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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
202 days on Owners.com
2600 W 7th St Apt 2542
Fort Worth, TX 76107
2 Beds
3 Baths
1,954 ft2
$675,000
Owners.com Estimate:
Estimated Payment:$2,535/mo
HOA:$820, Monthly

Rare find! Fabulous opportunity to live in the historic Montgomery Plaza community with luxurious amenities

CORNER unit that faces both East with beautiful unobstructed views overlooking downtown and the Trinity River and has south exposure windows in the bedrooms. The layout of this unit provides approx. 59 extra sq ft. of usable floor space. Impeccably designed and immaculately kept, this unit features 2 large separate living spaces, hardwood floors throughout, kitchen with large island, 2 bedrooms, 2.5 baths, and a great sized utility room for extra storage. Amenities include rooftop pool, fitness room, media area, and is steps from restaurants and shopping in the heart of west 7th!

Property type
Condominium
Structure
1
Year built
1928
Parking
2Space(s) - Assigned, Attached
Price/Sqft
$345
MLS #
14079960
Lot Size
0 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: 2
Virtual Tour: virtual tour

Bathrooms

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

Interior

Features: Decorative Lighting, Electric Shades, Elevator, Sound System Wiring, Water Line to Refrigerator

Exterior

Pool: true, #OTHER

Building

Property Types: Condominium, Residential | Year Built: 1928 | Structure: 1 | Architecture: Condo/Townhome | Construction: Brick | Roof: Concrete | Foundation: Pilings | Floors: Wood

Garage & Parking

Parking: Space(s) - Assigned, Attached, 2

Lot

Lot size: 0.000 acres | Lot size: 0 sqft | Lot range: Condo/Townhome Lot

Location

County: Tarrant | Subdivision: One Montgomery Plaza | Real Estate Area: FW (DOWNTOWN) (101) | Directions: From I30 go North on University, East on 7th Street, Building will be on the left | MLS #: 14079960

Community

Condo Maintenance: Exterior, Full Use of Facilities, Maintenance of Common Areas, Management | HOA Dues: $820/ Monthly

Appliances

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

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating - Electric | Fireplaces: 0

Utilities & Security

Utilities: Cable - Available / In Street, High Speed Internet Available | Sewer Service: City Sewer | Water Source: City Water | Safety and Security: Fire/Smoke, Smoke Detector

School

School District: Fort Worth ISD | Elementary School: N Hi Mt | Middle School: Stripling | High School: Arlngtnhts

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: Mary Cornelius 

Listing courtesy of: Keller Williams Realty 

Tools for buyers

Data provided by: North Texas Real Estate Information Systems
Last detected update: October 16, 2019 11:00AM 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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