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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
202 days on Owners.com
141 Buddy Powell Ln
WENONAH, NJ 08090
3 Beds
3 Baths
-- ft2
$219,900
Owners.com Estimate:
Estimated Payment:$826/mo
HOA:$129, Monthly

HOME OF THE MONTH SPECIAL SAVINGS! Price Just Reduced for ONLY a Limited Time PLUS FREE Washer, Dryer & Refri! Visit Georgetown Mews Today! Gloucester County's Best Kept Secret for your BEST VALUE - NEW CONSTRUCTION! Fernmoor Homes offers this Popular Stockton Design including 3 Bedrooms, 2 1/2 Baths, a 1 Car Oversized Garage and 1,958 square feet of Open Concept, Townhome Living, located in Deptford Township

Special Incentive - Builder will pay up to $5,000.00 towards Buyers Closing Costs. * Ask Sales Rep for details and requirements. Dare to Compare - It's ALL Included here at Georgetown Mews! Spacious, Dream Kitchen all equipped with Granite Countertops, 42" Maple Cabinets with crown molding, Center Island, Stainless Steel Kitchen Appliance Package (Gas Range/Oven, Microwave and Dishwasher), Stainless Steel Kitchen Sink with garbage disposal & vegetable spray. Beautiful Hardwood Flooring included in Foyer, Living Room, Dining Room, Kitchen, Breakfast area, Family Room & Powder Room. 9 Foot Ceilings on the Main Level plus sliding glass doors leading out to the Deck. Get away to the Incredible Rec Room, a space like no other with sliding glass doors out to the patio/backyard. This space can be used as another TV room, or a guest suite or a gaming room or an office, Your Choice......the Possibilities are endless. Oversized 11'7" x 22'9" , 1 Car Garage includes an Enormous Storage area. Owners Bedroom includes a Walk in Closet and Owners Bath with double sink/vanity. Oversized Windows throughout allow for natural lighting on each level. Call for a tour today! Some Photos shown are of our Decorated Model Home. GPS use 208 Sal Corma Place, Wenonah, NJ 08090 (Model Home and Sales Office)** Ask Sales Rep for Details.

Property type
Residential
Structure
Three or More Stories, Story - Main, Story - Upper 1
Year built
2018
Price/Sqft
-
MLS #
NJGL240208
Lot Size
1437 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
Virtual Tour: virtual tour | Room Types: Dining Room, Bedroom(s) - Master, Kitchen, Family Room, Great Room, Bathroom 2, Master Bathroom, Half Bath, Additional Bedroom | Basement: false

Bathrooms

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

Interior

Features: Floor Plan - Open, Lighting - Recessed

Exterior

Features: Street Lights, Sidewalks, Above Grade, Below Grade | Irrigation: Underground Lawn Sprinkler

Building

Property Types: Residential | Year Built: 2018 | Structure: Three or More Stories, Story - Main, Story - Upper 1 | Architecture: Colonial, Townhouse/Rowhouse | Construction: Brick | Roof: Asphalt | Siding: Vinyl | Floors: Carpet, Tile - Ceramic, Hardwood

Garage & Parking

Garage: true

Lot

Lot Dimensions: 0.00 x 0.00 | Lot size: 0.03 acres | Lot size: 1437 sqft | Zoning: RES

Location

County: GLOUCESTER-NJ | Subdivision: NONE AVAILABLE | Real Estate Area: Deptford Twp (20802) | Directions: GPS/Navigation Please Use 208 Sal Corma Place, Wenonah, NJ 08090 to Sales Office/Model Home. | MLS #: NJGL240208

Community

HOA Dues: $129/ Monthly

Appliances

Appliances: Microwave - Built In, Dishwasher, Disposal, Ice Maker, Gas Oven / Range, Stainless Steel Appliances, Water Heater, Energy Star

Heating & Cooling

Air Conditioning: #NONE, Central Air | Heating: Gas Heating (Natural), Forced Air | Fireplaces: false, 0

Utilities & Security

Sewer Service: No Septic System | Water Source: Public Supply | Safety and Security: Sprinkler System

Accessibility

Accessibility: #NONE

School

School District: DEPTFORD TOWNSHIP PUBLIC SCHOOLS | Elementary School: CENTRAL EARLY CHILDHOOD SCHOOL | Middle School: MONONGAHELA | High School: DEPTFORD TOWNSHIP H.S.

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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Property Tax

Price History

Date
Event
Price
Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Carol A Gephart 

Listing courtesy of: VRI Homes - Cherry Hill 

Bright MLS

Tools for buyers

Data provided by: Bright MLS
Last detected update: October 13, 2019 07:56AM EST ~ Verified on November 04, 2019 08:32PM 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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