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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: Amy Kelley 

Listing courtesy of: Homes of New Hampshire Realty LLC |  (603) 437-4447 

ACTIVE
196 days on Owners.com
159 Island Pond Rd
Derry, NH 03038
4 Beds
3 Baths
3,520 ft2
$424,900
Owners.com Estimate:
Estimated Payment:$1,596/mo

HUGE PRICE REDUCTION!!!! If your looking for new construction you won't get all the upgrades that this home offers (unless you pay for it)

Kitchen with granite counters, Eat-in dining room with sliders to deck, Formal dining room with tray ceiling, Family room with vaulted ceiling, Palladium window and gas fireplace. Formal living room with gas fireplace. First floor 3/4 (walk-in) shower. The second floor offers four bedrooms. Master bedroom with large walk-in closet and master bath. There's also another full bathroom for your family members. Don't stop there! This home has a walk-up third floor with two additional rooms that are finished. Lets go to the basement. Stair lift to go up and down from garage basement to the first floor for elderly or disabled. Basement with additional room for extra storage. In home Sprinkler system, Central vacuum, Sediment water filter and Generator. Wooded back yard with enclosed fenced in back yard. House sits back from the road and plenty of parking along with a two car garage. What more can you ask for?

Property type
Residential
Structure
Triple Level
Year built
2004
Parking
Driveway - Paved
Price/Sqft
$121
MLS #
4748522
Lot Size
135036 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 | Basement: true, Walk Out, Concrete, Finished - Partial

Bathrooms

# of Full Bathrooms: 2
# of Quarter Bathrooms: 0
# of Half Bathrooms: 0
# of Three Quarter Bathrooms: 1

Building

Property Types: Residential, Single Family Home | Year Built: 2004 | Structure: Triple Level | Architecture: Colonial | Construction: Frame - Wood | Roof: Shingle | Siding: Vinyl | Foundation: Concrete

Garage & Parking

Parking: Driveway - Paved | Garage: false, Under

Lot

Lot size: 3.1 acres | Lot size: 135036 sqft | Lot Features: Wooded | Zoning: Residential

Location

Directions: COMMUTERS TAKE NOTICE. Approximately 5.7 miles to 93 North or South, Exit 4. GPS to house from your travel location. | MLS #: 4748522

Appliances

Appliances: Dishwasher, Microwave, Range - Gas, Refrigerator, Water Heater - Tank

Heating & Cooling

Air Conditioning: Central Air, Mini Split | Heating: Gas - LP/Bottle, Forced Air

Utilities & Security

Utilities: Electric - Circuit Breaker(s), Gas - Underground | Sewer Service: Sewer - Private | Water Source: Private

Accessibility

Accessibility: Handicap Modified

School

School District: Derry School District SAU #10 | Elementary School: Derry Village School | Middle School: West Running Brook Middle Sch | High School: Pinkerton Academy

Owners.com Estimated Value

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Data provided by: New England Real Estate Network
Last detected update: August 23, 2019 11:12AM 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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