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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
2805 Sweet Birch Ct
HARRISBURG, PA 17112
3 Beds
3 Baths
2,055 ft2
$405,000
Owners.com Estimate:
Estimated Payment:$1,521/mo
HOA:$480, Annually

A sprawling custom ranch home in the Autumn Oaks Community; this home features 3 bedrooms, 2 full bathrooms, and over 2,000 sq

feet of living space. A relaxing view of wildlife and 18 acres of wooded open space awaits you on the covered back patio complete with hot tub. An open floor plan complete with huge kitchen, 3 sided fireplace, vaulted great room, formal dining room, and over sized master suite are all waiting for you.

Property type
Residential
Structure
Single Story, Story - Main
Year built
2015
Price/Sqft
$197
MLS #
PADA109516
Lot Size
12298 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: 3
Virtual Tour: virtual tour | Room Types: Living Room, Dining Room, Bedroom(s) - Master, Bedroom 2, Kitchen, Breakfast Room, Bedroom 1, Laundry, Bathroom 1, Master Bathroom | Basement: true, Full

Bathrooms

# of Full Bathrooms: 2
# of Half Bathrooms: 1

Interior

Features: Vacuum - Central, Chair Rail, Crown Moldings, Floor Plan - Open, Lighting - Recessed

Exterior

Features: Hot Tub / Spa, Patio, Above Grade

Building

Property Types: Residential | Year Built: 2015 | Structure: Single Story, Story - Main | Architecture: Ranch, Detached | Construction: Stick Built, Stone | Siding: Vinyl | Floors: Tile - Ceramic, Fully Carpeted, Carpet | Windows: Double-Pane, Energy Efficient, Low-E, Screens

Garage & Parking

Garage: true

Lot

Lot size: 0.28 acres | Lot size: 12298 sqft | Zoning: RESIDENTIAL

Location

County: DAUPHIN-PA | Subdivision: AUTUMN OAKS | Real Estate Area: Lower Paxton Twp (14016) | Directions: East on Linglestown Rd. Left on Patton Road. Right Autumn Oaks Drive. Left Sweet Birch Court to 3rd home on right | MLS #: PADA109516

Community

Condo Maintenance: Common Area Maintenance, Insurance | HOA Dues: $480/ Annually

Appliances

Appliances: Microwave - Built In, Dishwasher, Disposal, Humidifier, Gas Oven / Range

Heating & Cooling

Air Conditioning: Electric, Central Air | Heating: Gas Heating (Natural), Forced Air | Fireplace: true, 1, Gas/Propane

Utilities & Security

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

Accessibility

Accessibility: #NONE

School

School District: CENTRAL DAUPHIN | Elementary School: LINGLESTOWN | Middle School: LINGLESTOWN | High School: CENTRAL DAUPHIN

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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Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: SETH BALUCH 

Listing courtesy of: TeamPete Realty Services, Inc. 

Bright MLS

Tools for buyers

Data provided by: Bright MLS
Last detected update: September 11, 2019 11:07PM 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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