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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
198 days on Owners.com
4775 Robert Dr
Bethel Park, PA 15102
3 Beds
1 Bath
-- ft2
$169,000
Owners.com Estimate:
Estimated Payment:$635/mo

FIRST TIME HOME BUYERS & DOWNSIZERS:YOU WILL LOVE THIS MOVE IN READY RANCH HOME

Large living room with pristine oak flooring & window treatments. Bright Eat in Kitchen, freshly painted, leads out onto a new rear deck. Exposed Hardwood flooring in all three of the bedrooms. The insulated vinyl windows are newer with crosshatch muntins in some rooms. Trane furnace and A/C installed in 2009. New Roof in 2012 with shingle warranty. Newer hot water heater. New garage door and quiet opener. Updated bath in 2010 with walk in shower. This home is very clean throughout. The basement is spacious and features a shower and hookups for laundry with potential for an additional bath. Situated on a street with minimal traffic. Surrounding lawn comprises .43 acres. NOTHING TO DO BUT MOVE IN!

Property type
Residential
Parking
1Garage - Automatic Opener, Integral Garage
MLS #
1392516
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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: Basement Access - Walk Up

Bathrooms

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

Exterior

Pool: 0

Building

Property Types: Residential | Architecture: Colonial, Ranch or 1 Level | Construction: Existing | Roof: Asphalt | Siding: Brick | Floors: Wood - Hard, Vinyl, Carpet - Wall-to-wall, Wall to Wall Carpet | Windows: Multi-Pane Windows, Window Treatments

Garage & Parking

Parking: Garage - Automatic Opener, Integral Garage, 1

Lot

Lot Dimensions: Triangle 177x125x125 | Lot size: 0.4300 acres

Location

County: South Allegheny | Subdivision: Hillcrest Manor 2nd PL 207 | Directions: Rt 51 S to Rt 88, L Wagner, R Robert Dr. | MLS #: 1392516

Appliances

Appliances: Dishwasher, Stove - Electric, Refrigerator

Heating & Cooling

Air Conditioning: Central Air | Heating: Gas, Heat Type 2 - Forced Air | Fireplaces: 0

Utilities & Security

Sewer Service: Public | Water Source: Public Supply

School

School District: Bethel Park

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
Source: County(Public) Records

School Information

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Local Insights

Listing provided by: Ken Surdick 

Listing courtesy of: HOWARD HANNA HAMPTON OFFICE |  (724) 449-9900 

Tools for buyers

Data provided by: West Pennsylvania MLS
Last detected update: October 03, 2019 12:01PM EST ~ Verified on November 05, 2019 05:50AM 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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