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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
201 days on Owners.com
26625 Evanston Rd # 26625
Lebanon, MO 65536
3 Beds
3 Baths
3,300 ft2
$370,000
Owners.com Estimate:
Estimated Payment:$1,389/mo

Well maintained Log Home with 20 acres!! Doesn't get much better than this, no homes around so private you can really enjoy the peace and tranquility of your home

Home has a beautiful entry where the minute you walk in you feel like your still outdoors there is so much natural light! Home has nice open floor plan with Master Suite on main level and other two bedrooms upstairs with a full bath and a sitting area with a beautiful view of large windows to the back of the property and downstairs living area. Awesome kitchen with breakfast bar and beautiful cabinets. Enjoy your evenings on this beautiful covered porch or on the nice sized deck off the back of home w/above ground pool. Roof is approximately 1 year old Nice workshop/RV cover in the back. Land is partially fence and perfect for any farm animals you might want. Don't miss this great home, is a pleasure just to view.

Property type
Single Family Home
Structure
1.5 Stories
Year built
2009
Parking
Garage - Attached, Garage Door Opener, Off Street, Workshp/Storage Area
Price/Sqft
$112
MLS #
19032448
Lot Size
873814 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 | Basement: #NONE

Bathrooms

# of Full Bathrooms: 2
# of Half Bathrooms: 1

Interior

Features: High Spd Connection

Exterior

Features: Fence

Building

Property Types: Single Family Home | Year Built: 2009 | Structure: 1.5 Stories | Architecture: Rustic / Country, Cabin | Construction: Log | Floors: Some Carpeting, Some Wood Floors

Garage & Parking

Parking: Garage - Attached, Garage Door Opener, Off Street, Workshp/Storage Area

Lot

Lot Dimensions: 675 x 1294 | Lot size: 20.0600 acres | Lot size: 873814 sqft | Lot Features: Backs to Open Grnd, Backs to Trees/Woods, Level, Suitable for Horses

Location

County: Laclede | Subdivision: na | Real Estate Area: Southeast LAC | Directions: East 32 to Highway B to Evanston Rd(in Oakland) left on Evanston Rd approximately 1/2 mile of left. | MLS #: 19032448

Community

HOA: Lebanon Board

Appliances

Appliances: Water Heater - Electric

Heating & Cooling

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

Utilities & Security

Sewer Service: Lagoon | Water Source: Public Supply

School

School District: Lebanon R-III | Elementary School: Lebanon RIII | Middle School: Lebanon Middle School | High School: Lebanon Sr. High

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: Teresa Paterno 

Listing courtesy of: Paterno Realty 

Tools for buyers

Data provided by: Mid America Regional Information Systems
Last detected update: September 24, 2019 05:58AM EST ~ Verified on November 09, 2019 10:14PM 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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