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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: Lajoie Home Team 

Listing courtesy of: Keller Williams Realty/NH |  (603) 883-8400 

ACTIVE
196 days on Owners.com
23 Old Milford Rd
Amherst, NH 03031
4 Beds
4 Baths
4,675 ft2
$599,900
Owners.com Estimate:
Estimated Payment:$2,253/mo

WOW is what you'll say when you step into this beautiful custom built home! Tons of special features throughout

Enter and appreciate the beautiful columns, soaring cathedral ceiling living room and beautiful french doors to the 4 season sunroom, tons of windows flood in natural light. Be sure to take in all the unique features of this stunning living room, custom built-ins, fireplace and custom moldings. Relax on the back deck or head into the open & spacious Kitchen. Tons of cabinets with beautiful granite counters, curved peninsula and breakfast nook make entertaining while cooking a breeze. Off the kitchen you'll find the 1st floor laundry room, with stairs to the lower level, access to the oversized 3 car garage, and stairs to the 2nd floor and attic storage area, along with 2 good sized bedrooms with double closets, one is currently being used as a double office. On the other side of the 1st floor you'll find the Master Bedroom with Walk-in closet and full master bath with soaking jetted tub, separate shower, double vanity & more beautiful granite counters. Upstairs you'll find the 4th Bedroom with large walk-in closet, en suite full bath & loft sitting room overlooking the living room below. Need potential in-law or guest space? Downstairs you'll find a large walk out family room, Kitchenette, Living room, 2 Bedrooms, sitting area & 3/4 bath! Outside home offer patio area and mature landscaping and plenty of parking! Seller to find suitable housing. Showings begin 5/4

Property type
Residential
Structure
Two Story
Year built
2000
Parking
Driveway - Paved, Garage - Community, Garage - Direct Access, Driveway, Garage, Parking Spaces 6+, Paved, Covered
Price/Sqft
$128
MLS #
4748531
Lot Size
151589 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: 4 | Room Types: Kitchen | Basement: true, Interior, Climate Controlled, Concrete, Daylight, Finished, Full, Insulated, Stairs - Interior, Storage Space, Walk Out

Bathrooms

# of Full Bathrooms: 3
# of Quarter Bathrooms: 0
# of Half Bathrooms: 0
# of Three Quarter Bathrooms: 1

Interior

Features: Ceiling - Cathedral, Ceiling - Fan(s), Master BR w/ BA, Security System, Closet(s) - Walk-in

Exterior

Features: Deck, Garden Space, Patio

Building

Property Types: Residential, Single Family Home | Year Built: 2000 | Structure: Two Story | Architecture: Cape Cod | Construction: Frame - Wood | Roof: Shingle - Architectural, Shingle - Asphalt | Siding: Vinyl | Foundation: Concrete | Floors: Carpet, Wood - Hard, Tile | Windows: Window Screens

Garage & Parking

Parking: Driveway - Paved, Garage - Community, Garage - Direct Access, Driveway, Garage, Parking Spaces 6+, Paved, Covered | Garage: false, Attached

Lot

Lot size: 3.48 acres | Lot size: 151589 sqft | Lot Features: Country Setting, Landscaped, Wooded | Zoning: H

Location

Directions: Amherst Road to Old Milford Road | MLS #: 4748531

Appliances

Appliances: Microwave, Range - Gas, Refrigerator, Water Heater - Off Boiler, Water Heater - Oil, Water Heater - Tank

Heating & Cooling

Air Conditioning: Central Air | Heating: Oil, Baseboard, Steam or Hot Water Heating | Fireplaces: Gas

Utilities & Security

Utilities: Electric - 200 Amp, Electric - Circuit Breaker(s), Electric - Generator Ready, Cable - Available / In Street | Sewer Service: Sewer - Private | Water Source: Drilled Well

Accessibility

Accessibility: 1st Floor Bedroom, 1st Floor Full Bathroom, Access Common Use Areas, Access Restrooms, Hard Surface Flooring, Paved Parking, 1st Floor Laundry

School

School District: Amherst Sch District SAU #39 | Elementary School: Wilkins Elementary School | Middle School: Amherst Middle | High School: Souhegan 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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Data provided by: New England Real Estate Network
Last detected update: August 12, 2019 05:22PM 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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