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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 61 days
11040 Appleton Dr
Parma Heights, OH 44130
3 Beds
2 Baths
1,088 ft2
Sold for
$119,000
Owners.com Estimate:
Estimated Payment:$488/mo

Welcome to 11040 Appleton Drive in Parma Heights!!! Quaint property, which is conveniently located in a quiet neighborhood near restaurants and the Shoppes of Parma

With over 1600 sq. ft. of living space, this split level home features three bedrooms, two full bathrooms, and a deep one car garage. With a little TLC, this property would be perfect for a first-time buyer or anyone that wants to have the canvas to make this home into exactly what they envision! The upstairs contains the owners bedroom, two additional bedrooms, and a full bath that has a spacious feel. The lower level needs some updating, but offers a huge inviting space with a decorative fireplace. The tidy and spacious utility room leads to an additional exit door with access to the back yard. The second full bath is conveniently located on the lower level as well. Access the beautiful backyard through sliding glass doors in the dining area, onto a patio, which leads to a spacious yard ~ truly a great, private space for entertaining or relaxing. Home and carpets have been professionally cleaned. Make this home your own!

Property type
Single Family Home
Structure
2.00
Year built
1959
Parking
1Driveway - Paved
Price/Sqft
$119
MLS #
4114577
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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: 3
Virtual Tour: virtual tour | Basement: false, Slab

Bathrooms

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

Interior

Elevator: false

Exterior

Features: Patio

Building

Property Types: Single Family Home, Residential | Year Built: 1959 | Structure: 2.00 | Architecture: Split-Level | Roof: Asphalt/Fiberglass | Siding: Brick, Vinyl

Garage & Parking

Parking: Driveway - Paved, 1 | Garage: Attached, Electric

Lot

Lot Dimensions: 68x131 | Lot size: 0.2045 acres

Location

County: Cuyahoga | Subdivision: Precision Housing Corp | Real Estate Area: Parma Heights | Directions: Located between York Road and Commonwealth Blvd. Take York to Kingsdale Blvd. Go Left onto Appleton. Home of the Right. | MLS #: 4114577

Community

Condo Maintenance: 0

Appliances

Appliances: Dishwasher, Microwave, Range, Refrigerator

Heating & Cooling

Air Conditioning: Central Air | Heating: Fuel - Gas, Forced Air | Fireplaces: 1, #OTHER

Utilities & Security

Sewer Service: Public Sewer | Water Source: Public Supply

Accessibility

Accessibility: 0

School

School District: Parma CSD

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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Price
Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Krystal A Keck 

Listing courtesy of: Stouffer Realty, Inc. |  (440) 238-1002 

Tools for buyers

Data provided by: NORMLS, North/East OH
Last detected update: September 18, 2019 07:45AM EST ~ Verified on October 18, 2019 06:28PM 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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