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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
197 days on Owners.com
17 Poland St
Webster, MA 01570
3 Beds
2 Baths
2,205 ft2
$255,000
Owners.com Estimate:
Estimated Payment:$958/mo

MOTIVATED SELLER! NO MORE STRESS! STOP LOOKING! YOU HAVE FOUND YOUR HOME SWEET HOME! Don't take my word for it

Check out the photos of this BEAUTIFUL HOME that has the magic of an antique... with the bonus of all the modern amenities you could ever need to lead a happy life! Not only is it also affordable, it is also in Move-In Condition! You feel great the moment you step inside! Your friends/family will "Ohhh" and "Ahhh" over YOUR gorgeous gleaming hardwood floors, open floor plan and wonderful the home feels! You will love the extra storage, flexibility and freedom you get! This classic home has been redone and offers lots of space for family living. Plenty of natural sunlight brings out the true beauty of this home. Big yard for you to garden, bbq or even a pool! You'll love adding your special touches to make this your home! It's also in a great location, close to schools, shopping and major highways. JUST LISTED so be one of the very first people to see it before someone nabs it

Property type
Single Family Home
Year built
1820
Parking
2Driveway - Pavers, Off Street
Price/Sqft
$116
MLS #
72492545
Lot Size
12000 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 | Basement: true, Unfinished

Bathrooms

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

Interior

Features: Ceiling - Beamed, Hardwood Floors in Living Room, Living Room - Main Level, Living Room - Recessed Lighting

Exterior

Features: Porch, Wood Deck

Building

Property Types: Single Family Home | Year Built: 1820 | Architecture: Colonial | Construction: Frame | Roof: Asphalt/Fiberglass Shingles | Siding: Vinyl | Foundation: Fieldstone | Floors: Laminate, Hardwood

Garage & Parking

Parking: Driveway - Pavers, Off Street, 2

Lot

Lot size: 0.28 acres | Lot size: 12000 sqft | Lot Features: Cleared, Level | Zoning: MR-12,

Location

County: Worcester | Directions: Check Waze | MLS #: 72492545

Appliances

Appliances: Water Heater - Natural Gas, Water Heater - Electric

Heating & Cooling

Heating: Electric Baseboard | Fireplaces: 0

Utilities & Security

Utilities: Electricity - 200 Amps, Cable - Available / In Street, Connection for Gas Range, Connection for Electric Dryer, Connection for Washer Hookup | Sewer Service: City/Town Sewer | Water Source: Public Supply

School

Elementary School: Park Ave. | Middle School: Webster | High School: Bartlett

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

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Local Insights

Listing provided by: Douglas Schmidt 

Listing courtesy of: Realty Executives Boston West |  (508) 429-7391 

MLS Property Information Network

Tools for buyers

Data provided by: MLS Property Information Network
Last detected update: October 22, 2019 11:05PM 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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