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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."
SOLD
Sold in 79 days
2 Great Cedar Dr # 2
Hanson, MA 02341
2 Beds
2 Baths
1,381 ft2
Sold for
$303,000
Owners.com Estimate:
Estimated Payment:$1,127/mo
HOA:$300, Monthly

Great end unit townhouse situated on beautifully landscaped property

Open floor plan main living area has gorgeous bamboo floors throughout the living room, dining area and kitchen. Tons of natural light shining through the front and side windows and the rear sliding glass door. Kitchen features granite countertops, large center island, stainless appliances and pantry closet. Main level complete with half bath; and slider leading directly to a great sized back deck with privacy wall and steps down to your dedicated parking spaces. Upper level features 2 over-sized bedrooms with great closet space and plenty of windows; and a full bathroom with tub/shower. This home features a bonus lower level with tall ceilings; laundry area; large space for storage or finish it out for additional living space; and sliding door with direct access to rear outdoor space and parking. All appliances included in sale!! Less than a mile to the Commuter Rail Station.

Property type
Condominium
Year built
2015
Parking
2Off Street, Space(s) - Assigned, Deeded
Price/Sqft
$217
MLS #
72486465
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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: 2 | Basement: true

Bathrooms

# of Full Bathrooms: 1
# of Half Bathrooms: 1

Interior

Features: Screens, Living Room - Ceiling Fan(s), Hardwood Floors in Living Room, Living Room - Main Level, Open Floor Plan - Master Bedroom

Exterior

Features: Porch, Composite Deck, Gutters | Pool: false

Building

Property Types: Condominium, Townhome | Year Built: 2015 | Architecture: Townhouse | Construction: Frame | Roof: Asphalt/Fiberglass Shingles | Siding: Vinyl

Garage & Parking

Parking: Off Street, Space(s) - Assigned, Deeded, 2

Lot

Zoning: Res

Location

County: Plymouth | Directions: Route 27 to Great Cedar Drive. | MLS #: 72486465

Community

Condo Maintenance: Sewer, Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds | HOA Dues: $300/ Monthly

Appliances

Appliances: Range, Dishwasher, Microwave, Refrigerator, Washing Machine, Dryer, Water Heater - Electric, Water Heater - Tank

Heating & Cooling

Air Conditioning: Central Air | Heating: Forced Air, Gas | Fireplaces: 0

Utilities & Security

Utilities: Connection for Gas Range | Sewer Service: Private Sewerage | Water Source: City/Town Water

School

Elementary School: Indian Head | Middle School: Hanson Middle | High School: Whitman/Hanson

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

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Local Insights

Listing provided by: April Henrikson 

Listing courtesy of: Hanley Law Realty, LLC |  (617) 302-8200 

MLS Property Information Network

Tools for buyers

Data provided by: MLS Property Information Network
Last detected update: July 19, 2019 12:58PM 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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