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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
196 days on Owners.com
104 E Springville Rd
BOILING SPRINGS, PA 17007
5 Beds
3 Baths
3,072 ft2
$249,900
Owners.com Estimate:
Estimated Payment:$938/mo

NEW LOWER PRICE! Perfect for the combined multi-generational family

Located seconds from Forge Rd. on the fringe of the village of Boiling Springs. Over 3000+ sq. ft. of finished space in this 4-5 BR, 3 bath, 2-story vinyl sided home rests on a .36 ac. lot. This home includes a newly remodeled kitchen with added pantry and open 1st level floor plan to living room and large step-down family room/dining room combo with brick wall fireplace w/pellet stove insert. Both LR and FR contain a large bow window providing bright rooms. Interior freshly painted, replacement windows throughout the home, some new doors, new carpet upstairs in hall and numerous rooms, 1st floor heat pump and new 2nd floor heat pump, and electronically wi-fi controlled smart lighting and thermostats, combines the old with the new. Large lighted front porch, and second story rear deck with private entrance to second floor. Laminate, vinyl and carpet flooring throughout the home. Large rear shed with power to convey with acceptable offer. Off street parking on newly stoned driveway for 4-6 cars. Priced below assessed value. Motivated seller. So many options with this property. Buy it as your first home, sharing one level with a tenant and let them pay for half the mortgage via rent, then turn it into a fully rented investment property for residual income in the future.

Property type
Residential
Structure
Two Story, Story - Lower 1, Story - Main, Story - Upper 1
Year built
1948
Parking
Free Parking, Unpaved
Price/Sqft
$81
MLS #
PACB112682
Lot Size
15682 sqft
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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: 5
Virtual Tour: virtual tour | Room Types: Living Room, Bedroom(s) - Master, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Laundry, Bathroom 1, Bathroom 2, Bonus, Master Bathroom | Basement: true, Partial

Bathrooms

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

Interior

Features: Ceiling - Fan(s), Dining Area, Family Room Off Kitchen, Lighting - Recessed, Walls - Brick, Walls - Dry

Exterior

Features: Exterior Lighting, Balcony, Deck, Above Grade, Below Grade

Building

Property Types: Residential | Year Built: 1948 | Structure: Two Story, Story - Lower 1, Story - Main, Story - Upper 1 | Architecture: Traditional, Detached | Construction: Concrete, CPVC/PVC, Stick Built | 2 floor | Roof: Fiberglass | Siding: Vinyl | Foundation: Block, Crawl Space | Plumbing: Copper | Floors: Carpet, Wood

Garage & Parking

Parking: Free Parking, Unpaved | Garage: false

Lot

Lot size: 0.36 acres | Lot size: 15682 sqft | Lot Features: Cleared, Front Yard, Landscaping, Level, Not In Development, Private, Rear Yard, Road Frontage | Zoning: RESIDENTIAL

Location

County: CUMBERLAND-PA | Subdivision: SOUTH MIDDLETON TWP | Real Estate Area: South Middleton Twp (14440) | Directions: From Carlisle Rt 74 S to R onto Forge Rd to Left on E Springville to property on Left | MLS #: PACB112682

Appliances

Appliances: Microwave - Built In, Dishwasher, Oven/Range - Electric, Water Heater

Heating & Cooling

Air Conditioning: Electric, Central Air | Heating: Electric, Oil, 90% Forced Air | Fireplace: true, 1, Brick, Insert, Mantel(s)

Utilities & Security

Utilities: Cable TV, Hot Water - Electric, Electric Service - 200+ Amp Service | Sewer Service: Public Sewer | Water Source: Public Supply

Accessibility

Accessibility: #NONE

School

School District: SOUTH MIDDLETON

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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Property Tax

Price History

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Price
Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: DENNIS ECKMAN 

Listing courtesy of: Keller Williams of Central PA 

Bright MLS

Tools for buyers

Data provided by: Bright MLS
Last detected update: July 29, 2019 05:46PM EST ~ Verified on November 04, 2019 08:32PM 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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