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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
37008 Rustic Ln
Denham Springs, LA 70706
4 Beds
2 Baths
2,093 ft2
$219,900
Owners.com Estimate:
Estimated Payment:$826/mo
HOA:$0

For a tranquil community nestled in the country, you must see Oak Hills Estates! This lovely community is conveniently located off Hwy 16 in Live Oak-- one of the top-rated award winning school districts in the state! These beautiful new construction homes offer large lots, functional floor plans and innovative designs

Constructed with high quality amenities that come as standard features with D.R. Horton homes. Charming homes at amazing prices and country living with city conveniences. The Hudson plan is simply beautiful. This home features luxury vinyl plank flooring in the living, dining, laundry and all bathrooms. 3cm slab Granite countertops in the kitchen and baths. Stainless steel appliance package with a gas range and subway tile backsplash in the kitchen. For added convenience the huge master walk-in closet has a door directly into the utility room. This home has a great open floor plan with two car enclosed garage and covered patio and sits on an oversized lot. The home will be move in ready in July 2019. Come visit our newly finished and furnished model home we are open daily until 6pm.

Property type
Residential
Structure
Single Story
Year built
2019
Parking
Garage Door Opener, 2, Garage
Price/Sqft
$105
MLS #
2019007452
Lot Size
2736 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: 4 | Room Types: Family Room, Kitchen

Bathrooms

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

Interior

Features: Pantry

Exterior

Features: Outside Light, Patio - Covered, Patio - Opened, #NONE | Pool: false

Building

Property Types: Residential, Single Family Home | Year Built: 2019 | Structure: Single Story | Architecture: Traditional | Construction: Frame | Roof: Architec. Shingle | Siding: Brick, Stucco, Vinyl | Foundation: Slab: Post Tension | Floors: Carpet, #OTHER

Garage & Parking

Parking: Garage Door Opener, 2, Garage

Lot

Lot Dimensions: 70x150 | Lot size: 0 acres | Lot size: 2736 sqft | Lot Features: Corner Lot, Level | Zoning: Res Single Family Zone

Location

County: LIVINGSTON | Subdivision: Oak Hills Estates | Real Estate Area: LIV MLS Area 81 | Directions: From I-12 exit 10 Denham Springs go North on La Hwy 16 (Range Rd) for 9.6 miles. The entrance to Oak Hills Estates will be on you right. Oak Hills Drive to Meadow Lane, left on Garden Oaks, Right on Rustic Lane to Trailside Dr. | MLS #: 2019007452

Community

Condo Maintenance: #OTHER | HOA Dues: $0

Appliances

Appliances: Elec Dryer Con, Elec Wash Con, Gas Stove Con, Dishwasher, Disposal, Range/Oven

Heating & Cooling

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

Utilities & Security

Utilities: Cable Ready, ELEC: DEMCO, GAS: City/Parish | Sewer Service: Public | Water Source: Public Water | Safety and Security: Smoke Detector

School

School District: Livingston Parish

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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Price History

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Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Juli Jenkins 

Listing courtesy of: Keller Williams Realty-First Choice |  (225) 744-0044 

Tools for buyers

Data provided by: Greater Baton Rouge Association of REALTORS®
Last detected update: September 24, 2019 04:58PM EST ~ Verified on November 15, 2019 06:42AM 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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