
Last detected update: May 15, 2019 08:16AM EST ~ Verified on November 09, 2019 07:05PM 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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