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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
5205 Elkridge Dr
Dallas, TX 75227
3 Beds
3 Baths
1,989 ft2
$224,900
Owners.com Estimate:
Estimated Payment:$845/mo

ENDLESS POTENTIAL!! This well-cared for, charming home in the heart of Buckner Terrace is a blank canvas ready for YOUR personal style preferences THROUGHOUT THE INTERIOR

The home is located on a quiet street in the shade of lovely trees. On the exterior it has been recently updated with a roof, low-E windows, and fence. The interior of the home has great space for living and entertaining with two living areas with an easy flow. Bedrooms are generously sized. Large concrete patio overlooks the large grassy back yard which is perfect for children or pets! Several appliances will convey to new owners. Come see! Easy to show!

Property type
Single Family Home
Structure
1
Year built
1966
Parking
2Attached, Garage - Rear Entry, Driveway - Concrete, Curbs
Price/Sqft
$113
MLS #
14079445
Lot Size
8407 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

Bathrooms

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

Interior

Features: Decorative Lighting, Window Coverings

Exterior

Features: Gutters, Patio, Wood Fence, Alley | Pool: false

Building

Property Types: Single Family Home, Residential | Year Built: 1966 | Structure: 1 | Architecture: Traditional, Single Detached | Construction: Brick | Roof: Composition | Foundation: Pier & Beam | Floors: Carpet, Laminate, Vinyl | Windows: Low E Windows, Bay

Garage & Parking

Parking: Attached, Garage - Rear Entry, Driveway - Concrete, Curbs, 2

Lot

Lot size: 0.193 acres | Lot size: 8407 sqft | Lot range: Less Than .5 Acre (not Zero) | Lot Features: Interior Lot

Location

County: Dallas | Subdivision: Buckner Terrace Add Sec 03 01 Inst | Real Estate Area: DALLAS EAST (12) | Directions: From HWY 75 go East on I-30 and take exit 50A toward Lawnview Ave. Turn left onto Lawnview and an immediate right onto Samuell Blvd. Turn right at Ashbrook Road, right onto Enchanted, left on Elkridge Drive. House will be on the right mid way down the block. | MLS #: 14079445

Appliances

Appliances: Gas Cooktop, Dishwasher, Disposal, Oven - Dual, Oven - Gas

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating - Gas | Fireplaces: 1, Wood Burning

Utilities & Security

Utilities: #NONE, Cable - Available / In Street, High Speed Internet Available, Individual Gas Meter | Sewer Service: City Sewer | Water Source: City Water, Individual Water Meter

School

School District: Dallas ISD | Elementary School: Rowe | Middle School: Long | High School: Skyline

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 History

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Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Patrice Shelby 

Listing courtesy of: Allie Beth Allman & Assoc. 

Tools for buyers

Data provided by: North Texas Real Estate Information Systems
Last detected update: October 14, 2019 12:44PM EST ~ Verified on November 04, 2019 11:54PM 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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