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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
200 days on Owners.com
1257 E 32nd St
Tulsa, OK 74105
4 Beds
3 Baths
2,171 ft2
$395,000
Owners.com Estimate:
Estimated Payment:$1,483/mo

***ATTENTION INVESTORS *** Across from Crow Creek (The Gathering Place, Brookside) with additional income property

Main house & garage apt with separate address sits on an extra-wide lot on corner 32nd & Peoria. Great investment TWO for the price of ONE! Value is mostly in the land and location.

Property type
Single Family Home
Year built
1939
Parking
Garage - Side Entry, Garage - Detached, Garage - Elec Overhead Door, Garage - Shelves
Price/Sqft
$182
MLS #
1846716
Lot Size
10125 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: 4 | Basement: Partial, Crawl Space

Bathrooms

# of Full Bathrooms: 3
# of Half Bathrooms: 0

Interior

Features: Wired - Ethernet, Satellite Dish Wired

Exterior

Features: #NONE, Gutters, Sidewalks, Fully Fenced, Privacy Fence | Pool: #NONE

Building

Property Types: Single Family Home, Residential | Year Built: 1939 | Architecture: Ranch | Construction: Frame - Wood | Siding: Full Brick | Floors: Carpet, Vinyl, Wood

Garage & Parking

Parking: Garage - Side Entry, Garage - Detached, Garage - Elec Overhead Door, Garage - Shelves

Lot

Lot size: 0.232 acres | Lot size: 10125 sqft | Lot Features: Corner Lot, Mature Trees, Fruit Trees

Location

County: Tulsa | Subdivision: Brookside addn amd | Directions: On the NW corner of 32nd and Peoria. (Brookside) | MLS #: 1846716

Appliances

Appliances: Dishwasher, Disposal, Microwave, Water Heater - Gas

Heating & Cooling

Air Conditioning: 2 Units, Central Air, Window Unit(s), Zoned | Heating: Gas, 2 Units, Central Heating, Zoned | Fireplaces: 1, Gas Logs, Gas Starter

Utilities & Security

Utilities: Cable, Electricity, Gas, Telephone, Water | Water Source: City | Safety and Security: Security System-Owned, Smoke Detector

School

School District: Tulsa - Sch Dist (1) | Elementary School: Eliot | High School: Edison

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: Lee Jones 

Listing courtesy of: Danielle Sprik Realty Group |  (918) 804-8528 

Greater Tulsa Association of REALTORS®

Tools for buyers

Data provided by: Greater Tulsa Association of REALTORS®
Last detected update: May 02, 2019 05:07PM EST ~ Verified on November 04, 2019 08:31PM 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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