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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."

Listing provided by: Joanie Keating 

Listing courtesy of: C-21 Jack Associates - Waterbury |  (802) 244-5155 

ACTIVE
203 days on Owners.com
165 Maple St
Waterbury, VT 05677
4 Beds
3 Baths
2,409 ft2
$375,000
Owners.com Estimate:
Estimated Payment:$1,408/mo

Just what you have been waiting for! This charming VT farmhouse has been lovingly cared for and updated through the years

The home boasts 4 bedrooms with a master bedroom /bath on each level. Large eat-in kitchen as well as a huge dining room. Formal entryway from the front of the house off the covered front porch. All this and an attached cozy 1 bedroom apartment with all new flooring has it's own washer, dryer, range and fridge with french doors and a private deck. The detached garage has room for 4 + cars, has 2 auto doors in front and one in back for lawn tractor. It is plumbed for a garden sink. Above the garage is a huge finished bonus room. This property is in the heart of Waterbury Center on one level manicured acre with BBQ pit and room for enormous gardens and what ever lawn sport you desire. It is across from recreation fields with playground and disc golf, close to Mt biking, the Waterbury Reservoir, golfing and skiing!

Property type
Residential
Structure
1.5 Stories
Year built
1825
Parking
Driveway - Paved, Garage - Community, Garage - Direct Access, Garage - Storage Above, Driveway, Garage, Off Street, Parking Spaces 6+
Price/Sqft
$156
MLS #
4748753
Lot Size
52272 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: 4
Virtual Tour: virtual tour | Room Types: Kitchen | Basement: true, Interior, Concrete, Concrete Floor, Insulated, Stairs - Interior, Sump Pump, Unfinished

Bathrooms

# of Full Bathrooms: 1
# of Quarter Bathrooms: 0
# of Half Bathrooms: 0
# of Three Quarter Bathrooms: 2

Interior

Features: Attic, Storage - Indoor, Window Treatment, Wood Stove Hook-up

Exterior

Features: Shed, Storage

Building

Property Types: Residential, Single Family Home | Year Built: 1825 | Structure: 1.5 Stories | Architecture: Farmhouse | Construction: Frame - Wood | Roof: Metal | Siding: Vinyl | Foundation: Concrete, Poured Concrete | Floors: Carpet, Wood - Hard, Vinyl

Garage & Parking

Parking: Driveway - Paved, Garage - Community, Garage - Direct Access, Garage - Storage Above, Driveway, Garage, Off Street, Parking Spaces 6+ | Garage: false, Detached

Lot

Lot size: 1.2 acres | Lot size: 52272 sqft | Lot Features: Country Setting, Landscaped, Level | Zoning: RR

Location

Directions: From Stowe take a sharp left after Cold Hollow cider Mill onto Hollow Road, continue onto Guptil Road, turn left onto Maple Street. Coming from Waterbury turn right onto Guptil Road, drive 2 miles turn left onto Maple Street. property on left. | MLS #: 4748753

Appliances

Appliances: Dishwasher, Dryer, Range - Electric, Refrigerator, Washing Machine, Water Heater - Electric

Heating & Cooling

Heating: Oil, Wood, Forced Air, Hot Air, Wood Burning Stove Heater

Utilities & Security

Utilities: Electric - 100 Amp, Electric - Circuit Breaker(s), Cable - At Site | Sewer Service: 1000 Gallon, Leach Field - Conventionl, Leach Field - On-Site, Sewer - Private | Water Source: Public Supply

Accessibility

Accessibility: Hard Surface Flooring

School

School District: Washington West | Elementary School: Thatcher Brook Primary Sch | Middle School: Crossett Brook Middle School | High School: Harwood Union High School

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

School Information

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Local Insights

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Data provided by: New England Real Estate Network
Last detected update: August 31, 2019 06:47PM EST ~ Verified on November 15, 2019 05:56AM 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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