SOURCE: Alpine TLI Group, Inc.

January 23, 2008 10:57 ET

Alpine TLI Group, Inc. -- Real Estate Tax Sale Market Share Opportunities Strengthening With Sub-Prime Mortgage Foreclosures and Weakening Economy

Turmoil in Foreclosure Market Offers Exceptional Opportunities to Buy Property at 1% to 20% of Market Value at Tax Lien and Tax Deed Sales

PLEASANT GROVE, UT--(Marketwire - January 23, 2008) - Alpine TLI Group, Inc. (PINKSHEETS: APGR), a full service tax lien and tax deed purchase, research, and property management company, announced today a strengthening trend of its market share and portfolio acquisition opportunities as the sub-prime mortgage foreclosures and weakening economy continues to accelerate. Turmoil in the foreclosure market and current housing trends offer exceptional opportunities in the next 18 months to buy property at 1% to 20% of market value at tax lien and tax deed sales.

M. Taylor Abegg, II, Chief Executive Officer of Alpine TLI Group, Inc., stated, "Most sub-prime mortgages did not impound property tax payments, meaning the property owner who could not make the monthly mortgage payment did not have an escrow account set aside to pay their property taxes. As a result, record numbers of properties have gone delinquent in the payment of their property taxes. These properties will subsequently be offered at tax sales across the country. This will provide an incredible opportunity for Alpine to build a massive portfolio of quality real estate in 2008. With all the turmoil in the foreclosure market, there are going to be some incredible opportunities in the next 18 to 24 months to acquire property at 1% to 20% of market value through property tax sales."

About ALPINE TLI GROUP, Inc.

ALPINE TLI GROUP, Inc. is a full service tax lien and tax deed purchase, research, and property management company. Alpine specializes in identifying and researching properties that have the propensity of creating a highly leveraged investment opportunity through the purchase of real estate tax lien certificates and tax deeds.

It is estimated that over $10 Billion in property tax liens are offered for sale annually representing over $1 Trillion in potential property value profits for the purchasers of these tax liens. Tax lien certificates are typically acquired by Alpine for 1% to 20% of the property value. If the lien is redeemed by the property owner, a return of 4% to 25% APR is realized by Alpine. If the lien is not redeemed, the deed to the property is granted to Alpine, free and clear of all encumbrances. More information on Alpine TLI Group is available online at http://www.AlpineTLIGroup.com/

Safe Harbor Statement

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Alpine TLI Group, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact Information

  • For more information, please contact:
    Alpine TLI Group, Inc.
    Investor Relations
    888-947-4440
    Email Contact