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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 182 days
6366 Truxton Tully Rd
Truxton, NY 13159
3 Beds
2 Baths
1,176 ft2
Sold for
$92,700
Owners.com Estimate:
Estimated Payment:$317/mo

One floor living with large outbuilding on 7

60 acres with a path to the elem. school (Truxton)
Manufacted home (2007) with three large bedrooms, 2 full baths, large walk in closets in all bedrooms.
The land is full of wild life and has a tree stand on the property.
There is a large two car garage on the property with a concrete floor that has many possiibilies. All appliances convey with property, including the washer and dryer.
There is a large back deck that oversees the land., located off the kitchen.
This property is located on Truxton Tully Road and is the first parcel from the Truxton side. The charter school will be open this fall 2019, it has grades K-2.

Property type
Single Family Home
Year built
2008
Parking
Driveway - Double Wide, Driveway - Gravel, Garage - Detached
Price/Sqft
$72
MLS #
S1188975
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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 | Basement: Slab

Bathrooms

# of Full Bathrooms: 2
# of Half Bathrooms: 0

Interior

Features: Ceiling - Fan(s)

Exterior

Features: Deck

Building

Property Types: Single Family Home | Year Built: 2008 | Architecture: Mobile Manu Home With Land | Roof: Asphalt | Siding: Vinyl | Foundation: Poured | Floors: Vinyl, Carpet - Wall-to-wall

Garage & Parking

Parking: Driveway - Double Wide, Driveway - Gravel, Garage - Detached

Lot

Lot size: 7.6000 acres

Location

County: Cortland | Directions: From Cortland , route 13 to Truxton, across from gas station and monument, there is a sharp left, Truxton Tully Road, this is first parcel on right. Coming from the north, take route 11 to Truxton tully road and go end. | MLS #: S1188975

Community

Appliances

Appliances: Gas Cooktop, Dishwasher, Dryer, Oven/Range Freestanding, Water Heater - Electric

Heating & Cooling

Air Conditioning: Wall Unit(s) | Heating: Propane | Fireplaces: 0

Utilities & Security

Sewer Service: Septic | Water Source: Well | Safety and Security: Circuit Breakers

School

School District: Homer | Elementary School: Homer Elementary | Middle School: Homer Junior High | High School: Homer Senior High

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

Property History & Valuation

Local Insights

Listing provided by: Constance Mack 

Listing courtesy of: Yaman Real Estate |  (607) 753-9644 

Tools for buyers

Data provided by: Buffalo Niagara Association of REALTORS®
Last detected update: November 02, 2019 05:40AM EST ~ Verified on November 09, 2019 07:03PM 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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