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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
194 days on Owners.com
15011 Cross Creek Blvd
Walker, LA 70785
3 Beds
2 Baths
1,716 ft2
$204,900
Owners.com Estimate:
Estimated Payment:$769/mo

COUNTRY FRENCH BEAUTY !!! DID NOT FLOOD AND FLOOD ZONE X !!! HIGH AND DRY

FROM THE MOMENT YOU WALK IN THIS SPACIOUS HOME, YOU WILL APPRECIATE THE OPEN AND AIRY FEELING !! HIGH CEILINGS , WIDE CROWN MOLDING AND LOTS OF WINDOWS GIVE AN INVITING FEELING. BEAUTIFUL WOOD FLOORS GRACE THE LIVING ROOM ALONG WITH FIREPLACE AND BUILT-INS. THE KITCHEN FEATURES LARGE CORNER PANTRY, ISLAND, GRANITE ON COUNTERS AND SPACIOUS BREAKFAST AREA WITH LOTS OF WINDOWS. LARGE LAUNDRY ROOM WITH STORAGE. MASTER SUITE FITS FULL KING SIZE BED AND BATH HAS HIS/HER VANITIES, SEPARATE SHOWER AND LARGE GARDEN TUB PLUS LARGE WALK-IN CLOSET WITH SHOE OR SHIRT BOXES !! YOU WILL ENJOY THIS LARGE BACK YARD AND COVER PORCH !! THIS HOME IS IN IDEAL AREA IN WALKER NEAR SCHOOLS, SHOPPING AND MAJOR ROADS ASK ABOUT 100% RD LOAN.

Property type
Residential
Structure
Single Story
Year built
2009
Parking
3, Garage
Price/Sqft
$119
MLS #
2019007530
Lot Size
2541 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 | Room Types: Kitchen, Laundry, Living Room

Bathrooms

# of Full Bathrooms: 2

Interior

Features: Built-in Bookcases, Ceiling - Fan(s), Crown Moldings, Pantry

Exterior

Features: Outside Light, Porch | Pool: false

Building

Property Types: Residential, Single Family Home | Year Built: 2009 | Structure: Single Story | Architecture: French | Construction: Frame | Roof: Architec. Shingle | Siding: Brick, Stucco, Vinyl | Foundation: Slab: Traditiona | Floors: Carpet, Cer/Porc Tile, Wood | Windows: All Window Trtmt.

Garage & Parking

Parking: 3, Garage

Lot

Lot Dimensions: 75x155 | Lot size: 0.27 acres | Lot size: 2541 sqft | Lot Features: Level | Zoning: Res Single Family Zone

Location

County: LIVINGSTON | Subdivision: Cross Creek | Real Estate Area: LIV MLS Area 82 | Directions: At Walker exit, go North on Hwy 447 (Walker North), then Right onto Florida Blvd. at light, then Left onto Hwy 449 (across from Co-Mar Office Park). Go 2 miles, subdivision on Left. | MLS #: 2019007530

Appliances

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

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating | Fireplaces: 1, Ventless

Utilities & Security

Utilities: Cable Ready, ELEC: Entergy, GAS: Entergy | Sewer Service: Comm. Sewer, Public | Safety and Security: Security System, Smoke Detector

School

School District: Livingston Parish

Owners.com Estimated Value

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Source: County(Public) Records

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Local Insights

Listing provided by: Denise Stockwell 

Listing courtesy of: RE/MAX First |  (225) 291-1234 

Tools for buyers

Data provided by: Greater Baton Rouge Association of REALTORS®
Last detected update: October 04, 2019 01:08PM EST ~ Verified on November 09, 2019 07:03PM 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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