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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
240 Scenic Dr
Dayton, TN 37321
3 Beds
3 Baths
2,700 ft2
$264,000
Owners.com Estimate:
Estimated Payment:$991/mo

Come inside

..you will be surprised what this 3BR/3BA with fully finished basement has to offer!! This marvelous home, screened by trees is welcoming you home! You will appreciate the delightful open floor plan with gleaming hardwood floors in kitchen, living room and dining room. Kitchen offers plenty of cabinets and brand new Jenn Air stainless steel appliances. The master suite has trey ceilings and leads to the master bath which offers a gorgeous tile walk in shower and separate vanities. All bedrooms have their own full bath. Wait till you see the finished basement! Room galore for entertaining and play! Enjoy a cool breeze on your lazy rocking chair porch that wraps around the house. This move-in-ready home boasts of up-to-date color tones, tankless water heater, new roof and an invisible underground fence for dogs. Serene setting but only a few miles from downtown and walking distance to the community boat launch. Come check this beauty out today!

Property type
Single Family Home
Year built
2007
Parking
Garage Door Opener, Garage - Two Attached, Driveway - Concrete, #NONE
Price/Sqft
$98
MLS #
20192464
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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: Full, Finished

Bathrooms

# of Full Bathrooms: 3

Interior

Features: Ceiling - Fan(s), Closet(s) - Walk-in, Master On Main

Exterior

Features: Porch, Porch - Covered

Building

Property Types: Single Family Home | Year Built: 2007 | Architecture: Ranch | Roof: Shingle or Shake | Siding: Siding | Floors: Carpet, Solid Hardwood, Tile - Ceramic | Windows: Insulated

Garage & Parking

Parking: Garage Door Opener, Garage - Two Attached, Driveway - Concrete, #NONE

Lot

Lot Dimensions: 266.4 x 241.9 | Lot size: -1 acres | Lot range: Less Than One Acre | Lot Features: Corner Lot, Wooded, Landscaped

Location

County: Rhea | Subdivision: Edgewater Estates | Real Estate Area: DAYTON | Directions: From office, take Hwy 27 S, turn right on Armstrong Ferry Road, turn left at fork, turn left on Edgewater, turn left on Scenic, house on right. | MLS #: 20192464

Appliances

Appliances: Dishwasher, Range / Oven, Microwave, Refrigerator, Water Heater - Gas

Heating & Cooling

Air Conditioning: Central Electric | Heating: Central Heating, Gas

Utilities & Security

Sewer Service: Septic - Tank | Water Source: Public Supply

School

Elementary School: Dayton City Elm | Middle School: Dayton City | High School: Rhea County

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

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Local Insights

Listing provided by: Anneke Wilkey 

Listing courtesy of: Coldwell Banker Pryor Realty |  (423) 775-4044 

Tools for buyers

Data provided by: River Counties MLS
Last detected update: August 22, 2019 03:31PM EST ~ Verified on November 06, 2019 04:01AM 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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