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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."
SOLD
Sold in 49 days
84 N 27th St
Las Vegas, NV 89101
3 Beds
2 Baths
1,184 ft2
Sold for
$189,000
Owners.com Estimate:
Estimated Payment:$710/mo

CHECK OUT THIS BEAUTIFUL 3BED/2BATH MOVE IN READY HOME THAT HAS BEEN COMPLETELY REMODELED, AND INCLUDES SUCH UPGRADES AS A NEW ROOF, NEW AIR AND HEATING, NEW ELECTRICAL WIRING, PAINT INSIDE AND OUT, PLUSH CARPET, ALL NEW STAINLESS STEEL APPLIANCES IN THE THE GORGEOUS KITCHEN WITH GRANITE TOPS AND TILE FLOORING

THIS HOME ISN'T GOING TO LASt - SCHEDULE YOUR SHOWING BEFORE IT'S GONE!

Property type
Single Family Home
Structure
Single Story
Year built
1944
Parking
0
Price/Sqft
$160
MLS #
2114700
Lot Size
6970 sqft
Community
None
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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

Bathrooms

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

Interior

Features: Furniture Included - No, Blinds, Drywall

Exterior

Features: Porch, Fence - Back Yard, Wood Fence

Building

Property Types: Single Family Home, Residential | Year Built: 1944 | Structure: Single Story | Roof: Shingle - Composition | Floors: Carpet, Tile

Garage & Parking

Parking: 0

Lot

Lot size: 0.1600 acres | Lot size: 6970 sqft | Lot Features: Under 1/4 Acre | Zoning: Single Family

Location

County: Clark County | Subdivision: SUNRISE ACRES | Real Estate Area: 201 - East | Directions: From N. Eastern Ave. and Fremont St. head north on Eastern. Turn right on Sunrise Ave. Turn right on 27th St. Houseon right. | MLS #: 2114700

Appliances

Appliances: Microwave, Oven - Stove(E)

Heating & Cooling

Air Conditioning: Electric | Heating: Central Heating, Electric | Fireplaces: 0

Utilities & Security

Utilities: All Electric | Sewer Service: Public | Water Source: COMMUNITY Well/Fee

School

Elementary School: Sunrise Acres* | Middle School: Martin Roy | High School: Desert Pines

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

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Local Insights

Listing provided by: Hayden MacInnis 

Listing courtesy of: Keller Williams Market Place I |  (702) 877-2500 

Tools for buyers

Data provided by: Greater Las Vegas Association of REALTORS®
Last detected update: September 06, 2019 05:01PM EST ~ Verified on October 13, 2019 09:57PM 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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