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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
204 days on Owners.com
19 Harris St # 2
Brookline, MA 02446
3 Beds
3 Baths
1,531 ft2
$1,230,000
Owners.com Estimate:
Estimated Payment:$4,619/mo
HOA:$311, Monthly

Spectacular 2011 gut renovation in the heart of Coolidge Corner has it all

3 BRs, 3BAs, an open floor plan, high-end finishes, Central Air, in-unit laundry, and parking! Does it get any better? Spacious and super sunny, this duplex unit offers gorgeous hardwood floors, designer granite and stainless kitchen with island breakfast bar that opens up to the dining and a living room with gas fireplace. Perfect for entertaining and todays style of living! Gorgeous master suite with heated bathroom floor, Jacuzzi, just like the other baths, gorgeous tile work. Energy efficient LED lighting, tankless hot water, Bosch WD, and lovely farmer's porch exclusive to this unit. Cannot beat the location. Walk Score 94. Steps to all that Coolidge Corner and Brookline Village have to offer, shopping, groceries, restaurants, the T. The complete package!!

Property type
Condominium
Year built
2011
Parking
1Off Street, Tandem, Driveway - Pavers
Price/Sqft
$803
MLS #
72490856
Lot Size
0 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: Walk-in Closet(s), Hardwood Floors in Family Room, Family Room - Recessed Lighting | Basement: true

Bathrooms

# of Full Bathrooms: 3
# of Half Bathrooms: 0

Interior

Features: Living Room - Fireplace, Living Room - Closet, Hardwood Floors in Living Room, Living Room - Exterior Access, Open Floor Plan - Master Bedroom, Living Room - Recessed Lighting

Exterior

Features: Porch | Pool: false

Building

Property Types: Condominium, Townhome | Year Built: 2011 | Architecture: Townhouse | Construction: Frame | Roof: Asphalt/Fiberglass Shingles | Siding: Fiber Cement Siding | Floors: Tile, Wood - Hard | Windows: Insulated

Garage & Parking

Parking: Off Street, Tandem, Driveway - Pavers, 1

Lot

Lot size: 0.00 acres | Lot size: 0 sqft | Zoning: res

Location

County: Norfolk | Directions: Harvard Street to Harris Street | MLS #: 72490856

Community

Condo Maintenance: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal | HOA Dues: $311/ Monthly

Appliances

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Water Heater - Natural Gas, Water Heater - Tankless

Heating & Cooling

Air Conditioning: Central Air | Heating: Forced Air, Gas | Fireplaces: 1

Utilities & Security

Utilities: Connection for Gas Range, Connection for Gas Oven | Sewer Service: City/Town Sewer | Water Source: City/Town Water

School

Elementary School: Pierce School | High School: BHS

Owners.com Estimated Value

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Local Insights

Listing provided by: H. Elaine Song 

Listing courtesy of: Coldwell Banker Residential Brokerage - Lexington |  (781) 862-2600 

MLS Property Information Network

Tools for buyers

Data provided by: MLS Property Information Network
Last detected update: September 26, 2019 04:47AM EST ~ Verified on November 15, 2019 06:19AM 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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