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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."

Listing provided by: Amanda Connelly 

Listing courtesy of: RE/MAX By the Lake |  (603) 875-4900 

SOLD
Sold in 70 days
153 Main St
Alton, NH 03809
2 Beds
1 Bath
901 ft2
Sold for
$165,000
Owners.com Estimate:
Estimated Payment:$601/mo

In the heart of downtown Alton sits the cutest 1900s historic home that is walking distance to all the conveniences of small town living from the pizza shop to the post office, the library, the park and so much more

From the pages of Fixer-Upper and Pinterest this home invites you right in to enjoy it's charm and character that new construction just does not have from the ship lap and skinny lap, the sliding barn doors, the eyebrow windows, exposed beams, wood stove for an alternative heat source and of course the attached barn. This move in ready home offers an open concept living /dining room with floor to ceiling updated windows that reflect back to the day the building was a stove shop. The first floor also offers a fully updated bathroom, utility room with washer and dryer (that connects to the barn), a den with space for guests or an office or even a workout space, as well as the kitchen with sliders to the large level in town backyard with a fire pit and sandbox. Head upstairs when its time to call it a day to one of the two carpeted cozy bedrooms. When it's time to work on that project or need to get those Christmas decorations out head out to the large barn with tons of storage on both the main level to spread out or store your toys as well as a second level for all that extra stuff. This one is cute, clean, move in ready and budget friendly- dont miss the chance to call 153 Main Street home. Property is zoned RC and business possibilities could exist.

Property type
Residential
Structure
1.5 Story
Year built
1900
Parking
Driveway - Paved, Garage - Direct Access, Storage Above, Barn, Driveway, On Site, Paved
Price/Sqft
$178
MLS #
4748736
Lot Size
10019 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: 2 | Room Types: Kitchen - Eat-in | Basement: true, Interior, Bulkhead, Concrete, Dirt

Bathrooms

# of Full Bathrooms: 1
# of Quarter Bathrooms: 0
# of Half Bathrooms: 0
# of Three Quarter Bathrooms: 0

Interior

Features: Ceiling - Fan(s)

Exterior

Features: Barn, Fence - Partial

Building

Property Types: Residential, Single Family Home | Year Built: 1900 | Structure: 1.5 Story | Architecture: Historic Vintage, New Englander | Construction: Frame - Wood | Roof: Metal, Shingle - Asphalt | Siding: Asbestos | Foundation: Block | Floors: Carpet, Tile, Wood

Garage & Parking

Parking: Driveway - Paved, Garage - Direct Access, Storage Above, Barn, Driveway, On Site, Paved | Garage: true, Attached

Lot

Lot size: 0.23 acres | Lot size: 10019 sqft | Lot Features: Level, Open | Zoning: RC

Location

Real Estate Area: Business District, Commercial Zoning, In Town, Near Paths, Near Shopping, Neighborhood | Directions: Take Route 11 which becomes Main Street Alton. Home is located next door to Profile Bank and across the street from Alton Village Store. | MLS #: 4748736

Appliances

Appliances: Cooktop - Gas, Dishwasher, Dryer, Microwave, Refrigerator, Washing Machine, Water Heater - Gas

Heating & Cooling

Air Conditioning: None | Heating: Oil, Wood, Electric, Hot Air, Stove - Wood

Utilities & Security

Utilities: Electric - 100 Amp, Electric - Circuit Breaker(s) | Sewer Service: 1000 Gallon, Drywell, Private | Water Source: Public Supply

Accessibility

Accessibility: 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, Access Common Use Areas, Access Laundry No Steps, Access Parking, Access Restrooms, Bathroom w/Tub, Paved Parking, 1st Floor Laundry

School

School District: Alton School District SAU #72 | Elementary School: Alton Central School | Middle School: Alton Central School | High School: Prospect Mountain High School

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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Source: County(Public) Records

School Information

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Local Insights

Tools for buyers

Data provided by: New England Real Estate Network
Last detected update: July 11, 2019 05:12PM EST ~ Verified on November 09, 2019 07:04PM 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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